Apollo Global Management (APO) Acquires Majority Stake in AS Graanul Invest

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Go back to Apollo Global Management (APO) Acquires Majority Stake in AS Graanul Invest

Apollo Global Management (APO) Apollo EPF III Acquires Real Estate Assets from ENPAM for 842M Eur

August 5, 2021 7:01 AM EDT

Apollo European Principal Finance Fund III (Apollo EPF III), a fund managed by affiliates of Apollo Global Management, Inc. (together with its consolidated subsidiaries, Apollo) (NYSE: APO), today announced it has entered into a definitive agreement with the Italian pension fund Fondazione Ente Nazionale di Previdenza ed Assistenza dei Medici e degli Odontoiatri (ENPAM) to acquire ENPAMs directly owned portfolio of real estate assets (the Portfolio) for 842 million.

The Portfolio comprises 68 high-quality commercial and residential assets, including hotel, retail, logistics and parking assets primarily located in the economic hubs of Rome and Milan.... More