Apollo Global Management is targeting investments in the European AI, defence, and infrastructure sectors, according to Tristram Leach, the company's co-head of European credit. Leach highlighted the significant spending required across these sectors in Europe, suggesting a substantial opportunity for investment. He noted that non-European investors are increasingly allocating capital to Europe, driven by a growing sense of upcoming growth and a desire to rebalance away from US markets.
Apollo's interest aligns with broader trends of private capital flowing into Europe, particularly Germany, where the government is encouraging investment in infrastructure and defence. The firm's strategy includes integrating sustainability through renewable energy sources and aligning with initiatives like the U.S. CHIPS and Science Act. Apollo's approach combines infrastructure development with innovation incubators, positioning it to capitalise on the expanding AI infrastructure market. Recent moves, such as the potential acquisition of Kelvion, a cooling equipment manufacturer, further demonstrate Apollo's commitment to supporting the AI sector's infrastructure needs.
Subscribe for Weekly Updates
Stay ahead with our weekly AI and tech briefings, delivered every Tuesday.
