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

Apollo Global Management Inc. is nearing a deal to buy nearly a 10% stake in Mubadala Capital, the alternative asset management arm of the $385 billion Abu Dhabi sovereign wealth...

By Alex Dooler · Bloomberg Markets

Apollo Global Management Inc. is nearing a deal to buy nearly a 10% stake in Mubadala Capital, the alternative asset management arm of the $385 billion Abu Dhabi sovereign wealth fund, CNBC reported.