Apollo Global (APO) news

Mubadala Capital - Alpha Dubai Holding increased its investment in its private credit joint venture MICAD credit JV managed by Mubadala Capital

Alpha Dhabi Holding PJSC and Mubadala Investment Company PJSC have continued to expand their joint venture focused on private credit investments. As of September 2025, the joint venture’s portfolio had grown to approximately $1 billion in assets across 24 obligors. The recent acquisition of a…

Apollo: SLB to also buy stake held by Triton funds

ApolloL funds agree to sell Kelvionto SLB for $4.1B

Apollo Global Management has agreed to sell Kelvion, a German-based provider of thermal management and energy-efficient cooling solutions, to SLB (Schlumberger Limited) for $4.1 billion. The transaction marks a strategic shift for Apollo, which had acquired Kelvion from Triton in late 2025 to…

SLB to acquire Kelvion, expanding its role across data center infrastructure

Apollo Global Alternative Assets has announced plans to acquire Kelvion, a German-based provider of thermal management and cooling solutions, from Triton, a private equity firm. The acquisition, expected to close between Q4 2025 and Q1 2026, will see Apollo take a majority stake, while Triton…

Alpha Dhabi - Investment mandate broadened to diverse global private credit strategies offered by Mubadala Capital’s long-standing relationship

Alpha Dhabi Holding PJSC, in partnership with Mubadala Investment Company, has expanded its investment mandate to include a broader range of global private credit strategies. This development is facilitated by Mubadala Capital’s long-standing relationship with Apollo, a leading alternative asset…