Jacobin on MSN23h
Wall Street Loots Federal Loans Meant for Affordable Housing
When a private equity giant bought California-based grocery chain Cardenas Markets in 2022, grocery workers like Maria Vargas ...
Tariffs Will Only Bring Mild Stagflation. Unless Consumers Panic.
Trump acknowledged in his address to Congress on Tuesday night that there “may be a little bit of an adjustment period” as ...
Apollo’s Athene Turns to Note Sales as Pension-Risk Deals Dry Up
A series of lawsuits largely evaporated Athene’s pension-risk transfer business last year. But a boom in funding-agreement ...
US stocks face tricky moment as Trump's latest tariffs land
The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...
Blackstone Buys Stake in Infrastructure Firm ITE Management
Blackstone Inc.’s credit and insurance arm is purchasing a minority stake in ITE Management — a firm focused on investing in ...
Apollo’s private credit ETF claims to have squared the circle
Even the most advanced financial engineering may not be able to solve the almost immutable laws of financial markets ...
State Street launches Apollo private credit ETF
State Street Global Advisors' much-anticipated private credit exchange-traded fund, developed with alternative investment ...
SEC Asks State Street to Cut Apollo From New ETF’s Name
The Securities and Exchange Commission has raised liquidity and naming issues with State Street Corp. over its new private ...
Meta in Talks to Raise $35 Billion for Data-Center Financing Led by Apollo
Apollo Global Management Inc. is in talks to lead a roughly $35 billion financing package for Meta Platforms Inc. to help ...
Apollo and Motive Partners Create a Private-Markets Client Services Provider
The venture’s offerings are designed to make it easier for fund managers to interact with the growing ranks of wealthy ...
Apollo Touts Europe Property Debt to Rich Investors
Apollo Global Management Inc. has launched its first real estate credit fund for rich European investors as the alternative ...
Corigin secures $180M from Apollo for NYU’s largest dormitory
Corigin Real Estate Group secured a $180 million loan from Apollo to refinance 80 Lafayette Street in Tribeca, Bloomberg ...