Credit | Case Study
December 05, 2022
Hertz: Apollo’s Flexible Capital at Work
Amid bankruptcy at the height of COVID, Hertz found in Apollo a financing partner capable of executing a quick-turn, multi-billion-dollar series of transactions that enabled the company to continue operations and meet customers’ needs.
Extensive industry expertise coupled with a deep knowledge of Hertz positioned Apollo to provide the company with a series of bespoke capital solutions during a compressed timeframe. Learn how Apollo’s nimble, collaborative financing approach amidst this complex situation demonstrated how Apollo is financing stronger businesses.
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![Apollo CEO Says Investors Will Capture More of the Lending Market](/content/dam/apolloaem/japan/marc-rowan-nikkei-interview.jpg)
Demand booms for low-liquidity, higher-return credit assets, Marc Rowan says
![Mid-Year Credit Outlook: Divergence to Persist through 2024](/content/dam/apolloaem/images/insights/2024/mid-year-credit-paper-blurbs.jpg)
The buoyant demand for corporate debt that propped up primary markets this year came alongside pockets of distress in the riskier parts of the market. We expect this divergence to persist through 2024. In this outlook, we’ll explore the bifurcation in the market, investment themes—from AI to elections—in opportunistic credit, the vanishing liquidity premium in investment grade debt, and the relative value of BDC’s unsecured debt.
![Flexibility Is Key: Why Invest Opportunistically in Private Credit](/content/dam/apolloaem/images/insights/2024/flexibility-is-key-why-invest-opportunistically-in-private-credit.png)
Capital markets have, in our view, entered a new regime of higher volatility that can create attractive opportunities for investors who add flexibility to private credit portfolios. An opportunistic approach can lead to more diversified portfolios and higher risk-adjusted returns. We see attractive opportunities in private corporate credit, asset-backed finance, and dislocated credit.