Macfarlanes advises Alchemy on $90m investment in Apollo Group Holdings Limited
The investment was put in place with proceeds from Alchemy Special Opportunities Fund IV LP which Macfarlanes previously advised on its c.£900m closing in 2018. The investment will build on Apollo’s “hybrid model”, as a provider of underwriting and syndicate management services for third parties as well as its own insurance underwriting operations for Lloyd’s.
The Macfarlanes team was led by corporate and M&A partner Alex Green with assistance from tax partner James McCredie and financial services partner Andrew Henderson.
Alex Green comments: “We were very pleased to have advised Alchemy on this investment opportunity.”