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February 20, 2026
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Category: EnCap

Apollo Apollo buys 50% stake in Broad Reach at $600m EV, committed up to $400m additional investments with other shareholders

Apollo buys 50% stake in Broad Reach at $600m EV, committed up to $400m additional investments with other shareholders

Global buyout major Apollo has reached a $320m deal with energy investor EnCap to acquire a 50% stake in Broad Reach, AltAssets can reveal. The deal values the business at more than $600m. The post

Bayside Illinois public pension reveals triple private equity investment, Clearlake Capital gets biggest commitment

Illinois public pension reveals triple private equity investment, Clearlake Capital gets biggest commitment

The $42.3bn-managing Illinois Municipal Retirement Fund has agreed a trio of new private equity commitments worth $125.