Apogem Capital is positioned to unlock value for investors in the private markets
NEW YORK, April 4, 2022 /PRNewswire/ — New York Life Investments today announced Apogem Capital as the new brand for its dedicated private markets alternatives boutique, bringing together the capabilities and investment teams of GoldPoint Partners, Madison Capital Funding and PA Capital. Apogem Capital has approximately $37 billion in assets under management1 making it a leading provider of a broad range of private capital solutions tailored to middle market companies.
Leveraging its combined expertise and strong market presence, Apogem Capital is well positioned to offer sponsors and their portfolio companies access to a streamlined suite of capital solutions. These include direct lending, junior debt, primary and secondary private equity fund investments as well as equity-co-investments, GP stakes, real assets and long/short equity. In moving forward, Apogem Capital seeks to deliver powerfully comprehensive thinking to spark ideas, new strategies and new possibilities across the alternatives landscape. At the same time, it retains a deep commitment to its proven investment processes, experienced investment teams, and deep sourcing relationships across the entirety of the middle market.
“With the largest alternative investors seeking to allocate more capital with fewer firms, we recognized that there is a significant opportunity to bring together the collective strengths of New York Life Investments’ alternatives boutiques for the benefit of Apogem’s investors and private equity sponsors alike,” added Christopher Taylor, CEO of Apogem Capital. “At Apogem Capital, our entire team is excited about the opportunities ahead to leverage our middle market expertise to unlock meaningful value across the private equity ecosystem.”
“Through our boutiques, New York Life Investments has been at the forefront of investing in the private markets for more than two decades,” said Yie-Hsin Hung, CEO of New York Life Investment Management and Chairman of the Board at Apogem Capital. “We believe that Apogem Capital will not only be able to generate attractive investment opportunities in the private markets but will also build upon its strength in private equity and debt to create even more value for our investors, clients, sponsors and partners.”
“As a company rooted in partnership and collaboration, we now have the combined scale, expertise and capabilities to better compete in the global marketplace and achieve our strategic growth aspirations,” concluded Chris Taylor. “We believe Apogem Capital is uniquely positioned to take alternative investing to new heights.”
As a result of the combination, the New York Life Investments Alternatives brand will be retired in favor of Apogem …….