Apollo launches clean transition capital strategy to support firmwide target to deploy $50 billion by 2027

New york, april 26, 2023 (globe newswire) -- apollo (nyse: apo) today announced the formation of apollo clean transition capital (“act capital”), an investment strategy that intends to redefine the capital market for climate solutions. act capital seeks to meet the wide-ranging capital needs for the transition to clean energy and sustainable industry by providing competitive, flexible, and patient financing to the global market, supporting corporates in their transition to clean energy. the strategy launches with $4 billion in deployable capital from apollo affiliates and strategic partners and will enable investment into a diversified global portfolio of yield and hybrid investments.1
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