Apollo Global Management related stories
All articles and analysis
CalPERS hires former CalSTRS private equity headRéal Désrochers has left a CIO post for a Saudi-backed investment arm to head CalPERS' private equity programme, which has recently been the subject of state ethics probes.
- CDB eyes TPG stake
The $770bn China Development Bank is following in the footsteps of GIC and KIA with the purchase of a stake in TPG's management company.
- Apollo profits rise, first results show
The Leon Black-led asset manager reported big boosts to net economic income and revenues in its first set of results since going public, due in part to strong performance from its buyout unit.
- Apollo wins ‘American Idol’ take-private
US buyout group Apollo has agreed to pay about $509m in cash to de-list the parent company of popular talent show ‘American Idol’.
- Rubenstein: Private equity to shrink
The private equity industry is getting smaller, including fund sizes, deal sizes and fee sizes, according to Carlyle co-founder David Rubenstein at the annual Milken Institute Global Conference.
- Oregon considers $100m to TPG’s BDC
TPG hired former Goldman executives Alan Waxman and Joshua Easterly to run TPG Specialty Lending, a business development company investment vehicle targeting between $800m and $1bn.
- Goodwin Procter adds talent to PE roster
The international law firm hired private equity lawyer Jeff Legault from rival practice Cadwalader, Wickersham & Taft.
- GIC buys into second Western GP
GIC has reportedly teamed up with Kuwait Investment Authority to buy a 4.5% stake in David Bonderman-led TPG Capital. The sovereign fund bought a stake in Apax in 2009.
- Apollo shows growth in $480m IPO filing
The Leon Black-led firm has $10bn of dry powder for private equity investments and has spent about half of its $14.7bn seventh fund, which closed in 2008.
- KKR plans real estate drive after key hire
Former Goldman Sachs veteran Ralph Rosenberg is expected to lead a real estate programme that invests alongside and augments KKR's existing fund portfolios.