Private credit has evolved into a $40 trillion-plus asset class that is largely investment grade, and central to financing the real economy. In a lively conversation, Apollo President Jim Zelter and Head of Apollo Capital Solutions Eric Needleman challenge outdated perceptions of private credit, highlighting its scale, structure and growing role in global markets.

They also discuss Apollo’s work to build an open-architecture secondary trading infrastructure and why transparency is critical to making private credit more efficient and accessible.

“I think when people talk about private credit, they are talking about the small pond of direct lending, that’s a market that’s about $1.8 trillion. We're really talking generally around the investment grade private credit market – which is an addressable market of about $40 trillion.”

Eric Needleman, Partner and Head of Apollo Capital Solutions

Tune into the conversation as they explore:

• How market structures have fundamentally changed
• What if you could trade private IG loans? 
• LP value and the origination premium
• Issuer needs and market size
• Marketplace evolution: where are we now?
• Banks as partners