Apollo to Provide USD $500 Million Hybrid Capital Solution to Aldar in Fourth Transaction
Apollo (NYSE: APO) has announced a USD $500 million investment in Subordinated Notes issued by Aldar Properties, marking one of Abu Dhabi's largest corporate hybrid private placements. This transaction brings Apollo's total investment in Aldar to approximately USD $1.9 billion across four transactions since 2022.
The deal follows Apollo's August 2022 transaction where Apollo-managed funds invested USD $1.4 billion in Aldar, including a USD $400 million equity investment in Aldar Investment Properties. This latest investment strengthens Apollo's presence in Abu Dhabi and the UAE, following their November 2024 announcement of extending their multi-billion-dollar partnership with Mubadala Investment Company.
Since 2020, Apollo's High-Grade Capital Solutions strategy has originated nearly $100 billion in bespoke capital solutions for major companies including Intel, Sony, Air France, and AB InBev.
Apollo (NYSE: APO) ha annunciato un investimento di 500 milioni di USD in Note Subordinate emesse da Aldar Properties, segnando uno dei più grandi collocamenti privati ibridi delle aziende di Abu Dhabi. Questa transazione porta l'investimento totale di Apollo in Aldar a circa 1,9 miliardi di USD nell'ambito di quattro transazioni dal 2022.
Il contratto segue la transazione di agosto 2022 in cui i fondi gestiti da Apollo hanno investito 1,4 miliardi di USD in Aldar, inclusa un'investimento azionario di 400 milioni di USD in Aldar Investment Properties. Questo ultimo investimento rafforza la presenza di Apollo ad Abu Dhabi e negli Emirati Arabi Uniti, a seguito dell'annuncio di novembre 2024 dell'estensione della loro partnership multi-miliardaria con Mubadala Investment Company.
Dal 2020, la strategia High-Grade Capital Solutions di Apollo ha originato quasi 100 miliardi di USD in soluzioni di capitale su misura per grandi aziende come Intel, Sony, Air France e AB InBev.
Apollo (NYSE: APO) ha anunciado una inversión de 500 millones de USD en Notas Subordinadas emitidas por Aldar Properties, marcando uno de los mayores colocaciones privadas híbridas corporativas en Abu Dhabi. Esta transacción lleva la inversión total de Apollo en Aldar a aproximadamente 1,9 mil millones de USD a través de cuatro transacciones desde 2022.
El acuerdo sigue a la transacción de agosto de 2022 donde los fondos gestionados por Apollo invirtieron 1,4 mil millones de USD en Aldar, incluyendo una inversión de capital de 400 millones de USD en Aldar Investment Properties. Esta última inversión fortalece la presencia de Apollo en Abu Dhabi y los Emiratos Árabes Unidos, después del anuncio de noviembre de 2024 de la extensión de su asociación multimillonaria con Mubadala Investment Company.
Desde 2020, la estrategia High-Grade Capital Solutions de Apollo ha originado casi 100 mil millones de USD en soluciones de capital personalizadas para grandes empresas como Intel, Sony, Air France y AB InBev.
아폴로 (NYSE: APO)는 알다르 프로퍼티스가 발행한 후순위 채권에 5억 달러를 투자했다고 발표했으며, 이는 아부다비에서 가장 큰 기업 하이브리드 사모 배치 중 하나로 기록됩니다. 이번 거래로 아폴로의 알다르에 대한 총 투자액은 2022년 이후 네 건의 거래를 통해 약 19억 달러에 이르게 됩니다.
이번 거래는 아폴로가 2022년 8월에 진행한 거래에 이어 이루어졌으며, 아폴로가 관리하는 펀드가 알다르에 14억 달러를 투자한 바 있으며, 이 중 4억 달러는 알다르 투자 프로퍼티에 대한 자본 투자입니다. 이번 최신 투자는 아부다비와 아랍에미리트에서 아폴로의 입지를 강화하는 데 기여하며, 2024년 11월에 무바달라 투자 회사와의 수십억 달러 규모 파트너십 연장 발표 이후의 일입니다.
2020년 이후로, 아폴로의 하이그레이드 자본 솔루션 전략은 인텔, 소니, 에어 프랑스, AB 인베브와 같은 주요 기업을 위해 거의 1000억 달러에 달하는 맞춤형 자본 솔루션을 창출했습니다.
Apollo (NYSE: APO) a annoncé un investissement de 500 millions USD dans des Obligations Subordonnées émises par Aldar Properties, marquant l'un des plus grands placements privés hybrides d'Abou Dhabi. Cette transaction porte l'investissement total d'Apollo dans Aldar à environ 1,9 milliard USD à travers quatre transactions depuis 2022.
Ce contrat fait suite à la transaction d'août 2022 au cours de laquelle les fonds gérés par Apollo ont investi 1,4 milliard USD dans Aldar, y compris un investissement en actions de 400 millions USD dans Aldar Investment Properties. Cet investissement récent renforce la présence d'Apollo à Abou Dhabi et aux Émirats arabes unis, suite à leur annonce de novembre 2024 concernant l'extension de leur partenariat de plusieurs milliards de dollars avec la Mubadala Investment Company.
Depuis 2020, la stratégie High-Grade Capital Solutions d'Apollo a généré près de 100 milliards USD en solutions de capital sur mesure pour de grandes entreprises telles qu'Intel, Sony, Air France et AB InBev.
Apollo (NYSE: APO) hat eine Investition von 500 Millionen USD in nachrangige Anleihen, die von Aldar Properties ausgegeben wurden, angekündigt, was einen der größten hybriden Unternehmensplatzierungen in Abu Dhabi darstellt. Diese Transaktion erhöht das gesamte Investitionsvolumen von Apollo in Aldar auf etwa 1,9 Milliarden USD durch vier Transaktionen seit 2022.
Der Deal folgt auf die Transaktion von August 2022, bei der Apollo-verwalten Fonds 1,4 Milliarden USD in Aldar investiert haben, darunter eine Eigenkapitalinvestition von 400 Millionen USD in Aldar Investment Properties. Diese jüngste Investition stärkt die Präsenz von Apollo in Abu Dhabi und den VAE, nachdem sie im November 2024 die Verlängerung ihrer Multi-Milliarden-Dollar-Partnerschaft mit der Mubadala Investment Company angekündigt haben.
Seit 2020 hat die High-Grade Capital Solutions-Strategie von Apollo fast 100 Milliarden USD an maßgeschneiderten Kapitallösungen für große Unternehmen wie Intel, Sony, Air France und AB InBev bereitgestellt.
- Secured USD $500 million investment deal with Aldar Properties
- Total investment in Aldar reached USD $1.9 billion since 2022
- Successfully expanded strategic partnership in Abu Dhabi market
- High-Grade Capital Solutions strategy has originated nearly $100 billion in deals
- None.
Insights
This USD $500 million hybrid capital investment in Aldar marks a strategic milestone in Apollo's Middle East expansion. The structured nature of Subordinated Notes provides Aldar with flexible, long-term capital while offering Apollo attractive yields with equity-like features. The cumulative USD $1.9 billion investment across four transactions since 2022 positions Apollo as a dominant capital provider in the region.
The deal's structure is particularly noteworthy as hybrid instruments typically combine debt and equity characteristics, allowing Aldar to strengthen its balance sheet without immediate dilution while providing Apollo with enhanced returns compared to traditional debt investments. This aligns with Apollo's successful High-Grade Capital Solutions strategy, which has deployed an impressive USD $100 billion since 2020 to blue-chip clients globally.
The transaction reinforces Apollo's strategic pivot toward the Middle East, especially following their extended partnership with Mubadala. This regional focus could generate significant fee-related earnings through both management fees and potential performance fees, contributing to Apollo's recurring revenue streams. The deal also demonstrates Apollo's ability to execute large-scale, complex transactions in emerging markets, potentially opening doors for similar opportunities with other regional players.
Transaction Represents One of the Largest Corporate Hybrid Private Placements in Abu Dhabi and Brings Aggregate Investment in Aldar led by Apollo to Approximately USD
NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced an agreement for Apollo-managed affiliates, funds and clients to invest USD
Apollo Partner Jamshid Ehsani said, “We are pleased to broaden our partnership and provide another scaled capital solution to Aldar by investing in a leading real estate franchise that we believe offers an attractive investment opportunity for our clients. Apollo’s fourth investment in Aldar underscores our strong partnership with the company as well as our commitment to serving as a leading capital provider to the broader Abu Dhabi ecosystem.”
The hybrid private placement marks Apollo’s latest commitment to Abu Dhabi and the UAE and follows an August 2022 transaction in which Apollo-managed funds and clients invested a total of USD
Since 2020, under its High-Grade Capital Solutions strategy, Apollo has originated nearly
About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of September 30, 2024, Apollo had approximately
Contacts
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540
Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
(212) 822-0491
FAQ
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