Apollo Might Join The Twitter-Musk Saga
Apollo does not want to be a member of a private equity consortium that buys the social media business but would provide funding in the form of preferred shares.
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Elon Musk's Twitter Takeover
Since Elon Musk took ownership of Twitter four months ago, the social media platform has become his personal playground. As the billionaire promised to restore "free speech," Twitter users expected some changes.
Apollo Global, An Investments Leader
Founded in 1990, Apollo is a high-growth, global alternative asset manager with a focus on three investing strategies: yield, hybrid and equity. The company has a flexible mandate in many of the funds it manages which enables it to invest opportunistically across a company’s capital structure.
Technology Buyouts
Private equity firms have heaps of capital at their disposal but rising financing costs now makes it increasingly difficult to close acquisitions. Software had been a particularly hot sector before the slump due to its consistent cash flows.
Private Equity Steady In Face Of Increasing Volatility
On Monday, KKR announced the full closure of the KKR North America Fund XIII, an oversubscribed $19 billion fund focused on pursuing opportunistic private equity investments in North America.