Moves by private credit giants to muscle into lending to blue-chip firms took center stage at a gathering of executives in Paris this week, given the potential to propel the industry’s future growth.
The likes of Apollo Global Management and Blue Owl Capital have already made waves with their multi-billion dollar high-grade deals and now other large investment firms want in. This is seen as the next frontier, particularly with the opportunity to fund huge data centers to cater for AI, participants said in the panels and the corridors at the IPEM private capital conference.
“Investment-grade private credit is the ...