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Athene and Apollo to Acquire Majority Stake in Fast-Growing Consumer Lending Platform Aqua Finance at Valuation of Approximately $1 Billion - Vimarsana News

Athene and Apollo to Acquire Majority Stake in Fast-Growing Consumer Lending Platform Aqua Finance at Valuation of Approximately $1 Billion

Published: November 30, 2021

29.11.2021 - Blackstone to Maintain Minority Investment in Aqua Finance Specialist Platform on Track to Originate $2 Billion of Loans in 2021 NEW YORK, Nov. 29, 2021 (GLOBE NEWSWIRE) - Athene (NYSE: ATH) and Apollo (NYSE: APO) today announced that Athene has ... Seite 1

Source: wallstreet-online.de
Related Topics:
United StatesMenes CheeJim ZelterJim BelardiCc Melvin IkeApollo CoAqua FinanceChief Executive OfficerRich MorrinChief ExecutiveApollo Co President JimSenior Managing DirectorMelvin Ike
Athene, Apollo To Acquire Majority Stake In Aqua Finance At $1B Valuation - Vimarsana News

Athene, Apollo To Acquire Majority Stake In Aqua Finance At $1B Valuation

Published: November 30, 2021

Blackstone would also maintain a minority stake in the Company. The Company has strong and growing merchant relationships formed over 30 years and has nearly doubled its annual loan originations since Blackstone first invested in 2018, with originations expected to reach $2 billion in 2021.. Menes Chee, a Senior Managing Director at Blackstone, and C. C....

Source: insurancenewsnet.com
Related Topics:
United StatesMenes CheeJim ZelterJim BelardiCc Melvin IkeSidley AustinApollo CoGoldman SachsWeil Gotshal MangesAqua FinanceBlackstone Tactical OpportunitiesChief Executive OfficerRich MorrinChief ExecutiveApollo Co President JimSenior Managing DirectorMelvin IkeWeil Gotshal