Apollo launches $5bn sports investing platform

TOP STORY: Apollo Global Management has launched a dedicated sports investing platform, Apollo Sports Capital, appointing Al Tylis as chief executive officer to lead the firm’s push into the rapidly expanding sports finance sector, according to a report by Bloomberg.

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Jolt Capital appoints Managing Partner

Jolt Capital, the European growth private equity firm specialising in B2B deeptech scaleups, has appointed Andrea Traversone as Managing Partner, bolstering its investment leadership as it kicks off commitments for its fifth fund, Jolt Capital V.

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UK GDP stalls while food prices continue to climb

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Legal & General CFO Jeff Davies departs

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