Apollo Global Management

Apollo Said to Be Weighing Participating in Twitter Bid

The private equity firm Apollo Global Management is considering participating in a bid for Twitter by offering debt financing to potential buyers, including the Tesla chief executive Elon Musk, according to a person with knowledge of the situation. No decisions have yet been made, said the person, who requested anonymity because the talks were confidential. […]

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Private Equity Is the New Financial Supermarket

Three decades ago, Jonathan Gray might have been an unlikely candidate to become Blackstone’s president and expected successor to its chief executive, Stephen A. Schwarzman. Very little of Mr. Gray’s career at the private equity firm has involved leveraged buyouts — the aggressive deals, often involving large amounts of borrowed money and steep cost-cutting, that […]

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