The marriage of AI with private credit will democratize access to the debt capital markets for the middle market businesses ...

“ [Alts managers] will benefit from the meaningful growth in private credit as more borrowers turn to private, flexible, ...

Apollo Global Management (NYSE:APO – Free Report) had its price target upped by Citigroup from $162.00 to $170.00 in a research note issued to investors on Wednesday,Benzinga reports. Citigroup ...

(Reuters) - Citigroup and Apollo Global have partnered for a $25 billion private credit and direct lending program, illustrating a growing alliance between banks and non-banks looking for a slice ...

Private credit’s continuing expansion ... In September alone, Citigroup and Apollo Global Management announced a $25 billion partnership, Mizuho Financial Group and Golub Capital announced ...

In his annual letter, the JPMorgan Chase boss tore into the private credit industry, warning that the business loans made by lightly regulated private funds will implode when the credit funds’ opaque ...

A three-decade Citigroup Inc. veteran, he joined Apollo in 2022 as chief operating officer of the firm’s credit business ... of dollars in financing from BNP Paribas SA to expand in private lending.

The boom in private credit at Blackstone reflects a broader shift in how companies borrow. Banks have pulled back from lending, opening up an opportunity for so-called nonbank lenders. Apollo for ...

Citigroup Inc chief executive officer Jane Fraser says that clients who’d been waiting on the sidelines to do deals are ...

Adding to a spate of such partnerships, alternative asset manager Apollo Global Management recently teamed up with Citigroup on $25 billion worth of private credit deals over the next five years.

NEW YORK, October 29, 2024--Citigroup Inc. is announcing ... of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North ...