Apollo Global Management’s massive buyout fund has shifted its strategy to gain ownership of companies in distress during the coronavirus crisis, according to co-founder Josh Harris. Apollo’s $25 billion private equity fund has shifted “almost entirely” to a...
Apollo Global Management Inc. is seeking as much as $3 billion for its second infrastructure fund, according to people with knowledge of the matter. The firm has been talking with prospective investors about raising $2 billion to $3 billion for Apollo Infrastructure...
CVC Capital Partners is considering buying a minority stake in Italy’s top soccer league in a move that would give the buyout firm access to one of the world’s top sporting showcases, home to star players like Cristiano Ronaldo and Zlatan Ibrahimovic. CVC is in talks...
A bailout strikeout for buyouts Private equity firms have gone hat in hand to lawmakers to argue that their portfolio companies should get coronavirus assistance alongside Main Street companies. They’ve come up short in at least one big way, The Times’s Kate...
Amazon.com Inc. is considering adding to its investment in Future Retail Ltd. as the debt-ridden Indian retailer battles a cash crunch, according to people familiar with the matter. Amazon, which holds an indirect stake of 1.3% in Future Retail, is in talks with the...