Haveli Investments and Apollo Form Strategic Partnership to Capitalize on Significant Opportunities Across Enterprise Software and Gaming Sectors
11 Oktober 2022 - 2:00PM
Apollo (NYSE: APO) and Haveli Investments, a technology-focused
private equity firm led by Brian Sheth, today announced they have
formed a strategic partnership. As part of the partnership, funds
managed by or affiliated with Apollo have made a $500 million
commitment to Haveli strategies. Apollo will also provide resources
to help support Haveli in scaling, with alignment through
participation in Haveli’s growth. The relationship with Haveli is
Apollo’s latest partnership with one of the world’s best investors
with specialized expertise in a complementary sector.
Brian Sheth, Senior Managing Director and Chief Investment
Officer of Haveli Investments, said: “Haveli is building a
talented, diverse team that combines industry and operational
know-how with growth investment expertise to partner with exciting
companies and talented entrepreneurs in the technology industry. We
chose to partner with Apollo, an industry leader and a highly
complementary platform, to help accelerate our growth. We look
forward to working with them to grow our business and generate
success for all of our stakeholders.”
Marc Rowan, CEO of Apollo, commented: “Apollo is committed to
our ‘purchase price matters’ philosophy and to delivering excess
return per unit of risk. Haveli’s experience naturally complements
Apollo’s capabilities. The technological foundation being built to
support gaming may one day support the broader financial ecosystem,
and their insights in software are relevant to investments across
our platform. Brian and the team at Haveli are the right team, and
this is an attractive time to enter the sector. We are excited to
support Haveli’s growth, leveraging our fund formation, capital
markets, and yield and hybrid capital solutions. Our strategic
partnership with Haveli is designed to create a flywheel effect and
align our respective firms for continued success.”
Haveli was formed in 2021 by veteran software and digital
technology investor Brian Sheth and leverages the expertise of a
growing team of seasoned investment and operating professionals,
including Ian Loring, Ira Cohen, Dr. Lucas Joppa, Ophir Lupu, Jason
Mathews, Sumit Pande, Jason Ream and Marissa Tarleton. Haveli seeks
to make sustainability a core component of its investments, and its
strong focus on ESG, including DE&I, is congruent with Apollo’s
core values and commitment to lead responsibly.
About HaveliHaveli Investments is an
Austin-based private equity firm. Haveli seeks to invest in the
highest quality companies in the technology sector with a focus on
software, data, gaming, marketplaces and other digital businesses.
Haveli endeavors to partner with innovative companies,
entrepreneurs and management teams throughout their life cycle. The
firm’s experienced team of investors and diverse industry experts
will provide operational and strategic support, enabling portfolio
companies to focus on creating compelling content. Underscoring
Haveli’s investments is an unwavering focus on sustainability and
diversity. For more information, please visit
www.haveliinvestments.com, or follow Haveli on LinkedIn, @Haveli
Investments.
About ApolloApollo is a high-growth, global
alternative asset manager. In our asset management business, we
seek to provide our clients excess return at every point along the
risk-reward spectrum from investment grade to private equity with a
focus on three investing strategies: yield, hybrid, and equity. For
more than three decades, our investing expertise across our fully
integrated platform has served the financial return needs of our
clients and provided businesses with innovative capital solutions
for growth. Through Athene, our retirement services business, we
specialize in helping clients achieve financial security by
providing a suite of retirement savings products and acting as a
solutions provider to institutions. Our patient, creative, and
knowledgeable approach to investing aligns our clients, businesses
we invest in, our employees, and the communities we impact, to
expand opportunity and achieve positive outcomes. As of June 30,
2022, Apollo had approximately $515 billion of assets under
management. To learn more, please visit www.apollo.com.
Contacts
For Haveli
Hugh Burns/Paul Caminiti/Pamela GreeneReevemark(212)
433-4603HaveliTeam@Reevemark.com
For Apollo
Noah GunnGlobal Head of Investor RelationsApollo Global
Management, Inc. (212) 822-0540IR@apollo.com
Joanna RoseGlobal Head of Corporate CommunicationsApollo Global
Management, Inc.(212) 822-0491Communications@Apollo.com
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