Tagged: apollo

June 24, 2025 @ 4:33 pm By Omar Faridi  |  

National Bank Investments Inc. (NBI) announced a partnership with Apollo Global Management, Inc. to expand access to private credit investments for Canadian accredited investors. The new NBI Apollo Private Credit Fund, available since May 1st, provides exposure to private credit opportunities in directly “originated assets… Read More

April 30, 2025 @ 8:59 am By JD Alois  |  

Securitize has announced a “new chapter for institutional DeFi.” The tokenization platform has partnered with Gauntlet to enable a Real World Assets (RWA) strategy, powered by Morpho, deployed on the Polygon Network. Securitize states that the institutional-grade solution enables permissioned Apollo Diversified Credit Securitize Fund… Read More

April 8, 2025 @ 11:56 am By JD Alois  |  

Apollo Funds has committed money to back Plume, according to a note from the company. Deal terms were not revealed. Plume is a blockchain built specifically for Real World Assets or RWAs. Plume says it is building an EVM compatible environment to transform traditional financial… Read More

March 2, 2025 @ 7:01 pm By Omar Faridi  |  

State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), announced the launch of the SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV). Managed by the State Street Global Advisors Active Fixed Income Team, PRIV reportedly allows all investors… Read More

December 22, 2024 @ 12:56 pm By Omar Faridi  |  

Independent Advisor Solutions Inc. —a wholly owned subsidiary of Wellington-Altus Financial Inc. —is pleased to announce a retail partnership with Apollo (NYSE: APO), a provider of alternative assets and retirement solutions. This latest collab aims to reinforce Independent Advisor Solutions’ dedication to forming deep relationships… Read More

December 10, 2024 @ 10:08 pm By Omar Faridi  |  

Apollo (NYSE: APO) and Santander announced that Apollo-managed funds and affiliates have agreed to invest in an approximately $370 million portfolio of infrastructure credit. The transaction was led by Apterra, an affiliate of Apollo founded in 2023 that specializes in “financing solutions for infrastructure projects.”… Read More

September 29, 2024 @ 6:14 pm By Omar Faridi  |  

Citigroup Inc. (NYSE: C) and Apollo (NYSE: APO) announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential… Read More

May 13, 2023 @ 4:07 pm By Omar Faridi  |  

Last year, it was reported that late-stage tech backer Liquidity Group had raised $775M for its Fintech platform from Apollo (private equity) and MUFG (a Japanese bank). Liquidity is “part tech platform and part lender, using its technology to make decisions on deploying debt facilities… Read More

November 25, 2022 @ 7:49 pm By JD Alois  |  

While there has long been much discussion about the benefits of crypto and blockchain, too frequently, these comments ignore regulation and a need for a compliant environment that instills confidence from all sides of the equation. This has undermined the public perception of blockchain technology… Read More

October 31, 2022 @ 7:06 pm By JD Alois  |  

Apollo (NYSE: APO), one of the largest private equity and asset managers in the world, has custodied its first digital assets with Anchorage Digital, according to a company statement. Apollo currently has a market cap of over $33 billion. A growing number of banks and… Read More

April 11, 2022 @ 10:36 pm By Omar Faridi  |  

Liquidity Group recently announced that it has entered into agreements with respect to “approximately $775 million in capital commitments year-to-date 2022, led by funds and entities managed by affiliates of Apollo (NYSE: APO).” The commitments, which are “subject to satisfaction of certain conditions,” will reportedly… Read More

December 15, 2021 @ 7:25 am By JD Alois  |  

Anchorage, the first federally chartered digital asset bank, has announced a Series D funding round of $350 million. The round was led by KKR with participation from a long list of well-known investors including Goldman Sachs, Alameda Research, Andreessen Horowitz, Apollo credit funds, Blockchain Capital,… Read More

November 29, 2021 @ 10:29 pm By JD Alois  |  

Athene (NYSE: ATH) and Apollo (NYSE: APO) have agreed to purchase a controlling stake in consumer lender Aqua Finance. The valuation was said to be approximately $1 billion. Under the terms of the deal, Apollo will manage the investment on behalf of Athene. Blackstone, an… Read More

July 5, 2021 @ 11:33 am By Priyanka Pani  |  

Apollo Global Management, Inc. (Apollo) has acquired a 24.9% stake in a Fintech-focused private equity firm, Motive Partners’ (Motive) management company, for an undisclosed amount. However, industry experts value the deal at $1 billion. With this, Apollo and its affiliates would become limited partners in… Read More

April 29, 2021 @ 2:01 pm By Samantha Hurst  |  

    Apollo Insurance Solutions Ltd. (TSXV: APLO Reserved), a Canadian online insurance provider, announced on Thursday it has secured coverholder status with Lloyd’s of London. APOLLO reported that the status gives it access to an expanded product portfolio and the ability to manufacture products… Read More

October 13, 2019 @ 8:30 pm By Samantha Hurst  |  

Apollo Exchange, a Canada-based insurtech startup, recently announced it has officially entered the U.S. insurance market. Apollo reported that it entered the American market with a liability insurance product tailored for educators in California. Its insurance product allows consultants, instructors, and therapists to purchase their… Read More

May 13, 2019 @ 10:20 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it is now responsible for the entire payment processing in the e-commerce shop of Apollo, which is described as one of the largest optical retailers in Germany. Wirecard reported that it ensures smooth… Read More

August 20, 2015 @ 11:16 am By Samantha Hurst  |  

RCS Capital Corporation (“RCS Capital”) (NYSE: RCAP) announced the closing of its previously announced private placement of $37.5 million of newly issued convertible preferred stock. In addition, RCS Capital revealed the addition of Marc Rowan, co-founder of Apollo Global Management, LLC (together with its subsidiaries, “Apollo”) (NYSE:  APO), and Anthony… Read More

April 18, 2015 @ 12:08 pm By JD Alois  |  

Vince Passione, LendKey CEO, cemented a $1 billion deal to re-finance student loans as he positions his company to challenge marketplace lending platforms like SoFi and CommonBond. This may be the biggest funding deal to date and is just further evidence of the intense interest… Read More