Citigroup, Apollo join forces in $25 billion private credit push
Zelter joined Apollo in 2006 after more than a decade at Citigroup, where he had once served as the chief investment officer of a division that invested in private assets. Before that, he oversaw the bank’s global high-yield and leveraged finance business. Citigroup is a frequent underwriter of debt deals for Apollo’s private equity business.
Citigroup and Apollo Team Up for Private Credit Market
Citigroup and Apollo Global Management are teaming up in the fast-growing private credit market, agreeing to work together on $25 billion worth of deals over the next five years. The two Wall Street heavyweights have struck an exclusive partnership to arrange financings for corporate and private equity clients,
Citigroup, Apollo Agree to $25 Billion Private Credit, Direct Lending Program
Citigroup and Apollo Global Management entered into an exclusive agreement to form a $25 billion private credit, direct lending program. The companies said the program will initially be rolled out in North America, but will potentially expand to further regions and beyond the initial $25 billion scope.
By introducing these more liquid vehicles, are we rinsing out the benefits of a long-term investment in favor of satisfying ...
Apollo’s offer comes shortly after news that chipmaking rival Qualcomm has approached Intel to explore a friendly acquisition ...
Apollo Global Management offers to invest as much as $5 billion in Intel, possibly in return for equity in the company, ...
U.S.-based asset management company Apollo Global Management has offered to make an investment of as much as $5 billion in ...
Apollo Global Management Inc. (NYSE:APO) has reportedly been considering a multibillion-dollar investment in Intel Corp.
Intel ( INTC) stock jumped as much as 5% in premarket trading Monday following a Bloomberg report of a potential ...
Apollo Global Management is reportedly considering a $5 billion investment in Intel, as the chipmaker faces significant stock ...
A Texas energy investment management company sued an insurer backed by Apollo Global Management Inc. over legal costs for ...
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