Posts Tagged ‘Leon Black’

Apollo Senior Debt Fund

October 6, 2010

Chidem Kurdas

With the flow of leveraged buyout deals not likely to recover any time soon, big private equity firms are increasingly focused on other types of investments. Thus Leon Black’s Apollo is to start a fund to invest primarily in senior secured loans issued by below-investment-grade companies.

This is separate from the $400 million collateralized loan obligation Apollo is reportedly raising with JP Morgan as the marketer. (more…)