#Apollo Global Management

Abu Dhabi fund Mubadala invests in data centre firm Yondr

Abu Dhabi fund Mubadala invests in data centre firm Yondr

The data centre infrastructure company has a contracted and reserved capacity of 878 megawatts (MW), of which 58MW are currently operational

oil rig - Sidara - John Wood

Sidara shelves plans to buy UK’s Wood Group citing geopolitical risks

Sidara had received a deadline extension twice, over June and July, to make a final offer for Wood Group

New era of private credit growth highlights its opaque nature

New era of private credit growth highlights its opaque nature, Moody’s says

Private credit lenders have recently seen revived competition for financing from banks, which are the traditional lenders for leveraged buyouts

Apollo backs Mubadala Capital’s bespoke investments

Apollo backs Mubadala Capital’s bespoke investments

The asset manager is seeding the first strategy within its Mubadala Capital Solutions unit with $2.7bn from its balance sheet

Aopllo acquires $400m stake in Aldar Investment Properties

Apollo acquires $400m equity stake in Aldar Investment Properties

The acquisition is part of the previously announced $1.4bn investment by Apollo into Aldar’s transformational growth initiatives

UAE’s Aldar to receive $1.4bn investment from Apollo Global Management

The deal will see Apollo take a direct minority stake in Aldar Investment Properties at its net asset value

Abu Dhabi’s ADNOC, Apollo-led consortium enter into $5.5bn investment partnership

The transaction will result in upfront proceeds of $2.7bn to ADNOC and is expected to close before end of 2020, subject to closing conditions and regulatory approvals