Apollo’s Wassenaar Sees Underinvestment Risk in AI Buildout
TL;DR
Olivia Wassenaar, Apollo's global head of infrastructure, says the firm deployed more than $20 billion in infrastructure originations in the third quarter, partnering with investment-grade companies and investing in areas including gas processing. Speaking on "Bloomberg Surveillance," Wassenaar also says the opportunity extends beyond AI data centers to the power supply, electrical grid, natural-gas infrastructure and broader industrial economy. (Source: Bloomberg).
Nauti's Take
For small teams, the immediate task is to map infrastructure dependencies around AI projects, including power demand, available compute capacity, and regional grid constraints. Apollo’s figures support a broad market thesis, but they do not yet show which providers or locations will benefit in the near term, so those assumptions need independent verification.
Summary
Olivia Wassenaar, Apollo's global head of infrastructure, says the firm deployed more than $20 billion in infrastructure originations in the third quarter, partnering with investment-grade companies and investing in areas including gas processing. Speaking on "Bloomberg Surveillance," Wassenaar also says the opportunity extends beyond AI data centers to the power supply, electrical grid, natural-gas infrastructure and broader industrial economy.
(Source: Bloomberg)
Sources