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GIC Exclusive: Potential Acquisition of Ex-Credit Suisse Unit Explained

GIC, the sovereign-wealth fund of Singapore, is currently in discussions to invest in Atlas SP Partners, a securitization business recently purchased by Apollo Global Management from Credit Suisse.

GIC in talks to invest in Apollo's Credit Suisse securitization acquisition. PHOTO: ALP/Lauryn Ishak/Bloomberg
GIC in talks to invest in Apollo’s Credit Suisse securitization acquisition. PHOTO: ALP/Lauryn Ishak/Bloomberg

The agreement terms and the size of GIC’s planned investment remain undisclosed. Representatives from Apollo and Atlas SP declined to comment, while a representative from GIC did not

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