
据阿波罗全球管理公司企业信贷合伙人兼联席主管约翰·科尔蒂斯(John Cortese)透露,该公司自开展私募信贷做市业务以来,交易额已超过 35 亿美元。
Global Management has traded more than $35 billion since it began making markets in private credit, according to John Cortese, partner and co-head of corporate credit.
科尔蒂斯在接受彭博电视台采访时表示,该交易台已与 160 家交易对手完成了约 500 项资产的交易。其中约三分之一的交易量涉及并非由阿波罗发起的贷款。
The desk has traded about 500 assets with 160 counterparties, Cortese said in an interview on Bloomberg Television. About a third of the volume involved loans that weren’t originated by Apollo.
这家资产管理公司本月开始在其总额 8500 亿美元的信贷业务中推出每日定价。对于通常只报告季度估值的私募信贷行业来说,这是一个巨大的转变。
The asset manager began to roll out daily prices across its $850 billion credit business this month. It’s a stark shift for the private credit industry, which typically only reports quarterly valuations.
负责该公司交易业务的科尔蒂斯表示:“毫无疑问,你需要各方资本来关注这个机遇。这也意味着流动性。大量投资者已经习惯了对自己所拥有的资产保持透明度的了解。”此举反映出该行业一些最大 S 玩家正推动私募信贷更加透明,并消除外界对支撑基金贷款价值的担忧。
“It’s inevitable that you’re going to need all pockets of capital to look at this opportunity,” said Cortese, who is responsible for the firm’s trading businesses. “And that also means liquidity. A large amount of investors are used to seeing transparency in what they own.”The firm’s move reflects a push by some of the industry’s biggest players to make private credit more transparent and address fears over the value of loans underpinning funds.
他表示:“我们的总体观点是,你提供的透明度越高,潜在的流动性越好,该资产类别就会越好,往往会发展得更好。流动性是一种美德,而不是缺点。”阿波罗目前正与 SpaceX 以及其他多位投资者进行谈判,拟提供 400 亿美元用于购买英伟达公司的芯片。科尔蒂斯对此交易拒绝置评。
“Generally our view is, the more transparency you give, and potentially liquidity you give, the better off the asset class, it tends to grow a lot better,” he said. “Liquidity is a virtue, not a vice.”Apollo is in talks with SpaceX, along with a number of other investors, to provide $40 billlion for the purchase of chips from Nvidia Corp. Cortese declined to comment on the deal.
他表示:“最大的公司正在审视这个市场并表示希望为复杂的建设或项目建设(人工智能是其中之一,芯片融资是其中之一)寻找结构性解决方案,这并不令人意外。此类情况正在大量发生,而且你会看到越来越多。”
“It’s not surprising that the largest companies are looking at this marketplace and saying, we’d like to find structured solutions for complicated buildouts or project buildouts, AI being one of them, chip financing being one of them,” he said. “There’s a huge amount of that happening. You’re going to see more and more.”