Apollo Global Management related stories
All articles and analysis
Goldman Sachs to raise energy debt fundThe asset management business of the New York bank is the latest to market a fund focused on stressed energy companies.
- Apollo’s credit earnings drop by 42% y-o-y
Overall economic net income at Leon Black’s alternative investment firm declined by an even larger degree than the credit unit, while assets remained flat.
- Apollo promotes MidCap exec; launches DL platform
The co-founder and former CEO of MidCap Financial has been promoted to partner of Apollo Capital Management, in conjunction with the launch of Apollo and MidCap’s new direct origination platform.
- Apollo hops on the distressed energy train
The New York-based alternative investment firm is one of a slew of prominent managers to launch funds targeting the debt of energy companies.
- Friday letter: Factoring fuels growth
Alternative lenders are moving into the least exciting end of credit markets: commercial finance. It’s an excellent move and shows that private debt can continue to disrupt and displace traditional banks.
- Caesars faces lender revolt in restructuring negotiations
Lenders published previously confidential documents as non-disclosure agreements expired opening up trading in the beleaguered casino group’s $23 billion debt pile.
- Exclusive: Apollo launching commercial finance business
The firm is setting up an asset-based lending (ABL) business and fund, with the help of MidCap Financial, a healthcare-focused ABL lender Apollo acquired last year.
- Sareb portfolios go to units of Cerberus, Apollo and TPG
Local loan and real estate asset management units of Cerberus, Apollo and TPG chosen to manage €41 billion in assets by Spain’s bad bank.
- Apollo, Carlyle and Sound Harbor close CLOs
Two of the new debt funds are European, while the third is the first produced from Sound Harbor’s CLO partnership with Macquarie.
- Mack and Sotoloff launch real estate credit platform
The Mack family and Peter Sotoloff, formerly of Blackstone, are starting a real estate debt platform to invest in the US and Europe.