Market Chatter: Apollo in Talks to Partner With Revolut to Offer Funds to Customers in Europe
MT Newswires Live
Feb 13
Apollo Global Management (APO) is in early talks to partner with Revolut and offer its funds to retail customers in Europe via the fintech's platform, Bloomberg said Friday.
A potential partnership would enable Apollo to offer its vehicles in the European Union through Revolut's private markets offering, which is slated to launch later this year, the report said.
Revolut could add other alternative asset managers to its offering, the people said, adding that a potential deal between the two companies may not materialize, Bloomberg reported.
Apollo did not immediately respond to MT Newswires' request for comment.
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