Apollo planning to launch $5 billion sports investment vehicle, FT reports-February 2024-www.financetom.com

Apollo planning to launch $5 billion sports investment vehicle, FT reports

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Apollo planning to launch $5 billion sports investment vehicle, FT reports

Sep 1, 2025 9:34 PM

(Reuters) -New York-based Apollo Global Management is planning to launch a $5 billion sports investment vehicle as it looks to deepen its exposure to a sector that is attracting a growing amount of funding from the world's largest private capital groups, the Financial Times reported on Tuesday.

Previous page： Alphabet to report double-digit Q2 growth; AI adoption, ballooning costs in focus Next page： Chinese truck and food makers attempt to regain consumer trust after tanker scandal

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Alphabet to report double-digit Q2 growth; AI adoption, ballooning costs in focus

Jul 22, 2024

(Reuters) - Google-parent Alphabet is expected to report a nearly 14% rise in quarterly revenue, its fourth straight quarter of double-digit growth, driven by steady demand for its artificial intelligence-powered cloud computing services and an uptick in the ad market. The search giant's second-quarter report on Tuesday, the first among the Big Technology companies this season, could offer further insight...

Chinese truck and food makers attempt to regain consumer trust after tanker scandal

Jul 22, 2024

BEIJING (Reuters) - China's truck manufacturers released safety standards for vehicles carrying edible oil on Monday, as firms attempt to regain consumer trust after a report about fuel tankers transporting cooking oil rekindled fears about food contamination. Despite Beijing's best efforts to step up food safety controls in the past decade, China has struggled to overcome the damage done by...

Lilium, Saudi Arabia Sign MoU to Develop eVTOL Regulations

Jul 22, 2024

09:04 AM EDT, 07/22/2024 (MT Newswires) -- Lilium (LILM) and the Saudi Arabian General Authority of Civil Aviation have signed a memorandum of understanding for developing and implanting regulations for electric vertical take-off and landing, or eVTOL, operations in Saudi Arabia starting in 2026, Lilium said Monday. The partnership will form a joint working group to prepare regulations for electric...

Sector Update: Consumer Stocks Steady Pre-Bell Monday

Jul 22, 2024

09:05 AM EDT, 07/22/2024 (MT Newswires) -- Consumer stocks were steady pre-bell Monday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was up a slight 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) was recently inactive. Vista Outdoor ( VSTO ) advanced more than 2% after saying it signed a deal to increase...