The Zhitong Finance App learned that Apollo Global Management Company (APO.US) is evaluating playing a greater role in financing highly indebted governments and state-owned enterprises, as these entities increasingly turn to private capital to fill the budget gap. Apollo President Jim Zelter said in an interview in London on Tuesday that governments, particularly in Europe, are seeing private capital as “one of the solutions” to resolving rising debt.

The Zhitong Finance App learned that Apollo Global Management Company (APO.US) is evaluating playing a greater role in financing highly indebted governments and state-owned enterprises, as these entities increasingly turn to private capital to fill the budget gap. Apollo President Jim Zelter said in an interview in London on Tuesday that governments, particularly in Europe, are seeing private capital as “one of the solutions” to resolving rising debt.