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2 clusters · 6 sources · 5 days · First seen · Last updated

Apollo Global Management investment activities

Overview

Apollo Global Management has engaged in two significant investment transactions. In October 2026, the firm secured a stake in the New York Yankees through a $2.6 billion financing deal. This arrangement provides an immediate 8 percent stake, with an additional 8 percent in preferred stock convertible to equity after four years. Yankees owner Hal Steinbrenner stated the capital infusion is for long-term financial stability rather than a full sale, noting that Apollo will act as a limited partner without day-to-day operational control.

During the same period, Apollo confirmed it will take a minority equity stake in Mubadala Capital, the Abu Dhabi-backed alternative asset manager. While the exact size and price of the holding have not been disclosed, Apollo is among several minority investors expected to commit an aggregate $5 billion to Mubadala Capital’s strategies. This transaction, expected to close in the fourth quarter of 2026, builds upon existing partnerships between the two firms, including a 2023 joint venture focused on global private credit co-investments.

Entities

Apollo Global Management · Al Tylis · Abu Dhabi · Mubadala Investment Company · Silver Rock Financial

Timeline

  1. [BUSINESS] 4 sources
    Apollo Global Management confirms minority stake in Mubadala Capital

    Apollo Global Management is taking a minority stake in Abu Dhabi-backed Mubadala Capital, deepening a strategic partnership that includes a planned $5 billion aggregate commitment from new minority investors.

  2. [BUSINESS] 2 sources
    Apollo Global Management acquires stake in New York Yankees

    Apollo Global Management has invested $2.6 billion in the New York Yankees, securing a stake intended to provide long-term financial stability without a full sale of the franchise.

Sources

econoTimes.com · financial-news.co.uk · it-boltwise.de · nypost.com · powergame.gr · semafor.com