Apollo Global Management related stories
All articles and analysis
CalPERS debates mega-funds, hardline fee stanceThe performance of mega-funds was a key point at a recent meeting, where a board member said he didn't understand why the pension continued 'to do business with the mega-funds'.
- CalPERS puts $800m of LP stakes for sale
The $226bn pension is selling a chunk of its private equity portfolio that includes a large amount of mega-fund holdings.
- Apollo hires former US Senator
Evan Bayh, the former US Senator from Indiana, will join the firm as Apollo prepares to go public.
- TPG registers BDC for mid-market lending
TPG Specialty Lending will be run by two former Goldman Sachs executives Alan Waxman and Joshua Easterly.
- Why the SEC’s good intentions may harm investors
From an investigation into ties with sovereign funds to the looming investment advisor registration deadline, the SEC has made clear it will continue to monitor private equity firms closely. But whether or not it has sufficient resources to do so has industry insiders – and even a former SEC chairman – more than a little bit anxious.
- Apollo finds opportunity in the downturn
The firm, led by Leon Black, invested about $23bn through the financial downturn including more than half of its $14.7bn seventh fund, which closed in 2008.
- Surprise at the finish
The race for ING REIM nears a conclusion with TPG, CBRE, Jones Lang LaSalle and Ares Capital Management all submitting final bids. Some of the finalists, though, have come as a surprise to the industry.
- TPG in final bidding for ING real estate platform
TPG has made a final offer for the real estate investment management platform, while KKR and others have dropped out of the bidding.
- Moody’s: PIK-toggle debt led to more defaults
A new report reveals private equity-backed companies that issued debt with payment-in-kind (PIK) toggle features were significantly more likely to default or have their ratings downgraded.
- CalPERS gets tough advice on fees, consultants
CalPERS has received numerous recommendations after a 'special review' of fees, including demanding all GP meetings take place at the pension's offices and not in 'expensive settings'.