Apollo Fund Touts NY Yankees Financing as ‘AI-Resilient Leisure’

BloombergPublished 37 minutes ago

Apollo Fund highlights its financing of the New York Yankees as an example of 'AI-resilient leisure,' emphasizing investment in sectors less vulnerable to AI disruption. This reflects private-credit managers' preference to avoid software-related loans amid AI advancements.

#apollo-fund #leisure-industry #new-york-yankees #private-credit

Apollo Fund Touts NY Yankees Financing as ‘AI-Resilient Leisure’

More in Finance

Nvidia-Backed Pigment Nabs $250 Million to Challenge Microsoft

Why Anthropic can't afford to delay its IPO

Goldman Sachs, JPMorgan and Morgan Stanley are dominating the AI stock boom. Here's their edge