Apollo Global Management (NYSE: APO) has appointed Meyer "Micky" Malka to its board of directors, effective January 2027. Malka is the founder and managing partner of Ribbit Capital, a venture firm focused on fintech and technology-driven financial services. He has experience in online brokerage, payments, and banks serving underbanked customers. Apollo runs investing platforms across credit, private equity, infrastructure, secondaries, and real estate. The appointment points to closer ties between technology-led distribution and Apollo's lending and retirement services, as the company builds credit platforms and arranges financings in areas such as AI infrastructure.

Abu Dhabi Investment Council supports European credit platform with financing capacity exceeding $11 billion The Abu Dhabi Investment Council (ADIC) is entering a new investment partnership with Apollo Global Management (Apollo), by supporting the launch of a new European lending and private credit platform with a financing capacity exceeding €10 billion, equivalent to about $11.2 billion, in a step that enhances the presence of Emirati capital in European financing markets. Mubadala data indicates that the council's strategy includes private credit, real estate, equities, and global investments (Al-Nahar archive) Apollo announced in a statement issued on Monday, November 2, 2026, the launch of European Credit Company (ECC), a platform specialized in European credit that will provide financing to large and medium-sized companies, as well as asset and project owners, through corporate loans and asset-backed financing. The Abu Dhabi Investment Council is participating in supporting the platform alongside a group of international financial and investment institutions, including the European insurance company Athora, Japan's Norinchukin Bank, Britain's Standard Chartered Bank, and the US company Aranda Principal Strategies, along with funds and companies affiliated with Apollo. The company did not disclose the size of the Abu Dhabi Investment Council's contribution to the project, while confirming that the platform is launching with a lending capacity exceeding €10 billion. Private credit... a globally expanding market The launch of the platform comes at a time when the private credit sector is experiencing increasing growth, with companies turning to alternative financing sources instead of traditional bank loans, especially in sectors that need large capital investments and long financing periods. According to a Reuters report, the credit rating agency Moody's expected that assets under management in the global private credit sector would exceed $2 trillion during 2026 and approach $4 trillion by 2030. The new platform aims to meet financing needs in the energy, defense, infrastructure, and real estate sectors, which are witnessing increasing demand for financing in Europe. The company will operate through centers in Frankfurt, Jersey, London, Luxembourg, and Milan, with plans to expand into additional European markets in the coming periods. Abu Dhabi and expanding international investments The Abu Dhabi Investment Council's entry into this platform reflects a direction toward expanding investments in private credit markets and diversifying investment portfolios geographically and sectorally. The council was established in 2007 and became part of Mubadala Investment Company in 2018, under an official restructuring in Abu Dhabi. The council operates within the emirate's sovereign investment system, with a focus on achieving long-term returns and investing in private and public markets. Mubadala data indicates that the council's strategy includes private credit, real estate, equities, and global investments, which enhances the diversification of return sources and the management of investment portfolios over the long term. Thus, the importance of this step is not limited to participating in the establishment of a new European financing platform, but extends to enhancing the presence of Emirati investments in a sector experiencing global expansion, at a time when European economies need additional financing sources to support energy, infrastructure, defense, and industrial growth projects.

Carlyle recruits Apollo executive to expand direct lending origination. * November 3, 2026 * - 10:00 am Carlyle has appointed Alexander Simoes as a managing director within its direct lending origination team, continuing its expansion of its private credit business, according to a report by Bloomberg. Simoes joins from Apollo Global Management, where he was responsible for sourcing credit and structured equity investment opportunities involving private equity-backed companies. He joined Apollo in 2025, having previously held positions at Oaktree Capital Management and Goldman Sachs. The appointment follows several senior hires as Carlyle strengthens its direct lending platform. The firm previously recruited Goldman Sachs executive Alex Chi to lead the business, alongside Michael Meagher and JP Seminario to support its origination capabilities. The latest hire reflects Carlyle's continued investment in private credit as alternative asset managers expand their direct lending operations and compete for financing opportunities among private equity-backed borrowers.