Phoenix and apollo launch global origination partnership

Tel aviv, israel & new york--(business wire)--phoenix holdings ltd., a leading israel-based insurance, asset management, and financials group (tase: phoe) (“phoenix”), and apollo (nyse: apo) announced today that, as part of their ongoing collaboration, they are launching a partnership for the deployment and co-investment of phoenix client and corporate assets. this partnership will be based on an evergreen structure allowing phoenix to participate in up to $2 billion of investments as a strateg.
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