Apollo Global Management related stories
All articles and analysis
Dear steps back at CalPERSTheodore Eliopoulos, CalPERS’ senior investment officer for real assets, has taken on the acting CIO role as Joe Dear battles prostate cancer.
- Wipeout at Billabong?
Two private equity-led consortiums have dropped buyout offers for the ailing Australian surf-wear retailer, which is outlining refinancing plans that could wipe out shareholders.
- Alaska explores ‘special opportunities’
The sovereign fund has tapped Carlyle for an energy-focused managed account, and has committed up to $1bn to Blackstone for hedge fund-related private equity.
- Judge dismisses Providence and Apollo from collusion case
With the removal of the two mega private equity firms, eight others remain accused of colluding to keep deal prices low during the credit bubble era.
- Billabong seals PE refinancing package
The credit arm of The Blackstone Group and a consortium led by Altamont Capital have agreed to give a $294m bridge loan to the ailing Australian surf-wear maker.
- TPG seeks investment period extension
The firm has asked LPs to give it more time to invest Fund VI, a move that could push the launch of TPG’s next fundraising into 2014.
- Banks reap record fees from PE in first half
Private equity firms paid $8.3bn in fees to investment banks in the first half, according to Dealogic, the highest amount since 2007.
- Mass appeal
Large US pensions aren’t the only ones keen on multi-asset class separate accounts – as illustrated by the mandates recently won by LGT.
- Revised Billabong terms approved
Australian regulators have accepted a revised Billabong takeover bid, having rejected its previous proposal that included a 20% break-up fee.
- Thomas H Lee dismissed from collusion lawsuit
Seven mega-firms remain on trial in the long-running US case.