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Apollo Fund Touts NY Yankees Financing as ‘AI-Resilient Leisure’

Bloomberg Technology Wednesday 21 October 2026, 16:06 UTC By Olivia Fishlow 1 min read
Key Points

Apollo Fund Touts NY Yankees Financing as ‘AI-Resilient Leisure’ To understand just how much private-credit managers want to distance themselves from software loans, consider this description of the New York Yankees: “AI-resilient leisure.” Apollo Global Management Inc. highlighted its recent $2.6 billion financing to the owners of the New York Yankees as such in a letter Wednesday to investors in its flagship private credit fund. Apollo Debt Solutions BDC said it sees “attractive value” in...

Apollo Fund Touts NY Yankees Financing as ‘AI-Resilient Leisure’ To understand just how much private-credit managers want to distance themselves from software loans, consider this description of the New York Yankees: “AI-resilient leisure.” Apollo Global Management Inc. highlighted its recent $2.6 billion financing to the owners of the New York Yankees as such in a letter Wednesday to investors in its flagship private credit fund. Apollo Debt Solutions BDC said it sees “attractive value” in areas such as leisure that are protected from the rapid advancements of generative artificial intelligence.
Apollo Fund Touts NY Yankees Financing (ORG) the New York Yankees (ORG) Apollo Global Management Inc. (ORG) Apollo Debt Solutions (ORG) BDC (ORG)
Originally published by Bloomberg Technology Read original →

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