Tag
Apollo Global Management
5 articles
Apollo Funds EasyJet With Aircraft-Backed Debt, Bypasses High-Yield Market
Apollo Global Management structures £3.5 billion of its $7.7 billion EasyJet acquisition using aircraft-secured financing rather than traditional corporate bonds.
Apollo CEO's Montauk Restaurant Dispute Raises Governance Questions
Marc Rowan's years-long legal battle over a Montauk seafood restaurant he operates raises red flags about executive accountability at the $750B asset manager.
PE's Exit Crisis: 33,575 Unsold Companies Lock Up Limited Partner Cash
Private equity's portfolio backlog doubled to 33,575 companies in a decade, blocking distributions to pension funds and endowments while delaying carried-interest payouts to Apollo, Blackstone, KKR and Carlyle
Apollo's $7.7B EasyJet Deal Puts Jet2 in Private Equity Crosshairs
S&P placed EasyJet on credit watch negative after Apollo Global Management secured its takeover, with analysts eyeing rival Jet2 as a prime acquisition target.
Apollo's Fee Earnings Hit Record $785M as Lending and Insurance Offset Asset Sale Drag
Fee-related earnings rose 25 percent to a quarterly high of $785 million, while insurance asset spreads climbed 7 percent to $877 million, as Apollo deferred asset sales.