Global Finance News
21 Feb 2026, 22:00
Apollo invests $1 billion in hybrid capital for Aldar
Apollo announced that Apollo-managed funds have invested $1 billion in subordinated hybrid notes issued by Aldar Properties PJSC, a leading UAE-based real estate developer and investment manager.
The transaction marks Apollo’s fifth investment in Aldar since 2022, bringing total commitments between the parties to approximately $2.9 billion. The proceeds will support Aldar’s balance sheet flexibility and growth strategy, including landbank replenishment, expansion of its develop-to-hold portfolio and strategic acquisitions.
The deal is one of the largest foreign direct investments in Abu Dhabi’s private sector and the region’s largest corporate hybrid private placement. It also represents another transaction for Apollo’s High Grade Capital Solutions business, which provides customized, long-dated capital to global corporates.
As of December 31, 2025, Apollo had approximately $938 billion in assets under management.
Globe Newswire
Apollo announced that Apollo-managed funds have invested $1 billion in subordinated hybrid notes issued by Aldar Properties PJSC, a leading UAE-based real estate developer and investment manager.
The transaction marks Apollo’s fifth investment in Aldar since 2022, bringing total commitments between the parties to approximately $2.9 billion. The proceeds will support Aldar’s balance sheet flexibility and growth strategy, including landbank replenishment, expansion of its develop-to-hold portfolio and strategic acquisitions.
The deal is one of the largest foreign direct investments in Abu Dhabi’s private sector and the region’s largest corporate hybrid private placement. It also represents another transaction for Apollo’s High Grade Capital Solutions business, which provides customized, long-dated capital to global corporates.
As of December 31, 2025, Apollo had approximately $938 billion in assets under management.
Globe Newswire