- Apollo Global (NYSE:APO +0.9%), announces a partnership with Apeiron SpA for investing in Italy's corporate lending market.
- It's targeting corporate credit as a play on the ongoing reform and restructuring in the Italian economy.
- Capital will be deployed via debt and equity investments in the €5M to €50M range.
- This comes on the heels of Ray Dalio's "big Italian short."
- Source: Press Release
Apollo Global bets on Italian corporates
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