Apollo announced the launch of Apollo Sports Capital, a new investment business providing capital solutions across the global sports and live events ecosystem. Al Tylis, a seasoned sports investor and executive has been named Chief Executive Officer of ASC. Apollo Partners Rob Givone and Lee Solomon have been named co-portfolio managers of the platform. Sam Porter has been named Chief Strategy Officer for ASC. ASC will invest predominantly in credit and hybrid opportunities in the sports landscape, spanning franchises, leagues, venues, media, events and more. The permanent capital holding company is designed to be a stable, long-term partner to the sector, providing patient capital and adding strategic value.
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