Global private investment major Apollo Global Management is more bullish than ever on investment opportunities across Europe, according to Robert Seminara, the firm’s head for the region, according to a report by Bloomberg.
Speaking at Bloomberg’s Future of Finance conference in Frankfurt, Seminara highlighted opportunities driven by government spending on defence, infrastructure, and the green energy transition.
Apollo has already deployed close to $50bn in European corporate investments, including a €3.2bn joint venture with RWE AG to finance Germany’s power grid expansion and backing for Electricité de France’s Hinkley Point C nuclear project.
The firm is expanding its European presence, with a new office in Zurich and plans for one in Frankfurt, complementing its London headquarters. Seminara said Apollo is focusing on companies that support these growth areas rather than chasing AI or defence equities, citing the recent acquisition of cooling equipment provider Kelvion as an example.
With Europe’s capital markets comparatively shallow, Seminara sees ample scope for private equity to drive growth and provide financing solutions, positioning Apollo to capitalise on the continent’s rising investment momentum.