Apollo Global Management related stories
All articles and analysis
IFC, Apollo set to launch $1bn platform for stressed assetsThe platform will buy pools of non-performing loans in several emerging markets.
- CalPERS ramps up Asia allocation
The US pension fund is already an investor in Affinity Equity Partners, Apollo, Carlyle, PAG, and SAIF Partners funds targeted at the region.
- Caesars’ examiner estimates damages of up to $5.1bn
A court ordered examiner’s report on the Caesars bankruptcy posited that potential damages related to the company’s spin-off of certain valuable assets ahead of the debt restructuring could be in the $3.6 billion to $5.1 billion range.
- Apollo to acquire grocery chain for $1.36bn
The transaction involving The Fresh Market will be financed by $800m of new senior secured notes and $525m of equity from Apollo and the rollover of the owners’ stake.
- India's AION Capital buys GE Capital India
The transaction is subject to statutory and regulatory approvals and is expected to close by October 2016.
- Former CalPERS CEO settles lawsuit
Already facing prison time, Federico Buenrostro will pay $250,000 to settle the civil lawsuit from the pay-to-play scheme he ran while leading the pension fund.
- Impetus-PEF unveils 2016 vision
The charity focused on supporting disadvantaged young people will initiate a new project in March looking at the barriers to education and employment.
- PetSmart distributes $800m to BC Partners and co-investors
The British PE firm is returning capital to investors less than a year after its $8.7bn acquisition of the US pet products retailer.
- Apollo and co-investors to buy ADT for $7bn
The purchase price reflects a 56% premium on ADT’s share price on 12 February and the deal will be partially financed using $4.5bn of equity.
- Chart of the week: Blackstone bucks the trend
While most of the biggest managers of closed-ended private equity funds raised less capital in 2015 than two years earlier, one firm stood out from the crowd.