Redding ridge asset management to acquire irradiant partners

Rram, an affiliate of apollo, to add ~$11 billion of clo assets bringing total aum to ~$38 billion irradiant's john eanes named incoming cio of rram us new york, feb. 21, 2025 (globe newswire) -- redding ridge asset management (rram), an independently managed affiliate of apollo (nyse: apo), today announced it has agreed to acquire irradiant partners, an alternative investment manager specializing in liquid credit, private credit and renewables. as a result of the acquisition, rram will add $10.7 billion of clo aum, further scaling the business and creating a top five clo manager with approximately $38 billion of aum.
APO Ratings Summary
APO Quant Ranking