Apollo Global Management related stories
All articles and analysis
Dear, battling cancer, steps back at CalPERSTheodore Eliopoulos, CalPERS’ senior investment officer for real assets, has stepped in as acting CIO as Joe Dear battles prostate cancer.
- ICG nears €400m CLO close
The London-listed asset manager hopes to conclude fundraising for its latest CLO by the end of June.
- Billabong refinancing threatens equity wipeout
Two private equity-led consortia have dropped buyout bids for the ailing Australian surf-wear retailer, in favour of a refinancing plan that could wipe out shareholders.
- Ares hires former Carlyle dealmaker
The hiring of Charles Steel represents an expansion of the $59bn firm’s dealmaking capabilities in Europe.
- Cerberus primed for $833m UK loan deal
New York-based firm is said to be the front runner for a portfolio of loans being sold by Britain’s part-nationalised bank Lloyds Banking Group.
- Div-recaps add to ticking distressed 'time bomb'
Credit market euphoria is creating the next wave of distressed investment opportunities, according to Wilbur Ross and Apollo's Joshua Harris, who spoke at the Milken Institute's Global Conference this week.
- Apollo eyes European debt
Apollo's been taking advantage of buoyant markets on the sell-side, while targeting non-traditional deals including buying some $12bn in European loans over the past 36 months, according to founder Leon Black (pictured).
- The Fate of Big Buyouts
In the 2009 film ‘The Hangover’, the protagonists begin their apocalyptic, eve-of-wedding bender at Caesars Palace. The fallout from their exploits proved predictably catastrophic.
- TPG, Apollo to contribute $250m each to new Caesars subsidiary
TPG and Apollo will contribute $250m each to ease Caesars Entertainment's capital structure woes.
- India opens up to foreign debt investors
The government has increased the ceiling for the amount of Indian corporate debt issued or held by foreign investors to $51bn from just $1bn, a move likely to provide foreign firms with attractive opportunities in India’s credit market.