Apollo’s Head of European Credit Eyes Deals in Defense, AI

WATCH: “There is an enormous amount of spending that needs to happen in Europe,” Apollo’s Tristram Leach says. Source: Bloomberg

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By Kriti Gupta and Francesca Veronesi

August 15, 2025 at 9:20 AM UTC

Updated on

August 15, 2025 at 11:03 AM UTC

Apollo Global Management Inc. is aiming to invest in artificial intelligence, defense and infrastructure in Europe, where trillions in spending is needed, its co-head of European credit Tristram Leach said in a Bloomberg TV interview.

The New-York based firm thinks the continent requires $18 trillion in investment to catch up in these areas, so that means private market funds will play a significant role alongside public markets and banks, he said.