Apollo's $15 billion private credit fund received withdrawal requests equal to 11.2% of shares — more than double its 5% quarterly cap — and will return just 45 cents on the dollar to investors.
Apollo executive John Zito said private equity firms are broadly misstating the value of their software holdings, telling UBS clients last month that "all the marks are wrong." Zito warned that ...
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Executives at the biggest private-credit lenders have sought to play down an exodus of investor money from their funds, making carefully worded television appearances to calm jitters about the sector.
Jeffrey Epstein prompted the biggest leadership shakeup in Apollo Global Management Inc.’s history five years ago. Now the late sex offender has the private-markets giant back on the defensive. The ...
The new joint venture with Realty Income centers on approximately 500 US single tenant retail properties on long term net leases, giving Apollo funds exposure to contractual rental cash flows backed ...
Apollo Global Management's (APO) flagship private credit vehicle, Apollo Debt Solutions BDC, has curtailed investor withdrawals, granting only about 45% of requested redemptions after demand for exits ...
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Kiki Shepard, the co-host of the long-running variety show “Showtime at the Apollo,” died on Monday from a heart attack. She was 74. Shepard’s death was confirmed via her rep. From 1987-2002, Shepard ...
TOKYO -- Nippon Sheet Glass, a Japanese glass manufacturer that acquired Pilkington Group in 2006, is in talks with U.S.-based Apollo Global Management and lending banks to receive financial support ...
Two of the biggest names in private credit, Ares Management Corp. and Apollo Global Management Inc., blocked investors from getting even half of the money they wanted out of their funds, a sign of ...
KiKi Shepard, who co-hosted the "Showtime at the Apollo" variety show for 15 years, has died, according to a statement Tuesday from her family and charity organization. She was 74. Subscribe to read ...