Apollo Global Management related stories
All articles and analysis
FEATURE: RE-IncarnationThe market has changed, and these 12 pros have changed jobs to seize the new day. By Jonathan Brasse and Zoe Hughes. PERE magazine October 2009
- Apollo unveils growing ‘separate account’ business
South Carolina Retirement System has committed $750m in a ‘strategic partnership’ that will invest alongside and through Apollo funds - a new trend, according to the firm.
- Listed Apollo affiliate writes up private equity holdings
AP Alternative Assets has written up all of its biggest private equity investments and seen its NAV rise 29% from 30 June, as Apollo reportedly nears a long expected public listing.
- How fashions have changed
From the golden age to the age of pragmatism: private equity is an industry with evolving strategic priorities. PEI looks at how tastes have altered in five key respects.
- NY Teachers’ invests $75m in Angelo Gordon fund
AG Capital Recovery Partners VII is targeting $3bn for investments in senior secured debt of companies heading for, or already in, bankruptcy.
- Louisiana Teachers’ makes $80m mezzanine bet
The pension, with about $13bn in assets, has invested $40m in mezzanine funds managed by Merit and Peninsula. The pension came under its spending goal for private equity in fiscal ‘09.
- Ares to buy Allied Capital for $648m
Publicly traded ‘business development company’ Allied will be merged with rival Ares. Allied recently reached a restructuring agreement with lenders.
- Back in Black: Apollo fund values surge
In a letter to LPs, firm founder Leon Black revealed that several funds are now reporting positive or flat unrealised performances after dramatic write-downs earlier this year.
- Pension access
Apollo Global Management hired people in California and North Carolina specifically to influence local pension investment decisions.
- Colony, Apollo REITs halve planned IPOs
After delaying the pricing of their IPOs one day, the two fund managers said they now expected to raise just $250m and $200m respectively – compared to Colony’s original target of $500m and Apollo’s $600m.