Infrastructure Capital Equity Income ETF’s 3.94% Apollo Exposure Tied to U.K. LTAF Launch
Apollo Global Management has received FCA approval to launch its U.K. long-term asset fund, the CG Apollo Global Diversified Credit LTAF, targeting multi-sector private credit for defined contribution pension schemes. Infrastructure Capital Equity Income ETF holds 3.94% of Apollo, linking ICAP’s performance to the success of the private credit solution.
1. CG Apollo Global Diversified Credit LTAF Launch
Apollo has obtained FCA approval for its first U.K. long-term asset fund within its Private Markets LTAF framework. The CG Apollo Global Diversified Credit LTAF will offer multi-sector private credit exposure to defined contribution pension schemes, focusing on investment-grade private investments and large-cap corporate lending to enhance diversification and downside protection.
2. Link to Infrastructure Capital Equity Income ETF
Infrastructure Capital Equity Income ETF holds 3.94% of Apollo Global Management, making its performance sensitive to developments in the firm’s new private credit solution. Any significant inflows into the LTAF could drive demand for Apollo shares and influence ICAP’s net asset value and yield profile.