Hints and tips:
...Apollo added it to more than a dozen internal loan origination units, which span aircraft leasing and middle-market corporate debts, renaming the unit Atlas SP....
...Boeing chief executive Dave Calhoun is to step down at the end of this year, as part of personnel changes at the US aircraft manufacturer, which is battling with the fallout from an incident in which a plane...
...About 75 per cent of Apollo’s assets under management are in private credit....
...Now they are knocking on our door,” said one wealth management executive at a prominent Wall Street bank, noting that Blackstone’s success with retail had prompted a wave of copycats....
...These include being an investor in various Apollo funds, or as an equity investor in structured debts originated by Apollo platforms ranging from small business lending to aircraft leasing....
...the company and spent wastefully on real estate and aircraft....
...“I believe that going forward Ozy requires experience in areas like crisis management and investigations, where I do not have particular expertise,” he said....
...One of Europe’s most feared activist investors and former Elliott Management executive Franck Tuil is planning to launch a new activist hedge fund, Sparta Capital Management, later this year....
...By investing a part of insurance premiums in middle-market corporate loans, aircraft finance and mortgage originators, Apollo was able to capture excess returns for Athene while holding risk constant....
...The executive did not mention one related fact: according to people familiar with the matter, Caillaux himself had previously flown on one of Greensill’s private aircraft....
...In Ireland, there is Merx Aviation, which provides finance leases for aircraft....
...board’s oversight of risk management,” Glass Lewis said in a report to clients ahead of Boeing’s annual meeting in Chicago on April 29....
...Emulated by peers including Blackstone and KKR, Apollo’s $200bn credit portfolio is among the slickest operators in America’s “shadow banking” industry, churning out everything from residential mortgages to aircraft...
...Its $10bn in assets under management include loan portfolios, aircraft and solar power agreements. Cargill’s $62bn in assets include grain silos, bulk vessel fleets and food processing plants....
...He later chartered larger aircraft and container ships to transport more supplies. “We actually wanted to show that [we could do it],” he adds....
...The unravelling of Apollo Global Management’s $15bn buyout of Arconic, which would’ve been another big one, dented confidence in big buyouts....
...is on financial services and “real assets”, such as infrastructure, real estate and even agriculture, but so far it has primarily started new companies in niche, data-intensive areas such as railcar and aircraft...
...Laurene Powell Jobs, the widow of late Apple co-founder Steve Jobs, has also organised her “social change organisation” Emerson Collective as an LLC....
...They’ve already had to defend the deal after Bristol’s largest shareholder Wellington Management came out against the deal....
...There was some good news for Ryanair pilots on Friday as the carrier announced that it would restore six aircraft to Dublin this winter, having threatened to move them to Poland if the airline’s Irish pilots...
...The rising interest in buying and leasing aircraft has also triggered a surge in sales of debt tied to aircraft leases....
...Hillhouse Capital Management may even beat that figure later this year....
...Last year, it bought the aircraft leasing business of CIT Group of the US for $10bn in a deal to create the world’s third-largest rental fleet, and already this year it has acquired an asset financing business...
...manufacturer’s use of third-party agents in securing aircraft contracts, writes Adam Thomson....
...The plans were blocked last year by Boris Johnson, the mayor of London, over aircraft noise concerns. London City is appealing against the mayor’s decision....
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