Apollo Launches European Credit Company With €10B
The new platform will focus exclusively on performing credit lending across Europe, backed by a group of institutional investors.
Updated on Nov. 2, 2026 in Corporate Finance
Apollo has launched European Credit Company with more than €10 billion of lending capacity. The company is backed by long-term capital investments led by Apollo funds and affiliates alongside other institutional backers.
Why it matters
The company was established to help address unprecedented financing needs in Europe driven by the industrial renaissance. Its focus on performing European credit positions it as a dedicated lender in a market where demand for capital is rising.
The company launched with more than €10 billion of lending capacity, sourced from a parent platform managing approximately $1.05 trillion in assets as of June 30, 2026. Deployment pace and the split of capital across loan types have not been disclosed.
The players
Apollo
Apollo is a major global alternative asset manager whose funds and affiliates lead the long-term capital backing of the new company.
Giacomo Petrobelli
Giacomo Petrobelli is the chief executive officer of European Credit Company and oversees its European performing credit strategy.
Christian Meissner
Christian Meissner is the chairman of European Credit Company and oversees its board.
Standard Chartered
Standard Chartered is a London-headquartered international banking group that is among the institutional backers of the new company.
The details
European Credit Company will source assets through proprietary origination and through strategic partnerships with European financial institutions, drawing on access to Apollo's European credit platform. The company plans to expand to additional markets in the coming quarters.
Timeline
Launch announced on November 2, 2026.
Apollo's assets under management were measured at $1.05 trillion as of June 30, 2026.
Expansion to additional European markets is planned for the coming quarters.
Market Dynamics
The launch responds to the financing demand created by Europe's industrial renaissance, positioning a dedicated European performing credit lender alongside large global asset managers expanding private credit in the region. It reflects a broader pattern of alternative asset managers building regional credit platforms to capture lending opportunities that traditional banks are not filling.
For investors with exposure to private credit, the launch adds a new dedicated European lending vehicle that may compete for deals and shape yields in the region. Individuals holding alternative asset funds or pensions with Apollo exposure may see indirect effects as the platform scales.
The takeaway
Dedicated regional credit platforms are becoming a key source of financing as European industry seeks capital. Investors and borrowers should watch how quickly the company deploys its €10 billion and expands beyond its current offices.
What happens next
The company plans to expand to additional markets in the coming quarters, though no specific dates have been disclosed.
Further reading
Explore more Corporate Finance coverage for context on how private credit platforms are being built.
More information
Visit the European Credit Company corporate website for details on the platform and its backers.
