U.S. 'industrial renaissance' is fueling a rebound in fundraising, Apollo CEO Marc Rowan says

Published On Nov 20, 2024, 12:32 AM

The article discusses the strong demand for capital in the U.S. driven by government spending, particularly in the infrastructure and semiconductor sectors. Leaders from major financial firms, including Apollo Global Management and Blackstone, noted that this 'industrial renaissance' is fueling fundraising activities. They expect increased capital raising and M&A activity, especially in sectors like energy and digital infrastructure. The article highlights how U.S. industrial policies and foreign direct investment are contributing to this trend while noting the economic recovery and normalization following recent slowdowns due to external factors.