# Apollo Global Management investment activities

> Live situation record from CLSTR: https://clstr.news/situations/apollo-global-management-investment-activities
> Updated: 2026-10-26T12:23:39.000Z. Sources: 6. Developments: 2.

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.

## Timeline

### 2026-10-26: 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.

4 sources. https://clstr.news/cluster/apollo-global-management-confirms-minority-stake-in-mubadala-capital

### 2026-10-22: 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.

2 sources. https://clstr.news/cluster/apollo-global-management-acquires-stake-in-new-york-yankees

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Cite as: Apollo Global Management investment activities. CLSTR, https://clstr.news/situations/apollo-global-management-investment-activities
