Apollo Global Management

Consensus gives Clinton the edge over Trump; hedge funder Richard Perry to shutter fund; Caesars cuts deal with creditors; WTO lowers trade projections.
Welcome to the weekend, everybody. Here’s your weekly news from the Avenue of Giants!
Crude markets surprised by supply data; Glencore announces smaller losses; Apollo settles with SEC over fees.
Reserve Bank of Australia makes rate statement; CFA Institute holds seminar in Tokyo; Indian cricket hopes to recover from a sticky wicket of a scandal.
Oil powers to cap oil production; Apollo buys out ADT; Anglo American posts multi-billion year loss; CCTrack’s Robert Savage on the oil deal.
Global equities retreat on signs of weak demand; hedge funds reject Argentina’s offer; China’s yuan reserves declined sharply in January; Waverly’s Adam Grimes on confirmation bias.
TPG Group has enlisted Jon Winkelried, a veteran of Goldman Sachs Group, as co-CEO to help it pursue strategies such as credit.
High valuations are slowing the deal pace, but firms have plenty of dry powder to put to work.
The UBS alumnus counts Liberty Global’s $23.3 billion takeover of Virgin Media among his boutique firm’s $200 billion worth of deals.
Get real-time updates on the conversations happening at the fifth annual Delivering Alpha conference, hosted by Institutional Investor and CNBC.