Apollo’s Latest $10 Billion Wizardry to Woo Insurer Cash
Another new vehicle underscores the firm’s preferred target for fresh firepower
Marc Rowan, CEO of Apollo Global Management
Photographer: Yuki Iwamura/BloombergThis article is for subscribers only.
Welcome to Going Private, Bloomberg’s twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we look at how more publicly listed companies are turning to private credit to meet funding needs, the early signs of a battle for supremacy among Tricolor’s legion of creditors and an escalating regulatory crackdown on private credit funds Down Under.
But first, we explore Apollo’s latest $10 billion-plus pitch to lure idle insurance capital. If you’re not already on our list, sign up here.