Apollo’s new lending platform bets big on a return to business as usual

The fund manager is seeking to hold large loans and then wait for the syndication market to recover before selling them.

It’s not as if US-based fund manager Apollo Global Management hasn’t telegraphed its intention to push further into the burgeoning market for private credit. At its investor presentation back in November, John Zito, Apollo’s deputy chief investment officer of credit, predicted that as much as 10 percent of the $2.5