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Apollo Global bets on Italian corporates

Feb. 22, 2018 11:56 AM ETApollo Global Management, Inc. (APO) StockBy: Omer I., SA News Editor4 Comments
  • Apollo Global (NYSE:APO +0.9%), announces a partnership with Apeiron SpA for investing in Italy's corporate lending market.
  • It's targeting corporate credit as a play on the ongoing reform and restructuring in the Italian economy.
  • Capital will be deployed via debt and equity investments in the €5M to €50M range.
  • This comes on the heels of Ray Dalio's "big Italian short."
  • Source: Press Release

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