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Access here alternative investment news about Funds Managed By Apollo Global Management To Acquire Approximately $1B Portfolio Of Equity Investments From Ge Capital’s Energy Financial Services
Private Equity

Funds Managed By Apollo Global Management To Acquire Approximately $1B Portfolio Of Equity Investments From Ge Capital’s Energy Financial Services

by vcaonline.com posted 2months ago 245 views
Funds Managed by Apollo Global Management to Acquire Approximately $1 Billion Portfolio of Equity Investments from GE Capital’s Energy Financial Services NEW YORK, October 8, 2018-- Funds managed by affiliates (the “Apollo Funds”) of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE: APO) and GE Capital (NYSE: GE) today announced they have entered into a definitive agreement for the Apollo Funds to acquire an approximately $1 billion portfolio, including assumed obligations, of predominantly equity investments in energy assets (the “Equity Portfolio”) from GE Capital’s Energy Financial Services unit.