Here's your summary from Apollo's Kleinman on Intel Deal: Firms Face Unprecedented Levels of CapEx (https://www.youtube.com/watch?v=Vhk6e-KWak8) on the Bloomberg Television channel:
**TLDR:** Private capital, like Apollo, is increasingly important for funding large-scale projects for companies facing high levels of capital expenditure, with Intel being a notable example.
1. Companies worldwide are turning to private capital, such as Apollo, to fund large-scale projects due to unprecedented levels of capital expenditure, digitization, globalization, and energy transition.
2. Intel, among other tech giants, is investing heavily in CapEx, with Apollo backing them for the long term, showcasing the need for creative solutions and access to significant capital.
3. Europe, lagging behind in manufacturing growth compared to the U.S., is recognizing the importance of private capital and securitization to drive growth and catch up, despite facing regulatory challenges.
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