Canadian Private Lender Mimics Apollo Playbook With New Vehicle
SAF Group is charging into a corner of private credit long dominated by Apollo Global Management Inc. and Brookfield Corp., launching an insurance-backed investment vehicle to fuel lending to borrowers...
By Paula Sambo · Bloomberg Markets
SAF Group is charging into a corner of private credit long dominated by Apollo Global Management Inc. and Brookfield Corp., launching an insurance-backed investment vehicle to fuel lending to borrowers starved of flexible financing. If followed by others, the move could help redraw the contours of the Canadian private credit market.