Apollo's RRAM Acquires CLO Manager Irradiant, Expanding to $11 Billion Assets

In a significant move within the financial landscape, Apollo Global Management’s RRAM, an established player in the asset management arena, has announced its acquisition of Irradiant LLC, a well-regarded manager of collateralized loan obligations (CLOs). This strategic buyout is poised to enhance RRAM’s portfolio and expand its assets under management to an impressive total of approximately $11 billion.

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