March 01, 2023
Infrastructure Investing: Embracing Complexity in Times of Structural Change
After a tumultuous 2022, the US economic outlook for 2023 remains cloudy. Renewed uncertainty about inflation and the Fed means markets will continue to be volatile. With that in mind, we believe that infrastructure can offer key attributes—downside protection, low correlation to markets, potential protection against inflation—for investors deploying capital today.
We believe that a nuanced infrastructure investment strategy with a disciplined, price-conscious investing mindset—purchase price matters—is more crucial than ever. We see the middle-market as the most fertile ground for opportunity, especially at a time when the large capitalization space is awash in capital.
Tags
Credit | Investment Insight
Apollo Answers: What’s Missing in Private Credit? Integrating Asset-Backed Finance
As private credit evolves, so can portfolios – by integrating asset-backed finance and direct lending strategies. Pairing them can enhance diversification and give investors a broader, more resilient opportunity set.
In a new episode of “Apollo Answers,” Alex Wright, Partner and Global Wealth Strategist at the firm, explores 10 key questions to ask private credit managers. From loan vintages and leverage ratios to payment-in-kind interest and manager alignment, these and other critical factors can help evaluate private credit opportunities.
As investor appetite for income and private credit exposure grows, BDCs remain a powerful tool—but higher-for-longer rates, credit concerns, and shifting portfolio dynamics are making manager selection more critical than ever.
