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Bloomberg Talks

Apollo Asset Management Co-President Jim Zelter Talks Markets

Jan 9, 2025
Jim Zelter, Co-President of Apollo Asset Management, shares his expert insights on the investment landscape and economic climate. He highlights the benefits of investing in private credit over traditional equities. Jim also contrasts the resilience of U.S. markets with challenges in Europe, discussing political impacts like those from the Liz Truss administration. He examines partnerships between private capital and banking, emphasizing their importance amid a changing financial environment. Mergers and acquisitions are optimistic, yet the IPO market remains uncertain.
12:10

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Quick takeaways

  • The U.S. economy is positioned as a premier investment opportunity due to strong growth and a dynamic private capital sector.
  • Partnerships between private capital and banks signal a significant evolution in capital markets, potentially affecting IPO trends and financing options.

Deep dives

The Strength of the U.S. Economy

The U.S. economy is highlighted as a leading opportunity for investment compared to other regions like the UK and continental Europe. With strong economic growth and the influx of global capital, the private capital sector plays a crucial role in supporting company expansion and the overall economic renaissance. This contrasts sharply with Europe's outdated financing system, which is seen as a hindrance to economic growth. The analysis suggests that the U.S. financial services sector's depth and breadth positions it well for long-term prosperity.

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