Apollo’s Zelter Says Private Credit Concerns Are Just Growing Pains

Apollo Global Management president Jim Zelter publicly defended private credit and warned that investors are missing the significance of public/private market convergence. The commentary implies private-credit opportunities may be underappreciated and supports continued allocation to private-credit strategies, though the remarks are unlikely to shift broad market prices.

Analysis

Apollo Global Management president Jim Zelter publicly defended private credit and warned that investors are missing the significance of public/private market convergence. The commentary implies private-credit opportunities may be underappreciated and supports continued allocation to private-credit strategies, though the remarks are unlikely to shift broad market prices.