Apollo Global Management related stories
All articles and analysis
San Diego pension re-ups with GSO 'recovery' fundThe pension has approved a $90m commitment to GSO Capital Solutions II, which will provide capital to companies need financial support.
- Apollo agrees $975m grocery exit to Ares
Ares Management reportedly beat rival Centerbridge Partners to acquire food retailer Smart & Final, which Apollo purchased in 2007.
- Internal e-mails used in collusion case
Private equity executives’ emails are being used as evidence that some of the world’s most prominent firms allegedly colluded on mega-buyouts between 2003 and 2007, in an effort to drive down prices and limit competition.
- CVC buys insurance giant from Stone Point
The firm will purchase insurance services company Cunningham Lindsey in a deal valued at between $900m and $1bn.
- LACERS builds new relationships
The $10.8bn pension system has made first-time commitments to four managers since June as it works to diversify its portfolio and shift exposure from large-cap funds to small and mid-sized funds.
- Careful what you wish for
LPs love the US mid-market at the moment – but there are genuine concerns that the amount of capital flooding into this segment could depress returns
- SSG hits $400m hard-cap
Founded in 2009 by senior members of the Lehman Brothers Asia special situations group, SSG's latest pan-Asian vehicle was oversubscribed and has now deployed around one-third of its capital.
- North Carolina hires CIO
The $77bn system has brought on former Florida SBA deputy executive director Kevin SigRist to take over investments.
- Senior Credit Suisse CLO manager joins 3i
Andrew Bellis, a senior CLO manager at Credit Suisse, has joined 3i Debt Management as a partner in a further sign of the group’s ambitious growth plans.
- Arizona commits $100m to energy funds
The $28.3bn retirement system gave $50m each to a pair of debut energy and natural resources funds from Apollo Global Management and The Blackstone Group.