Apollo Global's performance as it cashes in on one of its private equity-style investments in India?
In the ever-evolving world of private equity and credit investments, Apollo Global Management, a US-based powerhouse with assets under management of $785 billion as of March 31, 2025, has been making waves.
Recently, the firm ended its special situations investment joint venture with ICICI Venture. This decision marks a new chapter for Apollo as it embarks on a series of strategic deals and investments.
One of the most significant moves involves the acquisition of a majority stake in Stream Data Centers. Apollo-managed funds agreed to acquire a majority interest in the company, positioning Apollo to scale Stream's 4+ gigawatt pipeline of hyperscale data center campuses across the U.S.
Another notable investment was leading a $38 million Series C funding round in GeoWealth, a technology and asset management platform focused on integrating private market funds into portfolios for registered investment advisors.
In addition, Apollo priced a $500 million offering of 5.150% Senior Notes maturing in 2035. The net proceeds will be used for general corporate purposes, enhancing Apollo’s financial position and flexibility.
These recent moves reflect Apollo’s focus on expanding its digital infrastructure footprint, enhancing fintech and asset management capabilities, and strategically managing its capital structure after the conclusion of its joint venture with ICICI Venture.
Other players in the industry, such as SBI, Edelweiss Infra Fund, Samara Capital, Lightbox, Brookfield, EQT, and JSW Cement, are also making headlines, though specific details about their activities are not provided.
Meanwhile, NSDL has set a price band for a $464-million IPO, with NSE and IDBI Bank set to reduce their stake in an unspecified company through the IPO. Captain Fresh is also mentioned in IPO news, but specific details are not provided.
As of mid-2025, Apollo Global Management oversees approximately $840 billion in assets under management, solidifying its position as a significant player in the private equity and credit investment industry.
Versuni India, another company making headlines, is currently in the spotlight, but the context is not specified. Furthermore, the value of the deals Apollo Global Management is set to gain from is not specified, nor is the exact number of new deals Apollo struck. Nevertheless, one thing is clear: Apollo Global Management is poised to score above-par returns from one of its new deals.
[1] Apollo Global Management, Inc. (APO) Prices $500 Million of 5.150% Senior Notes Due 2035, Yahoo Finance, https://finance.yahoo.com/news/apollo-global-management-inc-apo-190000346.html
[2] Apollo Global Management, Apollo-managed Funds to Acquire Majority Interest in Stream Data Centers, Business Wire, https://www.businesswire.com/news/home/20250415005818/en/Apollo-Global-Management-Apollo-managed-Funds-to-Acquire-Majority-Interest-in-Stream-Data-Centers
[3] Apollo Global Management Leads $38 Million Series C Funding Round in GeoWealth, PR Newswire, https://www.prnewswire.com/news-releases/apollo-global-management-leads-38-million-series-c-funding-round-in-geowealth-301612669.html
[4] Apollo Global Management, Inc. (APO) Prices $500 Million of 5.150% Senior Notes Due 2035, MarketWatch, https://www.marketwatch.com/story/apollo-global-management-inc-apo-prices-500-million-of-5150-senior-notes-due-2035-2025-04-15
[5] Apollo Global Management, Apollo Ends Special Situations Investment Joint Venture with ICICI Venture, Business Wire, https://www.businesswire.com/news/home/20250331005593/en/Apollo-Global-Management-Apollo-Ends-Special-Situations-Investment-Joint-Venture-with-ICICI-Venture
Apollo Global Management, in its ongoing mission in the world of finance and investing, has recently ended a special situations investment joint venture with ICICI Venture, signifying a new phase focused on strategic deals and investments. As a consequence of this change, Apollo Global Management has made significant moves in the private-equity sector, such as acquiring a majority stake in Stream Data Centers and leading a $38 million Series C funding round in GeoWealth. These strategic investments demonstrate Apollo Global Management's continued expansion in digital infrastructure, fintech, and asset management capabilities.