Apollo announces first close of global wealth acquisition of griffin

New york, march 01, 2022 (globe newswire) -- apollo (nyse: apo) today announced a first close in its previously announced transaction with griffin capital (“griffin”). apollo has completed the acquisition of griffin's wealth distribution business, now part of apollo global wealth. apollo expects to hold a final close to add griffin's individual-investor focused products and associated asset management team in the second quarter of 2022.
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