Apollo President wrote private credit is not bubble ‘

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The secret debt is not “a bubble”, the Employer’s Apollo Management Provider can raise “a large economic loss can have growth in recent years.

Saying a HSBC investment meeting in Hong Kong on Thursday, Zelter was asked how to Privacy Loan would make economic government.

“The greatest question I get from each other around the world is, is private credit for bubble?” said zelter. And I would say that it was not a bubble, but there was sure there was a long time for you.

Added:

Apollo It is widespread with private credit and made a lot of pressure in recent years to groups of market market market markets in the world.

Private Loan Credit Groups – Collecting Money to Generals and Drocze Ates directly to Businesses – have made bonds to extent in their financial funds. They are playing section earlier before banks, which is shipment of raw management.

The IMF says that in its previous financial account where the main debt property had increased highly increased economic benefits could cause severe economic benefits, “category,

The report said:

“If a bunch of asset remains operaques and continues to grow on growing, there is a secret industry dignity can change.”

Zelter said Apollo was described as a privacy credit as “whatever is in the fundraising funding page” and include the majority of investing in ahead. Described private credit as “a sea of ​​$ 40”.

The debt “about $ 600bn” business for Apollo, when the Equator is described as “preferable” “, said.

In the event of the HSBC, Zelter said that there was “a war tug” between the world of taking advantage of Ai and technology “.

“It’s our view that derogatory forces will take over six to 12 months before the molding influence of Ai is playing.