Latest news with #ApolloS3
Zawya
08-07-2025
- Business
- Zawya
UAE wealth fund ADIA unit backs Paris-based Tikehau Capital's $1.17bln capital raise
A consortium lead by a subsidiary of UAE wealth fund ADIA has backed French alternative asset manager Tikehau Capital's 1billion euro ($1.17 billion) capital raise for its portfolio company Egis. US-based Apollo S3, along with American private equity firm Neuberger Berman have also invested in Tikehau Capital's continuation fund for Egis. Financial details of the investment have not been disclosed. With €50.6 billion of assets under management, Tikehau Capital initially acquired a control position in Egis in January 2022 from Caisse des Dépôts et Consignations (CDC) through the first vintage of its private equity decarbonisation strategy. Egis designs, develops and operates smart infrastructure and buildings that address climate change challenges. The company said the capital raise will help with new M&A opportunities, particularly in North America. (Writing by Bindu Rai, editing by Seban Scaria)
Los Angeles Times
23-06-2025
- Business
- Los Angeles Times
Alkeme Insurance Receives Investment from Private Equity Firms to Expand Brokerage
Los Angeles-based Alkeme, a nationwide insurance brokerage firm, received a strategic investment from private equity firms GCP Capital Partners and Apollo S3 to support growth in the insurance marketplace. 'This milestone is a reflection of the hard work and dedication of our entire team, as well as the trust our clients and partners place in us every day,' said Curtis Barton, chief executive of Alkeme, in a statement. With this new capital, the company is well-equipped to pursue strategic acquisitions, invest in cutting-edge technology, and further enhance its client offerings. Since its founding in 2020, it has completed more than 45 acquisitions and serves its customers from more than 45 locations in 29 states. Information for this article was sourced from Alkeme.
