Apollo plans to have $1.2trn credit AUM by 2029

The New York-based firm is also planning $275bn in origination annually by 2029.

Ambitious goals lie ahead for Apollo’s credit unit over the next five years including plans to double assets under management, expand its asset-backed finance capabilities and tap into channels like private wealth as well as Europe and Asia. Europe alone could be one of the fastest growing markets for Apollo’s credit unit over this time period.