Apollo Global Management – BSIC | Bocconi Students Investment Club

Feeling lucky? Gambling company Lottomatica to go public at the end of the month

Download PDF Introduction On April 13th Lottomatica announced plans to go public via an IPO seeking a valuation of up to €2.67bn. The gambling company, owned by the alternative asset manager Apollo Global Management [NYSE: APO], intends to list its shares on the Borsa Italiana by the end of April Read more…

By BSIC, 2 years23 April 2023 ago

Corporate Finance

Financial Sponsors Entering Insurance – Motivations and Risks

Download PDF Introduction Over the past decade, private equity firms, previously known for their aggressive takeovers of large corporations, entered the relatively somber world of insurance. Apollo Global Management [NYSE: APO], under the initiative of co-founder Marc Rowan, entered the world of insurance through building Athene. The idea was that Read more…

By BSIC, 2 years2 April 2023 ago