James Zelter

President & Director, Apollo Global Management

Search every verified James Zelter interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Apollo Global Management President Jim Zelter discussed the firm’s recent activities and market outlook in a September 16, 2026, appearance on Bloomberg Surveillance. He highlighted Apollo’s partnerships with the New York Yankees and Nvidia, describing the firm’s recent period as busy with announcements, travel, and financing. Zelter characterized the scale of the AI infrastructure buildout as “unprecedented,” stating that private capital has an “enormous opportunity” to finance a portion of it alongside public capital. He also said that companies will need to draw on a variety of funding sources—including equity, debt, and different currencies—to meet their capital needs, noting that no single asset class is large enough to fulfill those aspirations. On interest rates, Zelter said he believes “rates are going to be higher for a while,” referencing a view he attributed to Apollo’s chief economist, Torsten Sløk, about a “higher for longer” backdrop. He suggested that the ten-year Treasury yield could remain in a range between 4.25% and 5.5% for some time, and he noted that few goods or services cost less than they did one, three, or five years ago across G-7 economies. Zelter also commented on the strength of the consumer and the limited transmission of rate hikes to slowing economic activity, while cautioning against extrapolating current conditions too far into the future.