Apollo to Buy Nearly 10% Stake in Mubadala Capital, CNBC Reports

Apollo Global Management Inc. is nearing a deal to purchase nearly a 10% stake in Mubadala Capital, the alternative asset management division of Abu Dhabi's sovereign wealth fund, according to CNBC. The Abu Dhabi fund manages approximately $385 billion in assets. Terms of the transaction were not disclosed.

• Bloomberg — Apollo to Buy Nearly 10% Stake in Mubadala Capital, CNBC Reports

Next story