Apollo Global and GIC in Discussions to Invest in Atlas SP Securitization Unit

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Apollo ($NYSE:APO) Global is reportedly in discussions with Singapore’s sovereign wealth fund GIC to invest in Atlas SP’s securitization unit. According to a report, the talks between Apollo Global and GIC are only in the initial stages and the terms of the potential joint venture have yet to be finalized. The deal could be worth around $1 billion and would give GIC a majority stake in Atlas SP’s securitization unit. The potential investment from Apollo Global and GIC would help Atlas SP expand its securitization business to other key sectors such as consumer finance, energy, healthcare, and logistics.

Price History

On Monday, Apollo Global Management (APOLLO) opened at $90.7 and closed at $89.9, a decrease of 3.1% from the previous closing price of 92.7. The remainder of the funds would come from Apollo Global and other sponsors. The securitization unit will be managed by Apollo Global, with GIC taking a minority stake in the business. It is reported that the partnership between Apollo Global and GIC will provide Atlas SP with additional capital to expand their business portfolio. The securitization unit is expected to focus on financial technology, healthcare, consumer services, and other related sectors.

The deal is expected to close in the near future, with the two companies continuing to discuss details and terms of the agreement. If successful, this deal will mark the first time that GIC has invested in a major North American securitization company. It also signals a renewed interest in alternative investments and asset management from GIC and Apollo Global. Live Quote…

About the Company

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Analysis

GoodWhale has conducted an analysis of the fundamentals of APOLLO GLOBAL MANAGEMENT. Our Star Chart has classified this company as ‘cheetah’, a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. The company has a strong position in dividend and growth, and a medium position in asset and profitability. In terms of health, APOLLO GLOBAL MANAGEMENT has an excellent score of 8/10 when looking at its cashflows and debt, indicating that it is capable to pay off debt and fund future operations. Given these qualities, there are several types of investors who may be interested in such a company. Short-term investors may be drawn to the high dividend potential, while long-term investors may be attracted to the potential growth opportunities. Those seeking to diversify their portfolios may also be interested in this type of company, as it offers both income and growth potential in one package. Ultimately, APOLLO GLOBAL MANAGEMENT provides an attractive option for many different types of investors. More…

Peers

The competition between Apollo Global Management Inc and its competitors is fierce. KKR & Co Inc, Blackstone Inc, and Credit Suisse Group AG are all vying for a piece of the pie. The company has a strong track record of delivering superior returns to its investors. KKR & Co Inc is a leading global investment firm with a focus on buyouts, growth equity, and credit. Blackstone Inc is a leading global investment firm with a focus on private equity, real estate, and credit. Credit Suisse Group AG is a leading global financial services firm with a focus on investment banking, asset management, and wealth management.

– KKR & Co Inc ($NYSE:KKR)

KKR & Co Inc is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and hedge funds. The company has a market cap of 44.65B as of 2022 and a return on equity of 4.34%. KKR & Co Inc’s investment strategies are designed to generate long-term capital appreciation and create value for its investors. The company has a long history of successful investments in a wide range of industries and sectors.

– Blackstone Inc ($NYSE:BX)

Blackstone is a leading global investment firm specializing in private equity, credit, and hedge fund investments. With over $540 billion in assets under management, Blackstone’s diversified portfolio includes investments in some of the world’s most iconic companies. Blackstone’s return on equity is among the highest of all major investment firms, and its market capitalization is one of the largest in the world.

– Credit Suisse Group AG ($OTCPK:CSGKF)

Credit Suisse Group AG is a Swiss multinational investment bank and financial services company headquartered in Zurich, Switzerland. The company provides services in investment banking, private banking, asset management, and wealth management. Credit Suisse AG is one of the world’s largest banks with a market capitalization of $9.96 billion as of 2022. The company has a long history dating back to 1856 and has been a major player in the Swiss financial industry. Credit Suisse AG is a publicly traded company listed on the Swiss Stock Exchange.

Summary

Apollo Global Management is in talks with GIC to make an investment in their Atlas SP securitization unit, according to recent reports. This news caused the stock price of Apollo Global to move down the same day. Analysts are optimistic about the potential of this investment, as it could open the door to new opportunities for Apollo Global Management. The deal is expected to give Apollo Global access to new sources of capital which can be used for further investments and business growth.

In addition, the potential investment could also lead to increased asset diversification and higher returns for Apollo Global. With the current market conditions in mind, investors are encouraged to keep an eye on the negotiations and developments of this potential investment.