Tag Archives: apollo
Apollo Agreed to Take a Minority Stake in Mubadala Capital, With Strategic Investors to Commit $5 Billion:
HedgeCo.Net — Apollo has agreed to take a minority equity stake in Mubadala Capital, the alternative asset management arm of Abu Dhabi’s Mubadala Investment Company, and to commit … Continue reading
Ares Capital Agreed to Acquire Apollo-Managed MidCap Financial Investment in a $2.6 Billion BDC Merger:
HedgeCo.Net — Ares Capital Corporation, the largest publicly traded business development company, has agreed to acquire MidCap Financial Investment Corporation, the listed BDC exte… Continue reading
Hedge funds buy up German TV firm’s debt
Independent – Hedge funds Apollo and Octavian have been quietly building up a position in ProSieben, one of Europe’s biggest commercial broadcasters. The move could lead to a showdown with private equity owners Permira, the Damon Buffini-run giant, and Kohlberg […]
‘Distress funds’ buy Countrywide
Guardian Unlimited – Three "distressed debt investors" – hedge fund Polygon, restructuring specialist Oaktree and private equity firm Alchemy – have taken control of Countrywide, Britain’s biggest residential estate agent, which was bought by US private equity firm Apollo less […]
US fund takes 35% stake in stricken Countrywide
Times Online – Oaktree Capital Management, a specialist investor that targets heavily indebted companies owned by buyout groups, has sealed its first big investment in Britain. The American-based Oaktree, which has just under €1.8 billion (£1.6 billion) to spend on […]