Apollo Global to acquire Argo Infrastructure Partners

Apollo announced that it has entered into an agreement to acquire Argo Infrastructure Partners, a leading mid-market asset manager targeting essential infrastructure assets in North America, in a stock and cash transaction. 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 opportunities. “We are excited to announce this agreement with Argo which will add capabilities that are highly complementary to our existing value-add investment strategy. The Argo team has curated a high-quality portfolio, managing assets on behalf of a top-tier group of institutional investors,” said Harry Seekings and Olivia Wassenaar, Partners and Co-Heads of Infrastructure at Apollo. “Argo has an experienced team with deep origination and asset management expertise, and we look forward to integrating this successful strategy into our franchise, continuing the team’s strong track record of providing investors with thoughtful, differentiated access to mid-market core and core plus infrastructure.”