Apollo Global (APO) Management could invest as much as $100B in Germany over the next decade, in a boost to chancellor Friedrich Merz’s efforts to stimulate growth in the country’s economy, Ivan Levingston and Alexandra Heal of The Financial Times reports. The company has $100B of its roughly $800B in assets under management in Europe. “We see in this country alone the opportunity for us to put $100bn in the ground in the next decade,” Zelter said, according to the Times. Additionally, Zelter added this investment was “a number that would be hard to match around the globe.”
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