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...Last month UBS agreed to sell an additional $8bn of loans to Atlas SP as part of a renegotiation of the deal that also scrapped an associated investment management arrangement....
...The US-based group has raised $20.5bn for its seventh private equity fund....
...Apollo Global Management improperly agreed to pay $570mn to cover the tax bills of its top executives as part of a shake-up aimed at distancing the private equity firm from its scandal-plagued founder Leon...
...He is already proving a valuable addition to the Board and management teams.”...
...Per Bloomberg: Apollo Global Management Inc bet on the longevity of senior citizens by acquiring illegal life insurance policies and funneling the payouts through shell entities, according to a new lawsuit...
...Buyout firm Apollo’s lengthy pursuit of €1.6bn industrial certification group Applus has descended into a complex regulatory stand-off — a warning of how aggressive acquisition strategies can backfire....
...It concluded that Apollo’s limited partnership agreements, with pensions and sovereign wealth groups, stated that such travel and dining expenses should be borne by Apollo, not the funds and its investors...
...Sony and private equity group Apollo have told Paramount Global they intend to make a $26bn cash offer for the entertainment company, just one day before an exclusivity window is set to expire for a competing...
...Apparently, Apollo Global Management has other priorities....
...Paramount questioned the financing of Apollo’s bid and refused to engage with the New York-based private equity group. The New York Times first reported the talks between Sony and Apollo....
...The agreement is a big boost to UBS’s ambitions to significantly cut back Credit Suisse’s investment bank as it focuses on building out the combined group’s wealth management business....
...The world’s largest buyout groups, whose ascent in the fund management industry was underpinned by the use of junk-rated loans, are placing low risk lending at the heart of their growth plans....
...Apollo Global Management originated a record $40bn of debts in the first quarter as $20bn of new insurance-related cash flowed into the US private capital group to be invested....
...UBS has agreed to sell $8bn worth of senior secured financing facilities to private capital group Apollo, as it winds down non-core businesses linked to its purchase of Credit Suisse last year....
...Mubadala holds a minority equity interest in US technology private equity group Silver Lake and has created large lending and investment partnerships with Apollo Global....
...Apollo Global Management’s profits rose sharply at the end of last year, bolstered by quickly rising assets under management and high spreads it earned managing insurance premiums....
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
...Hipgnosis Songs Fund has found itself at the centre of a bidding battle after Apollo-backed US investment group Concord topped a rival offer from Blackstone by raising its own approach to $1.5bn....
...Concord, which is backed by Apollo Global Management, said on Thursday it would not increase its offer of $1.25 per share for the group, which falls short of the $1.30-per-share bid from Blackstone last...
...Public shareholders — who once had a claim to a relatively even split between Apollo’s management fees and the performance fees its funds earn — have in recent years increased their claim on the group’s...
...John Wood Group, the FTSE 250 engineering services company, should either move its listing to the US or consider going private, said activist investor Sparta Capital Management....
...Apollo Global Management plans to grant roughly $550mn in stock to four senior executives, reworking their pay structure as future top leaders at the $631bn asset manager....
...US private equity group Apollo Global Management has struck a deal to buy Wagamama owner The Restaurant Group for £506mn, following a lengthy campaign by activist investors for a shake-up of the dining operator...
...How Deutsche Bank’s DWS inflated its assets for years Can an asset manager count third parties’ funds in their own assets under management and annual flows?...
...Aspen’s chief executive Mark Cloutier was previously the boss of Brit Group, which was also backed by Apollo and chose London for its 2014 IPO, before its acquisition a year later by Canadian group Fairfax...
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