#apollo-global

Apollo to buy nearly 10% stake in Abu Dhabi-backed alternative asset manager Mubadala Capital

Apollo is set to buy a nearly 10% stake in Abu Dhabi-backed alternative asset manager Mubadala Capital. The deal marks a significant expansion of Apollo's presence in Abu Dhabi and demonstrates the company's commitment to the region. The acquisition is expected to have a positive impact on Apollo's business and the broader financial market.