Apollo Announces Executive Leadership Hires for Cadma Capital Partners
25 Maio 2023 - 9:00AM
Apollo (NYSE: APO) today announced that the recently established
Cadma Capital Partners (“Cadma”) has named Jon Beizer and Josh
Brody as its CEO and President, respectively. Cadma is a credit
financing platform for the venture ecosystem, providing
asset-backed financing to venture- and growth-lenders, high-growth
companies and financial sponsors, and is backed by
Apollo-affiliated entities. Beizer and Brody both join Cadma from
Western Technology Investment.
Beizer and Brody are proven investors and business builders,
with careers that span growth and venture investing, technology and
finance. As CEO and President, they will be responsible for the
continued build out of the Cadma franchise, which seeks to provide
flexible, asset-backed capital solutions to venture- and
growth-oriented lending platforms, growth companies as well as
financial sponsors. By lending against assets and contracted cash
flows, and in consultation with other Apollo related platforms,
including ATLAS, Redding Ridge, and MidCap, Cadma can help its
clients access cost-effective capital while providing investors
downside protected opportunities.
Apollo Partner and Deputy CIO of Credit, John Zito, said, “Jon
and Josh are seasoned operators and investors, and we are excited
to welcome them to Cadma as we continue to expand our reach in
asset-backed credit origination. While we believe there is a vast,
long-term market opportunity for secured, structured solutions, we
also see an acute need from tech and growth companies for
cost-effective capital to fund their growth and operations as the
IPO, M&A and public financing markets remain muted. We look
forward to continuing to support the growing Cadma team as they
execute on near- and long-term business plans.”
“We are honored to join Cadma and excited by the opportunity to
lead an entrepreneurial organization with the backing of an
industry leader in Apollo,” said Jon Beizer and Josh Brody. “We
look forward to leveraging our investment and entrepreneurial
experience and network of industry relationships to support Cadma’s
continued growth.”
“Since its inception, Cadma has been rapidly expanding by
partnering with leading venture and growth lenders and we are
pleased to have Jon and Josh on board to help us scale our vision,
capitalizing on Apollo’s position in alternative credit and
structuring expertise,” said Apollo Partner and Head of Growth
Lending, Joshua Black. “This dedicated platform builds on Apollo’s
activity to-date in growth and technology lending, and we look
forward to scaling Cadma to service the needs of a wide range of
companies with flexible, partner-oriented solutions.”
Beizer was previously an Investment Partner at Western
Technology Investment since 2013. Prior to Western Technology
Investment, he was a Founding Partner of Foghorn Capital, a
financial advisory firm, and he has served in executive leadership
roles across a number of venture-backed companies including
IPWireless, iAsiaWorks and Phoenix Network. He graduated from
Harvard College Magna Cum Laude and holds an MBA from Stanford
University.
Brody was an Investment Partner at Western Technology Investment
from 2017-2023, and prior to that was the Founder and CEO of
Pronoun, a venture-backed digital publishing platform acquired by
Macmillan Publishers. He received his MA and BA from the University
of Chicago and holds an MBA from Columbia Business School.
With the further development of Cadma, Apollo continues to build
an ecosystem of specialty lending platforms designed to originate
high quality yield assets. Cadma represents Apollo’s 16th platform
and builds on the firm’s approach to asset-backed credit
origination.
Cadma is headquartered in New York with professionals in New
York and San Francisco. Cadma expects to continue building out its
team commensurate with its growth plans.
To learn more about Cadma, please visit
https://www.cadma.com/.
About Apollo
Apollo is a high-growth, global alternative asset manager. In
our asset management business, we seek to provide our clients
excess return at every point along the risk-reward spectrum from
investment grade to private equity with a focus on three investing
strategies: yield, hybrid, and equity. For more than three decades,
our investing expertise across our fully integrated platform has
served the financial return needs of our clients and provided
businesses with innovative capital solutions for growth. Through
Athene, our retirement services business, we specialize in helping
clients achieve financial security by providing a suite of
retirement savings products and acting as a solutions provider to
institutions. Our patient, creative, and knowledgeable approach to
investing aligns our clients, businesses we invest in, our
employees, and the communities we impact, to expand opportunity and
achieve positive outcomes. As of March 31, 2023, Apollo had
approximately $598 billion of assets under management. To learn
more, please visit www.apollo.com.
Apollo Contacts
Noah GunnGlobal Head of Investor RelationsApollo Global
Management, Inc.212-822-0540ir@apollo.com
Joanna RoseGlobal Head of Corporate CommunicationsApollo Global
Management, Inc.212-822-0491communications@apollo.com
Apollo Global Management (NYSE:APO)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Apollo Global Management (NYSE:APO)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024