Phoenix Holdings and Apollo announced, as part of their ongoing collaboration, they are launching a partnership for the deployment and co-investment of Phoenix client and corporate assets. This partnership will be based on an evergreen structure allowing Phoenix to participate in up to $2 billion of investments as a strategic partner for Apollo in Israel. The partnership aligns Phoenix with one of the most established alternative asset managers in international markets, and provides access to high-quality, privately originated global credit opportunities.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on APO:
- Apollo to Present at Barclays Financial Services Conference
- Phoenix and Apollo Launch Global Origination Partnership
- Apollo affiliates, PK Airfinance to buy $920M secured aviation loan portfolio
- Engie SA enters agreement to acquire Broad Reach Power, terms not disclosed
- Apollo in Legal Soup Over Payments to Top Executives