Scandal-rocked Apollo beefs up credit business with three senior hires

Apollo Global Management has bolstered its vast credit business with the addition of Partner Earl Hunt, Managing Director Jasen Yang, and Managing Director Subbu Alagappan. The hires take place against the backdrop of continued scandals enveloping co-founder Leon Black.

Hunt joins the firm as a partner in the credit group, according to his LinkedIn profile. He also serves as the chief executive officer of Apollo Debt Solutions and co-head of credit secondaries. Hunt previously served as a partner in the global markets division of Goldman Sachs, and in a previous role acted as co-head of U.S. distressed and loan sales, an area that Apollo specializes in.

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Women-owned Riveter Capital poised to close first deal; expects to hire junior pro by year-end

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The Riverside Company seeks partner for SaaS investment team: Sponsored

Prolific lower-mid-market investor The Riverside Company seeks a partner to join its Riverside Acceleration Capital team, which provides growth capital to B2B software companies. Here’s more about the position:

The Strategy: The Riverside Acceleration Capital team makes two kinds of investments in B2B software companies. RAC Royalty provides expansion capital in the form of non-dilutive, royalty investments. It backs companies that typically generate at least $2 million in recurring revenue from a software-as-a-service, or SaaS, business model. RAC Equity makes minority, preferred equity investments in larger, fast-growing SaaS companies generating revenue of $5 million to $50 million.

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