Apollo Global Management has launched the European Credit Company (ECC), a European private credit platform with more than 10 billion euros ($11.2 billion) in lending capacity. Backers include the Abu Dhabi Investment Council, Athora, Norinchukin Bank, Standard Chartered and Aranda Principal Strategies. ECC will invest in performing credit across large and mid-market companies, including corporate and asset-backed lending and financing for infrastructure and real estate owners. Led by CEO Giacomo Petrobelli and chairman Christian Meissner, the platform was announced a week after Apollo agreed to buy nearly 10% of Mubadala Capital, the alternative asset manager under Mubadala Investment Co. Apollo president Jim Zelter said financing needs from energy transition, defense and digital infrastructure are acutely felt in Europe.
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| Close on 10/30/2026 | 755.71 |
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