Principal Private Investment Grade - New Deals, Origination
About the job
- A minimum of 8 years of relevant work experience, which may include private placements, leveraged finance, structured credit, special situations or restructuring, debt advisory, or workouts.
- Either an established origination network across banks, agents, advisors, and/or direct issuers in the United States and/or Europe, or substantive workouts, restructuring, or active position management experience.
- A bachelor's degree with an exceptional record of academic achievement.
- A track record of leading underwriting and execution on complex transactions across corporate sectors and structured, asset-backed, or infrastructure formats.
- Deep expertise in covenant negotiation, documentation, and structuring across at least one of private placements or syndicated or club loans.
- Established relationships with banks, agents, sponsors, and/or direct issuers in the relevant markets.
- Experience managing and developing junior resources in a results-oriented environment.
- Comfort working in a complex and fast-moving organization across multiple stakeholders and capital pools.
- Experience with complex investment structures and capital stacks.
- Strong modelling, analytical, valuation, and problem-solving skills.
- Strong written and verbal communication skills suited to Investment Committee presentations, credit memos, and external counterparty interactions.
- Lead origination, structuring, underwriting, and execution of private investment grade transactions across developed markets, coordinating with internal deal teams, external advisors, and counterparties.
- Lead fundamental credit analysis on transactions, provide independent credit opinions on business risk, financial risk, structural risk, and relative value, and present investment recommendations to the Investment Committee.
- Lead structuring, covenant negotiation, and documentation across transaction formats with internal and external legal counsel.
- Negotiate pricing, tenor, amortisation, call protection, security and collateral packages, and financial maintenance covenants tailored to each transaction's risk profile.
- Partner with Apollo origination channels and independently cultivate bank, agent, sponsor, and direct issuer relationships to expand sourcing across developed markets.
- Identify underpenetrated opportunities across sectors, geographies, and structural formats that complement Apollo's broader origination flow.
- Source opportunities through proactive research and represent the firm in market-facing interactions with banks, agents, issuers, and sponsors.
- Lead portfolio monitoring across assigned holdings, including financial performance tracking, covenant compliance, rating migration, and early identification of credit deterioration.
- Maintain watchlist discipline and drive early escalation of deteriorating credits.
- Lead amendments, waivers, consent requests, and workout or restructuring situations, including active position management decisions such as secondary sales, position sizing, and capital stack repositioning.
- Coordinate with sector and Performing Credit analyst teams on sector coverage, shared issuer views, and relative value across public and private markets.
- Drive shared issuer-level analysis where credits span public and private markets and contribute to unified credit views across the investment grade platform.
- Partner across the broader Apollo credit platform on transactions and credits spanning multiple products.
- Ensure analytical work and deal recommendations reflect insurance balance-sheet constraints across United States and European mandates.
- Oversee external rating processes and regulatory filings on lead investor positions, including private letter rating documentation.
- Set and enforce analytical standards, credit process rigor, and documentation quality across the team.
- Lead the team's adoption of artificial-intelligence tooling across document review, covenant extraction, comparable transaction analysis, sector and issuer research, and portfolio surveillance.
- Supervise and develop junior team members by providing day-to-day guidance on credit work, deal execution, and professional development.
- Contribute to platform-building efforts, including investment process design, technology and data infrastructure priorities, and thematic research and investor-facing materials.
- Buy-side experience.
- Familiarity with insurance balance-sheet investing, including NAIC/SVO, RBC, and Solvency II.
- Established relationships with banks, agents, sponsors, and/or direct issuers in the relevant markets.
- Exposure to cross-border transactions.
- CFA, MBA, and/or ACCA qualification.
- Willingness to develop gaps in insurance balance-sheet investing knowledge.
- Demonstrated interest in process improvement and artificial-intelligence-enabled workflows.
- Willingness to lead AI-enabled workflow improvements.
- Experience managing and developing junior resources in a results-oriented environment.
About the company
Apollo Global Management invests money for pension funds, insurers, wealthy individuals and its own retirement business, with most of its assets in private credit, meaning loans arranged directly with companies rather than bought on public markets. It also runs private equity and real estate funds, and its buyout teams have a long record of backing troubled or complex companies. Apollo owns Athene, a retirement insurer that sells annuities and gives the premiums to Apollo to invest, so the firm earns fees from clients plus the spread between Athene's investment returns and what it pays policyholders. Apollo was founded in 1990 and is based in New York.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
1990
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Simplify's Take
What believers are saying
- Money keeps arriving: Apollo took in $60 billion of inflows in the June 2026 quarter, $22 billion at Athene.
- Apollo posted record results: adjusted net income reached $1.3 billion in the June 2026 quarter.
- The fee income behind salaries is growing: Apollo's management fees rose 23% year over year in the June 2026 quarter.
What critics are saying
- Retail clients want out: Apollo Debt Solutions withdrawal requests hit 16.8%, about $2.4 billion, in June 2026.
- Apollo carries the credit risk itself: Athene must pay annuity holders even when the loans it buys go bad.
- Equity pay has shrunk: Apollo shares fell 6% to $122.60 on June 24, 2026, after the second withdrawal cap.
What makes Apollo Global unique
- Apollo owns its biggest client: it managed $415.7 billion for retirement insurer Athene as of June 2026.
- Insurance spreads earn as much as fund fees: Q2 2026 spread earnings were $877 million versus $785 million in fees.
- Lending, not buyouts, drives Apollo: 86% of its fee-earning assets sit in private credit.
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Apollo Global names Indranil Ghosh APAC Credit Head. Summarize with: New Delhi, Oct 9(APAC Media): Indranil Ghosh has joined Apollo Global Management as Managing Director - APAC Credit and Hybrid, taking charge of credit and hybrid investment strategies across the Asia-Pacific region. He joins Apollo after serving as Managing Director and Head of Asia Special Situations at Cerberus Capital Management. He previously led Cerberus' India operations as India Head, working on investment opportunities in the country. Previous Roles At AION Capital And Cerberus Before joining Cerberus, Ghosh served as Principal at AION Capital Partners, a joint venture between Apollo Global Management and ICICI Bank. His experience also includes investment banking roles at Citigroup Venture Capital, Lehman Brothers and Citi. Focus On APAC Credit Investments His appointment comes as Apollo continues to develop its investment business across global markets. His experience in special situations, investment banking and regional leadership is relevant to the firm's credit and hybrid investment activities in Asia-Pacific. Credit and hybrid strategies can include investments across different parts of a company's capital structure, depending on the mandate. Ghosh's new role places him in charge of these strategies across APAC, although Apollo has not provided further details in the information available about his immediate priorities or specific investment plans. His move from Cerberus to Apollo also marks a return to a firm connected to his earlier career through AION Capital Partners, where Apollo and ICICI Bank operated a joint venture. Summarize with:
Uneasy about susan collins' backers | letter. Posted 3:00 PM Read all of our coverage of Maine's 2026 election or stay up to date with the latest developments through the Maine Political Report in your inbox or text messages from politics editor Kirby Wilson. Apollo Global Management purchased and sold off the assets of paper mills in Bucksport and Jay, resulting in the loss of more than 1,000 jobs for working-class Mainers. Furthermore, the current proposal to build an AI data center at one of these sites will only offer temporary construction work, with very few permanent positions created. This story is for subscribers. Choose a plan to keep reading. Fall Sale Unlimited Access $1 for 8 weeks * | 8 weeks of access for $1 * | Full access to our websites, ePapers and app * | Newsletters, archives, puzzles and games * | In-depth reporting, investigations and must-read stories * | Share access with up to four other people in your household Annual Digital $99 per year Billed annually - Save 56% * | One year of access for $99 * | Full access to our websites, ePapers and app * | In-depth reporting, investigations and must-read stories * | Share access with up to four other people in your household
SpaceX is in talks to raise $40bn in debt to buy Nvidia AI chips, with Apollo leading and Pimco in talks, according to some reports.
Informa to acquire Clarion Events for $2.97 billion. Maddy Ryley, Managing Editor * October 6, 2026 LONDON - Informa continues to dominate the global exhibitions industry with the acquisition of Clarion Events from asset manager Blackstone. The deal is expected to be completed in Q4 of 2026, subject to customary regulatory clearances. The £2.24 billion ($2.97 billion) acquisition is one of the industry's biggest deals in history, topping the amount that Apollo purchased Emerald and Questex for (Emerald transaction estimated at $1.5 billion), as well as Searchlight Capital's nearly $1.8 billion purchase of CloserStill Media. Deal Highlights According to Informa's press release about the acquisition, the enterprise value represents a multiple of 11.1x 2027 expected EBITDA. The deal also allows Informa to enter three high-growth strategic markets at scale through Clarion brands: Electronics (IFA Berlin), Defense and Security (DSEI) and Gaming (ICE in Barcelona). The acquisition also adds to Informa's existing portfolio in Energy (DISTRIBUTECH) and Technology (ITC Vegas). With Clarion's deep presence in the North American, Asian and European markets, Informa benefits from greater depth in the regions, and will explore opportunities to geo-locate and syndicate Clarion brands in the IMEA region, where Informa already has a strong foothold. The acquisition also supports the One Informa growth initiatives, which include lead generation, non-endemic sponsorship, digital and data services, and hotel and city partnerships. The Industry's Giant Just Got Bigger According to Grant Thornton Stax's Top 20 rankings of the biggest exhibition organizers by 2025 revenue, Clarion Events ranked No. 3 overall, and the highest of any privately-owned organizers. Informa took the top spot with revenue hitting $3.7 billion (30% growth from 2024), with a large portion of that revenue growth being attributed to its acquiring of Ascential, which brought Cannes Lions and Money20/20 into its portfolio. Before the Clarion acquisition, Informa's revenue already surpassed its nearest competitor, RX, by more than double its revenue from exhibitions. The press release from Informa also details the plans to combine the Informa and Clarion businesses, with Clarion CEO Lisa Hannant remaining in her role and joining the Informa Executive Leadership team. Informa Focuses on Core B2B Business The announcement of the acquisition came alongside Informa announcing its plans to separate its Taylor & Francis business. In a press release from Informa, CEO Stephen A. Carter stated: "The planned separation of Taylor & Francis coincides with further expansion in B2B through the £2.24bn acquisition of Clarion, the U.K.-based owner of more than 100 B2B Live Events brands. The combination will underscore Informa as the U.K.-listed, international leader in B2B Live Events, with annual Group revenues exceeding $6 billion and underlying growth of 7%+/-."
Apollo weighs larger role in government lending as debt soars. Tuesday, october 6, 2026. Apollo Global Management is exploring a bigger role in financing debt-laden governments and state-backed companies as they turn to private capital to plug budget gaps. Apollo's President Jim Zelter said the firm is looking at ways government-backed companies can shore up their balance sheets, including long-term capital and moving hard assets into a subsidiary to raise capital. Apollo is also seeking to finance the defense sector and capture dollars needed for AI infrastructure, with Zelter noting the firm limits its portfolio exposure in any one industry to mid- to high-single digits. * Apollo Global Management is exploring an expanded role in financing debt-laden governments and state-backed companies, particularly in Europe, as they seek private capital to address budget deficits. * The firm is considering strategies such as providing long-term capital and leveraging hard assets into subsidiaries to raise funds, while also targeting financing for the defense sector and AI infrastructure. * Apollo is actively hiring experienced professionals and expanding its leadership in Europe and Asia to facilitate these large-scale deals, reflecting a growing trend of private capital involvement in public finance. Topics: Public debt, Private market, Jurisdictions, Global sovereign bond tokenization, Private credit debt funds, Established hubs