Apollo

TenFifty Capital, a new European commercial real estate lending platform, has launched through an alliance with Apollo. Headed by CEO Hugh Fraser, TenFifty will focus on €10-50 million loans in the underserved small- and mid-market segment, aiming to originate €1-2 billion in its first year. With offices across Europe, TenFifty targets senior secured lending across various sectors in core markets like the UK and Germany supplementing Apollo’s existing large loan strategy. Fraser brings experience managing over €6 billion in financings.

Sumitomo Corporation, SMBC Aviation Capital, Apollo, and Brookfield will acquire Air Lease Corporation for approximately $7.4 billion, rebranding it as Sumisho Air Lease. The deal, expected to close in the first half of 2026, involves Sumisho Air Lease acquiring Air Lease’s orderbook, while SMBC Aviation Capital will service its portfolio. Apollo and Brookfield will provide capital for the acquisition. The new entity aims to capitalize on airline and investor demand with a fleet of new technology aircraft.

Apollo (NYSE: APO) has appointed Yasuo Kashiwagi as Head of Japan to bolster its presence in the Japanese market. Kashiwagi, with over 30 years of financial leadership experience, will oversee Apollo’s integrated strategy and local partnerships. This move underscores Apollo’s commitment to the region, where it currently manages approximately $20 billion in assets. The firm aims to capitalize on growing demand for private capital and retirement solutions in Japan, leveraging its expertise and Kashiwagi’s deep local connections.

Apollo is investing $750 million in Mumbai International Airport (MIAL), a subsidiary of Adani Airports Holdings Limited. This investment, channeled through senior secured notes, will refinance existing debt and fund operational improvements, modernization, and sustainability projects. With the potential for an additional $250 million in financing, the deal supports India’s economic growth and showcases Apollo’s commitment to infrastructure development in a key market.