Laura Benitez

Debt traders are upping their bids for pieces of the proposed emergency funding Thames Water is trying to secure from creditors, in a sign of how attractive the terms are to investors.

(Bloomberg) -- Ares Management Corp. grew its assets under management to $464 billion in the third quarter, up 17% from a year prior, driven by interest in its US direct lending funds and recent private equity acquisitions.

Apollo Global Management Inc. 's push to target wealthy individuals helped boost the firm's assets under management to $733 billion, a 16% increase over the same period a year earlier.

(Bloomberg) -- West Coast bond houses have long honored an unofficial pact that they would avoid aggressively poaching staff from one another. But when it comes to pursuing clients, all bets are off.

West Coast bond houses have long honored an unofficial pact that they would avoid aggressively poaching staff from one another. But when it comes to pursuing clients, all bets are off.

It took more than eight years as a public company for Apollo Global Management Inc. to add $5.5 billion to its market value. On Tuesday, it accomplished that feat in a single trading session.

Buyout firms have sparked controversy by borrowing money against their portfolios. Banks are now backing the funds who make those loans.

November 14, 2024 Private equity's recent splurge of piling ever more debt onto already highly leveraged bets has sparked fears about financial-system risks.

Apollo Global Management Inc. Chief Executive Officer Marc Rowan’s potential next act as US Treasury secretary would thrust the firm he co-founded into an entirely new era of leadership. It may also help unlock trillions of dollars for its hottest business line.

(Bloomberg) -- Apollo Global Management Inc. Chief Executive Officer Marc Rowan’s potential next act as US Treasury secretary would thrust the firm he co-founded into an entirely new era of leadership. It may also help unlock trillions of dollars for its hottest business line.Most Read from BloombergParis to Replace Parking Spaces With TreesTrump Promises Could Have Seismic Impact on Washington EconomyNew York’s Transit Agency Approves $9 Congestion TollTokyo’s Scorching Summers Focus Public Ang