Interesting FT article on Apollo
http://www.ft.com/intl/cms/s/0/dd3c8c42-a825-11e3-8ce1-00144feab7de.html?siteedition=intl#axzz2vgCCvbeV
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| Private equity_ Apollo’s charge to the top - FT.pdf 824.46 KB | 824.46 KB |
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Interesting
Anyone know what exactly Apollo's strategy is with Athene? Is the "permanent capital" just insurance float, and what can they invest with that?
Pretty sure it's mostly credit/high yield investments. I don't think they're allowed to put it into something as illiquid as PE
Thanks for the share
Is the general consensus these days that Apollo is the best investor of the megafunds but has the worst culture?
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