Apollo Global Management related stories
All articles and analysis
Apollo nears $1bn for European debt fundLeon Black’s firm is close to the halfway mark as it seeks to raise $2 billion to invest in non-performing loans across Europe.
- Apollo in $483m oil and gas take-private
The private equity firm is looking to boost its energy portfolio wtih Nasdaq-listed Parallel Petroleum.
- Firm linked to CalPERS ethics probe secured $3bn for Apollo
A California political ethics commission is investigating CalPERS board member Charles Valdes, who received $38,600 in campaign donations linked to Alfred Villalobos' placement firm.
- CalPERS board member faces ethics probe
Richard Valdes received $38,600 in campaign donations in 2005; much of them tied to placement agent Alfred Villalobos, who since 2006 has secured more than $4bn in CalPERS commitments.
- Apollo, Ares vehicles seek $260m via share offerings
The listed business development companies of two major private equity firms plan to use the proceeds for investments and debt repayments.
- Apollo awaits vote for takeover of bankrupt Pliant
The Leon Black-led firm, a significant junior lender to the bankrupt packaging maker, has contested management’s reorganisation plan giving control of the company to senior lenders.
- TowerBrook tangles with GTCR in bankruptcy battle
TowerBrook has its sights on forcing the bankruptcy of a floundering portfolio company, Wilton Holdings, in which GTCR and co-investor Martha Stewart have some $200m in equity.
- Life after leverage
Mega-firms with dry powder are breaking the LBO mould to get deals done, writes Toby Mitchenall.
- Lazard buys Chicago private equity firm The Edgewater Funds
Lazard acquired the 18-year-old private equity firm for an undisclosed amount. The Bruce Wasserstein-led firm has been slowly branching out into private equity, last year partnering with Apollo for private equity investments in Europe. It also plans to raise $100m for an India fund.
- Monier gets €1bn haircut as PAI loses control
The roofing business – now owned by Apollo, TowerBrook and York Capital – has rid itself of more than €1bn in debt.