We use cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy. Learn more here.Close Me
Apollo Global Management and OppenheimerFunds formed a
strategic partnership that will see Apollo Credit Management
serve as a sub-sub-adviser to the $6.1-billion Oppenheimer Global
Strategic Income Fund. In return, Apollo will be able to invest in
insurance-linked securities. The arrangement is designed to give
Oppenheimer investors increased access to Apollo's credit
expertise, while also expanding Apollo's presence in the retail
investor market. The arrangement is the latest in a series of
partnerships involving private equity firms seeking to expand their
client base. Last year, Columbia Management teamed up with
Blackstone Group to increase retail investors' access to hedge
funds, while this year Apollo announced a deal with Ivy Investment
Management to offer two new mutual funds.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
Beginning on October 1, 2017, all investment advisers filing Form ADV must use an amended version of Part 1A of the Form that contains several new and revised items.
In the bygone days of pure non-recourse financing, if a borrower was unable or failed to perform its obligations under the mortgage loan documents, lenders would look solely to the underlying collateral for the recovery...
FinCEN made technical changes to a final rule relating to customer due diligence standards for banks, brokers or dealers in securities, mutual funds, futures commission merchants...
Overseas Shipping Group ("Overseas") recently sued its former attorneys, a prominent New York-based law firm, for legal malpractice in drafting credit agreements that resulted in the company incurring an estimated $463 million in tax liability.
On September 21, the Department of Justice cleared the way for a group of the twenty-four largest U.S. banks to create a real-time payment system that will permit immediate transfer of funds...
Almost all real estate loans that involve periodic draws (like construction loans), or periodic draws and repayments (like revolving credit facilities)...
On September 20, the Consumer Financial Protection Bureau issued proposed policy guidance that would modify a mortgage disclosure law in an effort to protect applicants' and borrowers' privacy.
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).
Mine Financing In 2017 - Video
