Apollo Global Management Inc. invests USD 475 million in Liquidity Group
Categories: Hi-Tech
Apollo Global Management Inc., one of the world’s leading high-growth alternative assets managers, has invested in Liquidity Group.
The transaction, led by Apollo, includes debt and equity financing in an aggregate amount of up to USD 475 million, with the participation of existing Liquidity investors, MUFG corporation and Spark Capital and certain other investors, to help Liquidity Group scale its lending activity for late-stage technology companies.
Paul, Weiss, Rifkind, Wharton & Garrison LLP, together with Shibolet Partners Yoram Raved and Maya Koubi Bara-nes, Associates Mor Weiss and Neri Azari represented Apollo in the deal.
