Apollo Raises $2.4 Billion Credit Fund

The video discusses the current state of credit markets, highlighting the shift from public to private markets and the role of major players like Apollo. It explores the challenges faced due to suppressed bond sales and M&A deals, and the creative strategies private credit funds are employing. The discussion includes the potential for market correction, refinancing needs, and the impact of rising interest rates. The video concludes with insights into future opportunities and strategies in the private credit sector.

What is one of the main trends currently observed in the credit markets?

• Migration of capital to private markets

• Stability in bond sales and M&A deals

• Increase in public market investments

• Decline in private credit market growth

What does Apollo anticipate about the debt market as interest rates stabilize?

• Debt will become less attractive

• Debt will recover and become an attractive buy

• Banks will hold onto their debt

• Interest rates will continue to rise

Why might some companies need to refinance next year?

• They are ahead of their maturity curve

• They are behind the curve on maturity

• Interest rates are decreasing

• They have excess capital

What strategy do private credit funds often use with the debt they acquire?

• Immediate resale

• Leverage for new loans

• Short-term holding

• Buy and hold until maturity

What is a significant factor affecting investor interest in bank-held debt?

• State of the economy

• Lack of available debt

• Excessive bank profits

• High interest rates