Sidley is representing Apollo (NYSE: APO) and its independently managed affiliate, Redding Ridge Asset Management (RRAM), in RRAM’s acquisition of Irradiant Partners. Irradiant is an employee-owned alternative investment manager that specializes in liquid credit, private credit, and renewables. This acquisition adds US$10.7 billion of collateralized loan obligation (CLO) assets under management (AUM) to RRAM, making it a top-five CLO issuer and bringing its total AUM to US$38 billion. With this affiliate acquisition, Apollo adds US$2.2 billion of private credit and renewables AUM from Irradiant.
The Sidley team is being led by Daniel Serota (M&A and Private Equity); and includes Aideen Brennan, Conner J. Collins, and Tamia Sutherland (M&A and Private Equity); Eric S. Wolf, Karim S. Pirani, and Joanna Janica (Employee Benefits and Executive Compensation); Josh W. Thompson, Eno M. Usoro, Jacques Zelnik, and Lena Kwon (Global Finance); Elizabeth Shea Fries, Joseph Schwartz, Victoria A. Anglin, and Marc P. Pietropaoli Jr. (Investment Funds); Cathryn Le Regulski, Terri L. Reuter, and Ryan Martin (Labor, Employment and Immigration); Lauren Kitces and Tasneem Mewa (Privacy and Cybersecurity); Rachel D. Kleinberg and Andy J. Lau (Tax); and Rachelle Soderstrom, Paul Kariyawasam, and Kayla H. Nguyen (Technology and Life Sciences Transactions).
