Apollo took loss on zeroed out asset-backed loan deemed safe
The fallout from the e-commerce aggregator boom is still rippling through credit markets Apollo Global Management took a loss on a portion of a US$170 million asset-backed financing for…
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Coach Taps Omar Apollo as Ambassador for Watches, Eyewear, Fragrance
Coach has lined up a new ambassador: Omar Apollo. The Mexican-American musician will become a global ambassador for the brand and will be featured in watch, eyewear and fragrance campaigns…
QXO secures US$1.8 billion financing led by Temasek, Apollo amid building products consolidation
[GREENWICH, Connecticut] Billionaire Brad Jacobs’ QXO said it has secured an additional US$1.8 billion in financing, led by Singapore’s Temasek Holdings and Apollo Global Management, as…
Apollo weighs potential US$12 billion sale of Atlas Air
Apollo Global Management is exploring a potential sale of its aviation company Atlas Air Worldwide Holdings, according to sources familiar with the matter. The US investment firm is in the…
New owners to revive fish farms vacated by troubled Apollo, Barramundi groups
The building at Neo Tiew Crescent in Lim Chu Kang will be used to grow vannamei prawn and food fish Two fish farming facilities that had been given up by firms exiting the local…
Deutsche Bank joins Barclays, Apollo targeting energy transition deals
Transition is supposed to convey the notion of transforming an asset to green from brown Deutsche Bank increased its environmental, social and governance (ESG)-related financing goals to…
Apollo to become majority shareholder in Atletico Madrid
US fund Apollo’s sports investment arm Apollo Sports Capital has agreed to become the majority shareholder in top-tier Spanish football club Atletico Madrid, the club said on Monday (Nov…
Apollo, KB Securities team up to expand private credit in South Korea
The South Korean firm says that it plans to expand its global private credit footprint and enhance its capabilities in deal sourcing, financing, and arranging Apollo Global Management has…
Apollo looks to bring private capital to growth tech firms
The alternative asset manager has also been tapping into the startup economy more through its partnership with Cadma Capital Apollo Global Management is partnering with venture capital…
KKR, Apollo fuel rush of private investment into Asia’s schools
Private money is pouring into schools in Asia as investors seek to turn a profit on the growing demand for quality education. The booming market is increasingly catching the eye of…
Apollo seeks to double India assets to US$4 billion in credit boom
Apollo Global Management plans to double its assets under management in India to US$4 billion over the next three years, as it looks to capitalise on the booming private credit market, an…
Tom Hanks Honors Astronaut Jim Lovell, Who He Portrayed in ‘Apollo 13’: ‘God Speed You, on This Next Voyage’
Tom Hanks has shared a tribute to James A. Lovell, the astronaut he portrayed in the 1995 feature “Apollo 13.” Lovell died Thursday at the age of 97. The film, directed by Ron Howard,…
Apollo draws US$61 billion in record quarter, but less from wealth
Apollo Capital Management reported record earnings from fees in the second quarter, driven by a boost in lending activity and a bump in managed assets, but reeled in less money from…
Chipmaker Wolfspeed nears bankruptcy deal with lenders including Apollo
Struggling chipmaker Wolfspeed will be taken over by creditors including Apollo Global Management under a proposal that would put it into bankruptcy just long enough to slash billions of…
Meta in talks to raise US$35 billion for data-centre financing led by Apollo
APOLLO Global Management is in talks to lead a roughly US$35 billion financing package for Meta Platforms to help develop data centres in the US, according to sources with knowledge of the…
Apollo weighs 1.5 trillion yen stake in Seven & i management buyout
APOLLO Global Management is considering taking a substantial stake in a bid by Seven & i’s founding Ito family to take the Japanese convenience store operator private, sources familiar…