Topics

• As traditional bank lending continues to evolve and non-bank financial institutions take on a growing share of new credit creation, asset-backed finance (ABF) has emerged as one of the most compelling and differentiated areas of the private credit market. In this session, Nick Pepe, Partner and Apollo’s Global Lead Product Specialist for Asset-Backed Finance, explains why Apollo believes the ABF market is well positioned today, supported by structural shifts in bank lending, the growing role of non-bank capital, and a broad, diversified opportunity set.

  In this class, Nick will cover:

  • The $20 trillion ABF market and why it remains dramatically under-allocated relative to its size and quality
  • How asset-backed finance differs from corporate credit in structure, risk drivers, and cash flow behavior
  • The six pillars of the ABF market: consumer finance, hard assets, residential mortgages, financial assets, commercial mortgages, and capital solutions
  • How ABF can serve as a diversifying, predominantly investment grade complement to traditional corporate direct lending