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Apollo Global Management, ICICI Venture to end joint venture AION Capital

The two firms will continue with AION fund 1, which had raised $850 million, till their investments are redeemed and the fund wound up in the next few years.

Topics
Apollo Global Management | ICICI Bank  | Aion Capital

Surajeet Das Gupta  |  New Delhi 



joint venture, termination, agreement, contract
Apollo is seeking to start its own credit investment business in India, Bloomberg quoted people familiar with the matter. Illustration: Ajay mohanty

In a sudden move, US private equity giant has parted ways with ICICI Venture in their joint venture Partners, which specialises in stressed assets.

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First Published: Thu, June 11 2020. 02:57 IST

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