Credit | Case Study
Hertz: Apollo’s Flexible Capital at Work
Amid bankruptcy at the height of COVID, Hertz found in Apollo a financing partner capable of executing a quick-turn, multi-billion-dollar series of transactions that enabled the company to continue operations and meet customers’ needs.
Extensive industry expertise coupled with a deep knowledge of Hertz positioned Apollo to provide the company with a series of bespoke capital solutions during a compressed timeframe. Learn how Apollo’s nimble, collaborative financing approach amidst this complex situation demonstrated how Apollo is financing stronger businesses.
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Atlas Air Worldwide, a global leader in airfreight logistics, partnered with Apollo to soar to new heights.
“Ultimately we do believe that there is a convergence occurring in terms of public market exposure and private, and that private plays a role as a replacement for a portion of both fixed income and equity allocation.”
Apollo believes Investment Grade Private has the potential to generate attractive risk-adjusted returns but has been overlooked because it doesn’t fit neatly into the current asset allocation framework.