Apollo Expands Credit Opportunities with Mubadala’s Big Balance Sheet

Posted on 02/22/2022

Apollo Global Management (NYSE:APO) and Mubadala Investment Company expanded their global partnership, which currently includes a number of strategic initiatives across Apollo’s integrated platform. The expansion of the partnership supports Apollo’s Capital Solutions business to originate transactions across various asset classes and grow product capabilities. It is designed to benefit a wide range of capital needs and meet increasing market demand for expedient and bespoke multi-billion-dollar equity and debt solutions. Apollo expects the mutually beneficial relationship to accelerate its 5-year origination target and support other goals.

The expanded partnership builds on the Apollo Strategic Origination Partners (ASOP) platform formed in 2020, reinforcing the relationship between Apollo and Mubadala. It also strengthens the capabilities of Apollo’s Capital Solutions business, which works across the firm’s global investment platform with a growing team of professionals focused on origination, syndication and broad capital markets activities.

The growing partnership builds on Apollo’s other meaningful relationships and activities in the United Arab Emirates, including the recently announced US$ 1.4 billion fund investment in Aldar Properties as well as a long-term joint venture with ADNOC.

Yield Business of Apollo – US$351 Billion as of September 30, 2021 and 290+ investment professionals.

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Apollo’s High Grade Alpha platform targets proprietary, large-scale, investment grade transactions.

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