Apollo launches European Credit Company with €10 billion lending capacity
On 2 Nov 2026 Apollo Global Management announced the creation of European Credit Company (ECC), a dedicated platform for corporate and asset‑backed loans across Europe. The vehicle starts with more than €10 billion of lending capacity and is funded by Apollo together with the Abu Dhabi Investment Council, Athora, Norinchukin Bank, Standard Chartered and Aranda Principal Strategies. Giacomo Petrobelli was named chief executive and Christian Meissner chairman, and the firm will operate from Frankfurt, Jersey, London, Luxembourg City and Milan, with plans to add more locations.
Why it matters
The new platform gives Apollo a foothold in the growing European private‑credit market and could generate additional fee income once the €10 billion is deployed, according to the filing that notes earnings impact will depend on deployment speed. The launch also adds a sizable €10 billion balance‑sheet commitment at a time when Apollo’s quarterly earnings have been volatile.
Key facts
- 1Apollo announced the launch of European Credit Company on 2 Nov 2026. ir.apollo.com
- 2ECC begins with more than €10 billion of lending capacity. ir.apollo.com
- 3The platform is backed by Apollo funds and investors including Abu Dhabi Investment Council, Athora, Norinchukin Bank, Standard Chartered and Aranda Principal Strategies. ir.apollo.com
- 4Giacomo Petrobelli was appointed chief executive and Christian Meissner chairman of ECC. ir.apollo.com
- 5ECC will have offices in Frankfurt, Jersey, London, Luxembourg City and Milan. ir.apollo.com
- 6Apollo’s assets under management were $1.05 trillion at the end of June 2026. financial-news.co.uk
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.