Apollo Global Management Inc. APO said Wednesday it received a commitment from Abu Dhabi Investment Authority for warehouse financing deals by its new asset-backed finance franchise and Atlas SP Partners, its securitized credit origination business. Atlas SP is expected to be able to support about $15 billion of new warehouse financing commitments, including the backing from ADIA, with a focus on private investment grade and sub-investment-grade opportunities.
APO said Wednesday it received a commitment from Abu Dhabi Investment Authority for warehouse financing deals by its new asset-backed finance franchise and Atlas SP Partners, its securitized credit origination business. Atlas SP is expected to be able to support about $15 billion of new warehouse financing commitments, including the backing from ADIA, with a focus on private investment grade and sub-investment-grade opportunities.
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