The American financial investor Apollo is making significant strides with its $100 billion investment program into German companies. Co-President Scott Kleinman informed the “Handelsblatt” that the firm is well on track and progressing at a speed that exceeds its initial expectations. Beyond Germany, Apollo also intends to expand its involvement across the continent of Europe, citing the structural changes sweeping the global economy as the primary driving force. He described the current situation as entering a “global industrial renaissance,” which is being fueled by the reorganization of supply chains and industrial production.
However, Kleinman also leveled sharp criticism, noting that Europe and Germany have not been moving fast enough to fully capitalize on these opportunities. Central obstacles remain, including fragmented capital markets and the incomplete implementation of the agenda proposed in reports by former ECB head Mario Draghi.
