08:58 AM EST, 11/11/2024 (MT Newswires) -- Apollo Global Management ( APO ) and Mubadala Investment said Monday that they have extended their collaboration to originate investment opportunities across various asset classes.

The companies said the extended "multi-billion-dollar" partnership aims to support Apollo's capital services business by providing large-scale private debt and equity financing to meet the demand for customized financial products and services.

This partnership follows several initiatives between Apollo and Mubadala, including a $2.5 billion private credit joint venture and investments in other private debt classes, the companies said.