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Apollo’s ‘Expanding Opportunity’ Initiative Sparks New Strategic Relationship Between MidCap Financial and Lafayette Square

Retrieved on: 
Thursday, September 23, 2021

NEW YORK, Sept. 23, 2021 (GLOBE NEWSWIRE) -- MidCap Financial, a middle market credit solutions firm in alliance with Apollo Global Management, Inc. (NYSE: APO), today announced the start of a non-exclusive strategic capital relationship with Lafayette Square, an impact investment platform founded by Damien Dwin that is working locally to create an inclusive American economy. Through this new relationship, sourced through Apollo’s Expanding Opportunity initiative, MidCap Financial and Lafayette Square expect to collaborate on future opportunities that positively impact communities across the country.

Key Points: 
  • Through this new relationship, sourced through Apollos Expanding Opportunity initiative, MidCap Financial and Lafayette Square expect to collaborate on future opportunities that positively impact communities across the country.
  • Formation of this strategic relationship demonstrates the build-buy-partner approach that Apollo and Midcap Financial take to extend asset origination capabilities and source high-quality deal flow.
  • The new relationship with Lafayette Square, a diverse-led fund manager, was sourced through Apollos Expanding Opportunity program.
  • MidCap Financial Services, LLC provides sourcing, due diligence and portfolio management services to MidCap Financial.