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Report: Private Equity Pushing Onto Bank’s Low-Risk Loan Turf

May 05, 2024
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Report: Private Equity Pushing Onto Bank’s Low-Risk Loan Turf

May 05, 2024
Private equity companies are reportedly stepping up efforts to compete with banks on low-interest loans. For example, the Financial Times (FT) reported last week, Apollo Global has increased its long-term forecasts for its lending business, telling investors it expected to be able to originate more than $200 billion a year in new loans, up from $150 billion. Apollo Co-President […]