Apollo Global Management related stories
All articles and analysis
SEC: Former CalPERS officials defrauded ApolloAlfred Villalobos, a former CalPERS board member turned placement agent, and the pension system’s former CEO Fred Buenrostro, allegedly tricked Apollo into paying fees for fundraising work they claimed was approved by the pension, the SEC has charged.
- LeBlanc to leave Texas Teachers'
The revolving door of private equity leaders at US public pensions continues to spin as Steve LeBlanc, one of the most influential LPs in the market, has decided to head to the private sector.
- Oaktree IPO augurs ill for Carlyle
Oaktree’s eargerly-awaited IPO priced at the bottom of its range and failed to sell as many shares as planned, raising $387m. For Carlyle, set to begin its IPO roadshow next week, the lacklustre demand will give it pause for thought.
- Carlyle prices IPO
The Carlyle Group has set a price range between $23 and $25 per share for its IPO, which is expected to happen this year.
- CalSTRS closes 2011 with $506m in commitments
The California State Teachers’ Retirement System bet heavily on Asia, bringing its total allocation to the asset class to nearly $2bn for 2011.
- GPs sign on to private capital database
More than a dozen GPs have agreed to contribute data to a global private equity database being developed by the Private Capital Research Institution and Harvard Business School professor Josh Lerner.
- Regulations hinder China's strategics
Chinese bidders have the cash and desire to be strategic buyers of private equity assets in the US, but regulations tend to get in the way.
- Private equity eyes Russia’s depreciating infrastructure
Russia’s depreciating infrastructure and shrinking government budgets are driving the demand for private money to fund infrastructure projects, with private equity well-positioned to capitalise on the opportunity, write MRIF director Pavel Nazarov (pictured) and Squire Sanders partner Christopher Rose.
- China’s Wanda Group buys AMC for $2.6bn
The Chinese private conglomerate has completed the largest buyout of a US company to date, underscoring China's cross-border M&A trend.
- TPG Credit closes distressed fund above target
The firm, in which TPG Capital owns a 5% stake, beat its $800m target and closed on $997m. The fund is one of a number of distressed vehicles focusing on opportunities in both the US and Europe.