RE: Massive8 Dec 2020 21:32
July 06, 2020
Mubadala Lead Investor in $12 Billion Origination Platform
NEW YORK, July 06, 2020 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo” or the “Firm”) today announced the formation of Apollo Strategic Origination Partners (or the “Partnership”). The new origination platform is expected to provide approximately $12 billion in financings over the next three years, targeting transactions of approximately $1 billion to help meet growing corporate demand for scaled direct origination solutions. The Partnership is anchored by Mubadala Investment Company (“Mubadala”) and certain permanent capital vehicles managed by Apollo.