Apollo's deal-first, 'no walls' playbook for infra investing

The episode features Infrastructure Investor editor-in-chief Bruno Alves speaking with Olivia Wassenaar, head of Apollo’s infrastructure group. They discuss the evolution of Apollo’s infrastructure business, including its first infrastructure fund in 2018, and its deal-first philosophy for investing flexibly across the capital stack. The conversation also covers portfolio construction under an opportunistic approach, Apollo’s collaborative “no walls” culture, infrastructure themes catching its attention and investing in a more volatile world.

1. Apollo raised its first infrastructure fund in 2018, after investing in the asset class for a long time.
2. Wassenaar describes Apollo’s distinctive deal-first philosophy and its ability to invest flexibly across the capital stack.
3. The episode covers how Apollo thinks about portfolio construction given its opportunistic approach.
4. The discussion includes Apollo’s collaborative “no walls” culture, infrastructure themes catching its attention and investing in a more volatile world.