Apollo Global Management related stories
All articles and analysis
THL credit team plots public leapThe Boston buyout firm may allow LPs in a private credit-opportunity fund to cancel participation if they agree instead to a planned $300m listed credit vehicle.
- Apollo Global appoints investor relations professional
Jon Thompson has joined the firm in the London office to help with fundraising and client functions for the planned real estate fund to be managed by New York-based Apollo Global Management.
- ‘No change’ for Apollo Real Estate
Senior partner Lee Neibart explains the firm’s decision to change its name to AREA Property Partners in an interview with PERE magazine and where its focus will be in the future.
- Apollo forms real estate opportunity team
The Leon Black-led firm has assembled a core group of real estate professionals from Barclays, Goldman Sachs and AREA Property Partners as it prepares to raise an opportunistic private equity real estate fund later this year.
- Monier lenders reject PAI equity cure proposal
The lenders to Monier – a troubled roofing manufacturer backed by PAI Partners – have rejected a PAI-led restructuring plan and are formulating their own proposal.
- Apollo co-founder: Being caught by surprise is 'ultimate sin'
GPs must aggressively analyse and restructure portfolio companies' capital structures before they reach emergency stages, Marc Rowan said at a conference in Los Angeles yesterday. The private equity industry will be one of the most challenged during this economic cycle due largely to the 'looming' maturity of debt for levered companies, he added.
- Appease LPs
Quadrangle has chosen to pay for any and all costs that arise from investigations related to the New York State Common Retirement Fund kick-back scandal, in which the firm has some involvement, writes Christopher Witkowsky.
- Lee, Black focus on non-LBO strategies
Private equity veteran Tom Lee said his firm is looking to invest without leverage in both 'good' and 'bad' banks. Meanwhile, Apollo is eyeing various credit opportunities including providing DIP financing and LBO loans, as well as buying debt in companies it 'knows well' like former portfolio company Intelsat.
- Lazard plans $100m fund for India
Lazard will anchor the growth fund with a $25m commitment.
- TPG tops list of 300 largest firms
According to the PEI 300, Private Equity International magazine’s proprietary ranking of the world’s largest private equity firms, the firm led by David Bonderman has raised more capital for private equity direct investment than any other firm over the past five years.