Apollo, a high-growth, global alternative asset manager, has announced that it will acquire Argo Infrastructure Partners, a mid-market asset manager targeting essential infrastructure assets in North America, in a stock and cash transaction.
Established in 2013, Argo has a successful track record of long-term value creation in digital infrastructure, renewable energy, transportation, utilities and other industries. The firm’s focus on core and core-plus infrastructure assets will broaden Apollo’s sustainability and infrastructure strategies and deepen Apollo’s existing origination capabilities within key sectors the firm believes will continue to benefit from robust investment, including digital infrastructure and the energy transition.
At closing, Argo will add approximately $6 billion of high-quality assets to the Apollo infrastructure platform, as well as an experienced team of more than 20 professionals focused on core and core-plus infrastructure equity oppo