Apollo Global Management launches a European private credit platform, aiming to provide lending capacity of around €10 billion. Coverage across outlets describes the new platform as focused on private credit for the European market, backed by major global investors.
CNBC and Bloomberg report that Abu Dhabi Investment Council (ADIC) is among the backers, with Bloomberg adding detail about governance. Seeking Alpha frames the launch in terms of the platform’s capacity, while Bloomberg emphasizes the establishment of a European loan arm and identifies Christian Meissner as chair. The reported deal size is consistently described around €10 billion, with conversions to dollars varying slightly by outlet and timing.
