Apollo Global Management Touts $40T Private Credit Opportunity, AI Financing and Fund XI at BofA Conference

February 17, 2026 - 00:27

At a major financial conference, senior leaders from Apollo Global Management detailed the firm's expansive outlook on the private credit market and its strategic initiatives. The firm's president emphasized a staggering long-term opportunity in private credit, estimating the addressable market could grow to approximately $40 trillion. This projection underscores the sector's rapid evolution from a niche alternative to a central component of the global financial landscape.

A significant portion of the discussion focused on the intersection of finance and technology, particularly the burgeoning need to fund artificial intelligence infrastructure. Apollo sees substantial demand for capital to build the data centers, semiconductor plants, and energy grids required to power the AI revolution, positioning this as a core area for its investment expertise.

The firm also provided an update on its latest flagship private equity fund, Fund XI, signaling strong investor appetite and confidence in its diversified platform. Beyond traditional asset management, Apollo highlighted the continued growth and integration of its retirement services business, Athene, as a key pillar of its strategy. Executives portrayed a firm actively capitalizing on structural shifts in the market, from the maturation of private credit to financing the next wave of technological advancement.