Sixteen years ago, Accel embarked on a journey to partner with visionary founders across India—continuing the firm’s decades-long history of partnering with founders on a global scale. Today, we are announcing our eighth early-stage fund, a $650 million commitment to empower the next generation of category-defining startups; companies that will set new benchmarks in innovation and aim to transform industries. This fund underscores our belief in the secular India growth story and the transformative power of bold ideas, innovative technology, and founders who truly understand their markets.

The startup ecosystem in India has reached a critical inflection point. India’s GDP is expected to be approximately $8tn over the next decade, fueled by rising incomes, digital adoption, and sustained investments in public infrastructure. This growth opens new doors for entrepreneurs to build solutions with global relevance while addressing local challenges—and we can’t wait to meet them.

With Fund VIII, we aim to back founders operating in:

• Artificial Intelligence: Enterprise AI (Platforms that enable enterprise AI use cases using agentic technologies, LLMs and SLMs), Services as Software (AI startups taking advantage of India’s large IT services capabilities to provide better automation offerings), Vertical AI (Startups taking advantage of India’s large AI talent pool to integrate AI in vertical specific use cases).
• Consumer: Bharat (Startups catering to the top 30% of households in India’s tier 2+ regions), India Native (Startups catering to the increasing demand by Indian consumers for higher service levels), and Aspirational Brands (Startups aiming to capitalize on the increasing discretionary spending of India’s consumption-first Gen Z demographic).
• Fintech: Wealth Management (Startups catering to affluent consumers seeking personalized wealth advisory services through digital channels), Fintech Infrastructure (Startups bringing banks and fintechs together to enable best-in-class digital experiences for consumers and businesses), and Digital Distribution (Startups acceleratingthe distribution of financial products by leveraging India’s digital public infrastructure)
• Manufacturing: India To Global (Startups catering to global demand for diversified supply chains), India Native (Startups focused on high-quality production and IP-driven, value-added manufacturing), and Industry 5.0 (Next-gen digital technologies transforming every factory floor leading to more efficient operations, higher-quality output, and sustainability)

India’s benchmark equity index Nifty 50 has tripled over the past decade, and public markets are embracing technology-led businesses. Companies like BlackBuck and Swiggy, where Accel was an early backer, are recent examples of creative and relentless founders and what’s possible when innovation meets execution.

While venture-backed companies currently represent less than 5% of India’s market capitalization, the opportunity ahead has never been bigger. With strong public and private markets, founders today have a once-in-a-generation chance to build transformative businesses that shape the economic landscape.

What excites us about the future is how we can closely collaborate with founders to realize their vision. Over the past 16 years, we’ve supported companies that have reimagined industries—from e-commerce and SaaS to manufacturing and logistics. With our early partnerships in companies like Acko, BlackBuck, BrowserStack, Flipkart, Freshworks, Swiggy, UrbanCompany, and Zetwerk, we’ve had the privilege of watching them grow into category leaders.

Beyond investment, some of our key initiatives, which reflect our commitment to making the founder’s journey as frictionless as possible while fueling the growth of the broader ecosystem, are:

• SeedToScale: An open-source platform delivering company-building insights from successful founders, operators, and industry leaders.
• Accel Atoms: Our early-stage scaling program, now in its fourth iteration, has supported 36 startups that have collectively raised over $200 million.

As we embark on this next chapter with Fund VIII, we are grateful for the trust of our founders, LPs, and the broader ecosystem. The opportunities ahead are as vast as the ambition of the founders we back.
‍

— The Partners at Accel

• Strong demand from a globally diversified investor base, with high re-up rate and new LP commitments, making Evolution II 65% larger than its predecessor
• Investors attracted to Nordic Capital’s subsector-specialism and mid-market investment strategy in Northern Europe
• Continued focus on successful partnerships with growth companies, to accelerate long-term growth and expansion

Nordic Capital today announced the successful First and Final close of Nordic Capital Evolution II (“Evolution II” or “the Fund”) at the hard cap of EUR 2 billion. Raised within four months from launch with excess demand, the Fund closed at its hard cap and significantly exceeded its target of EUR 1.4 billion. Evolution II attracted excess demand from its launch and benefited from strong support from its current investor base, with a high re-up rate of over 100% by capital, and significant LP commitments from new investors and geographies, including a significant increase from the Americas. Evolution II is 65% bigger than its predecessor fund, Evolution I, which raised EUR 1.2 billion in three months in 2021. Evolution II is the fourth Nordic Capital fund since 2020 to have benefited
from a rapid fundraise. The demand for the Fund and the pace of its fundraise underline investors’ confidence in Nordic Capital’s long-standing investment model and portfolio performance.

Nordic Capital’s Evolution strategy expands the firm’s winning subsector model and powerful platform to a broader spectrum of mid-market companies. Evolution II will target investments predominantly in Northern European companies with an EV of EUR 100 million to EUR 400-500 million. Similar to its predecessor, the Fund will focus on control buyouts and non-cyclical growth opportunities in Nordic Capital’s focus sectors, Healthcare, Technology & Payments, Financial Services and Services & Industrial Tech. While it will target lower mid-market opportunities, Nordic Capital’s flagship funds will continue their focus on upper mid-market companies.

As a long-established subsector specialist, Nordic Capital is committed to finding and developing non- cyclical companies in fast-growing segments within its well-recognised subsectors. It works in close partnership with founders and management teams to develop companies with the potential to lead their markets and shape industries. As an Article 8 fund, Evolution II will continue to drive sustainability agendas and seek to promote long-term, environmental, social and good corporate governance practices within the companies it backs.

Nordic Capital has a strong 35-year history of investing in and successfully growing and developing mid-market companies. This, combined with its repeat sub-sectors strategy, supports a strong investment pipeline and dealmaking for the Evolution Funds. Evolution I, which was raised in 2021, has completed ten investments to date, of which 70% have been made in collaboration with the companies’ founders and 80% completed outside broad auction, demonstrating the Evolution strategy’s strong focus on partnership.

Joakim Lundvall, Partner and Co-Head of the Evolution advisory team said:

“We are delighted to witness such strong demand for Evolution II from both existing and new investors. Their unwavering support is a testament to their confidence in Nordic Capital’s mid-market strategy. Our strong Evolution team, with its clear focus on business growth driven by local market expertise and deep sector knowledge, has cultivated a robust pipeline and secured partnership investments with growth companies within attractive niches. Over the last three years, a number of founders of companies have formed partnerships with Nordic Capital because they have experienced first-hand how we can help make great companies even better and support their expansion into new markets.”

Jonas Agnblad, Partner and Co-Head of the Evolution advisory team said:

“With the Evolution funds, Nordic Capital’s long-standing sector strategy is now applied to a wider range of mid-sized companies, offering a partnership model that can help scale and professionalise companies. The partnership model includes both our own expertise, our broad network of experts and a platform that can support growth and international expansion. By contributing experience in product innovation, international expansion and long-term sustainable value creation, Nordic Capital looks forward to helping more mid-market companies develop and reach their full potential.”

Pär Norberg, Partner and Head of Investor Relations, Nordic Capital Advisors, commented:

“We are very pleased with the outcome of Evolution II. This is a great achievement for the team, and we would like to express our sincere gratitude to Nordic Capital’s global investor base. This type of result is only possible with the backing of long-standing existing investors as evidenced by the strong reup rate, combined with the confidence gained in Nordic Capital by new investors. We are humbled that investors have prioritised and partnered with Nordic Capital, and we are enthusiastic about working together during Evolution II and beyond.”

The Evolution Funds are advised by a dedicated team of 20+ professionals, with a range of tenure and industry experience. The team also draws on Nordic Capital Advisor’s wider organisational capabilities, including its operational and sector focused expertise and well-established regional network.

Evolution II attracted investors from across the globe, including 41% from Europe, 35% from the Americas, 21% from Asia and 3% from the Middle East. The investor base comprises a well-diversified mix of institutional investors: public and private pension funds (c.41%); asset managers and advisers (c.26%); sovereign wealth funds (c.14%); family offices and foundations (c.13%); and financial institutions (c. 6%).

Evolution II will continue Nordic Capital’s strong sustainability commitment. This year Nordic Capital received a top ESG rating from the UNPRI for the second consecutive year, and further advanced its climate agenda with the announcement that its greenhouse gas emissions reduction targets have been approved by the Science Based Target initiative. Nordic Capital has a clear commitment to making a positive contribution to society by backing businesses that are solving some of the world’s global challenges or supporting the development of companies with strong sustainable foundations.

The fundraising was led by Nordic Capital, supported by Rede Partners who acted as placement agent, with Kirkland & Ellis as lead legal counsel.

Press contact

Katarina Janerud
Communications Manager Nordic Capital Advisors
Tel: +46 8 440 50 50
e-mail: katarina.janerud@nordiccapital.com

About Nordic Capital

Nordic Capital is a leading sector-specialist private equity investor with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a long history. Focus sectors are Healthcare, Technology & Payments, Financial Services, and Service & Industrial Tech. Key regions are Europe and globally for Healthcare and Technology & Payments investments. Since inception in 1989, Nordic Capital has invested c. EUR 26 billion in close to 150 investments. The most recent entities are Nordic Capital XI with EUR 9.0 billion in committed capital and Nordic Capital Evolution II with EUR 2 billion in committed capital, principally provided by international institutional investors such as pension funds. Nordic Capital Advisors have local offices in Sweden, the UK, the US, Germany, Denmark, Finland, Norway, and South Korea. www.nordiccapital.com.

“Nordic Capital” refers to, depending on the context, any, or all, Nordic Capital branded entities, vehicles, structures, and associated entities. The general partners and/or delegated portfolio managers of Nordic Capital’s entities and vehicles are advised by several non-discretionary sub-advisory entities, any or all of which are referred to as “Nordic Capital Advisors”.

New York, NY – December 16^th, 2024 – Warburg Pincus, the pioneer of private equity global growth investing, today announced the first close of its first multi-asset continuation fund transaction, with over $2.2 billion in commitments. The transaction was co-led and fully capitalized by HarbourVest Partners, Ardian and Canada Pension Plan Investment Board (CPP Investments).  The lead investors underwrote the entirety of the raise with no required syndication. The fund includes Warburg Pincus portfolio companies that are diversified across geographies and industry sectors.

This strategic transaction offered the Limited Partners optionality, either locking in strong returns and eliminating future market and business risk through this sale, or rolling into the Continuation Fund to maintain asset exposure and potential future upside.  Additionally, the transaction provides the portfolio companies with incremental time and capital to pursue additional valuation creation initiatives under the continued stewardship of Warburg Pincus and with ongoing relationship consistency for management teams.

“Our focus is on driving value and realizing attractive returns for our investors through active portfolio and risk management, including developing creative and flexible paths to liquidity. It is this mindset and approach that has allowed us to be a net provider of capital back to our investors in nine of the last ten years, a fact we are incredibly proud of,” said Jeffrey Perlman, CEO, Warburg Pincus. “We are also proud of the success each of these companies have achieved to-date and strongly believe that this transaction will provide the portfolio with greater resources, time and flexibility to execute on its next phase of growth.”

“This transaction provides our investors with an option to take accelerated liquidity at a market-driven price, while allowing the portfolio companies the opportunity to continue to pursue their long-term growth plans, a win-win for all involved,” added Eddie Huang, Managing Director, Global Head of Fundraising and Investor Relations, Warburg Pincus. “We look forward to partnering with HarbourVest Partners, Ardian and CPP Investments on this new fund and working with our portfolio companies on their next phase of growth.”

Kirkland & Ellis served as legal counsel and Evercore served as financial advisor to Warburg Pincus.

About Warburg Pincus

Warburg Pincus LLC is the pioneer of private equity global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than $86 billion in assets under management, and more than 230 companies in their active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,000 companies across its private equity, real estate, and capital solutions strategies.

The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For more information, please visit www.warburgpincus.com or follow us on LinkedIn.

Contact

Kerrie Cohen | Managing Director, Global Head of Communications & Marketing

kerrie.cohen@warburgpincus.com

NEW YORK, NY – Global investment firm Carlyle (NASDAQ: CG) announced today the final close of its third Carlyle Credit Opportunities Fund (“CCOF III”), with $7.1billion[1] in investable capital, Carlyle’s largest credit fundraise to date. This includes $5.7 billion in commitments from a variety of large, sophisticated global institutions, including new and existing CCOF investors, and available leverage. CCOF III is nearly 30% larger than its predecessor fund and brings total investable capital across the opportunistic credit strategy to approximately $17 billion1.

To date, CCOF III has invested or committed more than $2.4 billion – or 33% of investible capital – in 25 investments across North America, Europe, and Asia Pacific. The team provides borrowers highly structured and privately negotiated solutions across the capital structure to family, founder, and management-owned companies, sponsor-backed companies, and special situations.

“We appreciate the ongoing support of our investors, many of whom were repeat investors from our previous funds. With the global economy in a period of prolonged transformation, our Credit Opportunities strategy is well-positioned to expand our reach and provide timely, strategic capital to companies navigating complex situations,” said Alex Popov, Head of Private Credit at Carlyle. “We have become a trusted partner to many successful family and entrepreneur owned businesses and have been a contributing factor in their on-going success. Our long-standing sourcing relationships and rigorous approach to due diligence and credit selection help enable us to selectively structure bespoke solutions that can generate attractive risk-adjusted returns in strong businesses that are otherwise not for sale.”

“This fundraise is a milestone for our Global Credit platform and a testament to the caliber of our Opportunistic Credit team,” said Mark Jenkins, Head of Global Credit at Carlyle. “Private credit continues to play a vital role in the global capital markets, and we see tremendous opportunity to put capital to work in this asset class. We appreciate the confidence and support of our limited partners and remain focused on delivering consistent and persistent yields on their behalf.”

Since 2017, Carlyle’s Credit Opportunities strategy has deployed nearly $22 billion, leveraging Carlyle’s areas of expertise and market connectivity to develop thematic views and proactively pursue investments in targeted industry verticals including sports, media and entertainment; residential real estate and services; software and technology; and financial and business services.

This successful fundraise will further support the growth of Carlyle’s Global Credit platform, which has been Carlyle’s fastest-growing business segment over the past five years. With $194 billion in assets under management as of September 30, 2024, Carlyle’s Global Credit platform manages assets across the risk return spectrum: from liquid, to private credit, to real asset strategies, and asset-backed finance.

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $447 billion of assets under management as of September 30, 2024, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 2,300 people in 29 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

Media Contact

Kristen Ashton

(212) 813-4763

Kristen.ashton@carlyle.com

[1]Represents equity raised plus fund leverage of opportunistic credit fee-paying commingled funds and SMAs.

Creates one of the largest global special situations investment pools with $9 billion of investable capital

Continues growth of global strategy that delivers flexible capital solutions to meet the needs of companies, entrepreneurs, and asset owners

BOSTON – November 18, 2024 – Bain Capital today announced it completed fundraising for its latest Global Special Situations Fund, bringing the total amount raised for its second vintage of funds to $9 billion. This capital base includes Global Special Situations Fund II, which received $5.7 billion in total commitments, inclusive of co-investments and separately managed accounts, and $3.3 billion from the firm’s previously closed Special Situations Asia and Europe regional funds. The successful fundraise positions Bain Capital as one of the largest special situations investors in the world.

Bain Capital’s Special Situations strategy combines bespoke capital solutions with strategic partnership to meet the diverse needs of companies, entrepreneurs, and asset owners across all market cycles. The team brings together credit and equity expertise, as well as corporate and real asset capabilities, to provide solutions that cannot be met by traditional providers. With more than $20 billion total assets under management, the strategy brings a differentiated ability to provide both capital as well as operating value-add.

On a global scale, Special Situations pursues both structural and cyclical opportunities across three primary investment strategies:

• Capital Solutions: Investing and partnering with companies around the world to fund growth and M&A, provide liquidity, or optimize a company’s capital structure.
• Hard Assets: Supporting asset owners and operators across the capital stack to structure tailored investments and build platforms that address market inefficiencies.
• Opportunistic Distressed: Investing in complex and often misunderstood assets in dislocated market environments.

“Structural shifts are creating significant opportunities for creative capital providers who can fill the gaps between traditional strategies and provide enhanced value for companies, entrepreneurs, and asset owners,” said Barnaby Lyons, Partner and Global Head of Special Situations. “These catalysts demand innovative and adaptable investment solutions, backed by a global team with deep industry insights and robust strategic support. We’ve built one of the largest and most global special situations teams with over 140 investment professionals across four continents, and we see a substantial opportunity to further expand our global strategy and capabilities.”

While leveraging Bain Capital’s 40-year legacy of differentiated value creation, the Special Situations team brings significant operational capabilities to each transaction. Its portfolio group of more than 40 professionals offer dedicated operating and functional expertise from their experience in corporate leadership roles.

Recent investments from the firm’s Special Situations strategy include AQ Compute, a European provider of green, flexible, and modular data center and colocation services powered by renewable energy; Tyger Capital, a lender seeking to empower entrepreneurs, borrowers, and homeowners in India; MRO Holdings Inc., a leading provider of aircraft maintenance solutions for the global commercial airline industry; and Sikich, a leading professional services firm specializing in accounting, tax, and IT services in North America.

###

About Bain Capital

Bain Capital, LP is one of the world’s leading private investment firms that creates lasting impact for our investors, teams, businesses, and the communities in which we live. Since our founding in 1984, we’ve applied our insight and experience to organically expand into numerous asset classes including private equity, credit, public equity, venture capital, real estate, life sciences, insurance, and other strategic areas of focus. The firm has offices on four continents, more than 1,850 employees, and approximately $185 billion in assets under management. To learn more, visit www.baincapital.com.

Media Contacts:

Scott Lessne / Charlyn Lusk

Stanton

(646) 502-3569 / (646) 502-3549

slessne@stantonprm.com / clusk@stantonprm.com

THIS IS INFORMATION THAT EQT AB (PUBL) IS OBLIGED TO MAKE PUBLIC PURSUANT TO THE EU MARKET ABUSE REGULATION. THE INFORMATION WAS SUBMITTED FOR PUBLICATION, THROUGH THE AGENCY OF THE CONTACT PERSON SET OUT BELOW AT 6:00 PM CET ON 17 NOVEMBER 2024.

About

About EQT
EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of almost three decades of developing companies across multiple geographies, sectors and strategies. EQT has investment strategies covering all phases of a business’ development, from start-up to maturity. EQT has EUR ‌​​246 billion in total assets under management (EUR ‌​​‌134 billion in fee-generating assets under management), within two business segments – Private Capital and Real Assets.

With its roots in the Wallenberg family’s entrepreneurial mindset and philosophy of long-term ownership, EQT is guided by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest across the world with the mission to future-proof companies, generate attractive returns and make a positive impact with everything EQT does.

The EQT AB Group comprises EQT AB (publ) and its direct and indirect subsidiaries, which include general partners and fund managers of EQT funds as well as entities advising EQT funds. EQT has offices in more than 25 countries across Europe, Asia and the Americas and has more than 1,900 employees.

More info: www.eqtgroup.com
Follow EQT on LinkedIn, X, YouTube and Instagram

Extension Further Strengthens Apollo’s Capital Solutions Business and Origination Capabilities Across Asset Classes, While Enabling Mubadala to Access a Range of Compelling Investment Opportunities

NEW YORK and ABU DHABI, United Arab Emirates, Nov. 11, 2024 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) and Mubadala Investment Company (“Mubadala”) today announced an extension of their multi-billion-dollar partnership focused on global origination opportunities. The multiple year extension of this partnership, which was first established in 2022, further strengthens Apollo’s Capital Solutions business and ability to originate investment opportunities of scale across asset classes to help meet the growing demand for bespoke private debt and equity financing solutions globally.

Co-President of Apollo Asset Management Jim Zelter said, “We are pleased to extend our partnership with Mubadala, which builds on our strong relationship and several strategic initiatives that we have collaborated on over the past several years. Further enhancing our ability to originate investment opportunities that offer strong risk-adjusted returns is our top priority amid unprecedented demand for large-scale, customized capital solutions, and we believe the platform that the firm has created is particularly well positioned as a financing provider of choice to leading companies.”

Omar Eraiqat, Deputy CEO of the Diversified Investments platform at Mubadala, added, “We share an aligned investment philosophy with Apollo and are pleased to extend our longstanding and strategic partnership with them, which provides us access to Apollo’s differentiated origination ecosystem. We continue to observe a secular shift in corporate financing toward private market execution and believe that this platform will continue to provide a scaled supply of attractive investment opportunities.”

At the firm’s Investor Day in October, Apollo announced a new target of reaching $275 billion of annual origination volumes in the next five years. The firm believes it is uniquely positioned to address the financing needs of large, high quality corporate borrowers while serving as a key capital provider supporting areas including the clean energy transition, power & utilities and digital infrastructure.

Eric Needleman, Partner and Head of Apollo Capital Solutions, said, “Mubadala is among the most sophisticated alternative investors globally, and their continued support of our origination and Capital Solutions business positions us to capitalize on a growing global opportunity set as corporate borrowers increasingly recognize the value of private financing solutions.”

“Mubadala and Apollo have a long-standing and mutually beneficial strategic relationship. Within the credit sector, our partnership commenced more than nine years ago in direct lending,” said Fabrizio Bocciardi, Head of Credit Investments at Mubadala. “This partnership has expanded over time across other private debt asset classes driven by Apollo’s innovative capital solutions and our partnership-oriented approach.”

The partnership extension builds on several recent strategic collaborations between Apollo and Mubadala. The firms formed a $2.5 billion joint venture to co-invest in global private credit opportunities, and Mubadala supported Apollo’s launch of a new middle market lending vehicle, Middle Market Apollo Institutional Private Lending, earlier this year. Apollo also invested in Mubadala’s evergreen solutions strategy as part of the launch of its Mubadala Capital Solutions unit in 2023, and Mubadala anchored the formation of Apollo Strategic Origination Partners in 2020.

Apollo Forward-Looking Statements

This press release contains forward-looking statements that are within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. When used in this press release, the words “believe,” “anticipate,” “estimate,” “expect,” “intend,” “target”, “seek,” “aim,” “continue,” “will,” “should,” “could,” or “may,” and variations of such words and similar expressions are intended to identify forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. These statements are subject to certain risks, uncertainties and assumptions, including those described under the section entitled “Risk Factors” in Apollo Global Management, Inc.’s annual report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 27, 2024, and the quarterly report on Form 10-Q filed with the SEC on August 8, 2024, as such factors may be updated from time to time in its periodic filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in Apollo’s other filings with the SEC. Apollo undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law. This press release does not constitute an offer of any Apollo fund.

About Apollo

Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of September 30, 2024, Apollo had approximately $733 billion of assets under management. To learn more, please visit www.apollo.com.

About Mubadala Investment Company

Mubadala Investment Company is a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for the Government of Abu Dhabi.

Mubadala’s $302 billion (AED 1,111 billion) portfolio spans six continents with interests in multiple sectors and asset classes. We leverage our deep sectoral expertise and long-standing partnerships to drive sustainable growth and profit, while supporting the continued diversification and global integration of the economy of the United Arab Emirates.

For more information about Mubadala Investment Company, please visit: www.mubadala.com

Contacts:

For Apollo:
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
(212) 822-0491
Communications@apollo.com

For Mubadala Investment Company:
Salam Kitmitto
Head of Communications – Diversified Investments
Mubadala Investment Company
+971 50 276 9286
sakitmitto@mubadala.ae