Apollo Global Management related stories
All articles and analysis
California cost-cutterCalPERS advances efforts to reduce fees, remove middlemen.
- Apollo, Centerbridge reportedly in talks for CW Financial
As the parent company of CWCapital searches for a buyer, Apollo Global and Centerbridge Capital have reportedly made competing bids, while Warren Buffett is also eyeing the US’ second largest special servicer.
- CalPERS scandal sidelines well liked PE chief
Leon Shahinian, the 12-year pension veteran described as ‘honest’, has been placed on leave amid a burgeoning pension scandal in California.
- Should you join the PEC?
Lobbying organization the Private Equity Council is welcoming more members into the fold – but many firms are cautious about joining a club launched by mega buyout GPs.
- CalPERS eyes further fee breaks
The pension’s CIO Joseph Dear said LPs that can 'stick together' in the face of GP opposition will be able to win more LP-friendly terms.
- California AG sues former CalPERS officials
Placement agent Alfred Villalobos is facing a civil suit, while the head of the pension’s alternatives programme has been placed on leave.
- TPG chief: Your grandmother could've done an LBO in '07
Markets have rebounded – and quickly enough to make 'low hanging' distressed opportunities scarce – but don't expect to see buyouts at 2007 levels, according to David Bonderman, Leon Black, Scott Sperling and Ted Virtue.
- The post-golden era
This year’s PEI 300 is populated with familiar names, but as the mid-2000s fundraising boom recedes into history, expect a radical shuffling of the ranks, writes David Snow.
- Goldman’s ‘silent giant’ is world’s largest PE firm
The newly unveiled PEI 300 ranks Goldman Sachs Principal Investment Area as the largest private equity direct investment programme in the world, just ahead of Carlyle and KKR. The 300 firms on the list have collectively raised less capital over the past five years than in previous years’ rankings.
- Apollo to lower fees charged to CalPERS by $125m
The firm and the pension have forged a ‘strategic relationship' in which fees will decrease on funds Apollo manages 'solely' for CalPERS.