Apollo’s ATLAS SP Receives Investment From MassMutual

Paul, Weiss advised Apollo and its affiliate ATLAS SP Partners in a transaction with MassMutual, a leading mutual life insurance company. As part of the multibillion-dollar deal, MassMutual has become a minority equity owner in and capital partner to the ATLAS business and has agreed to invest in Apollo’s Asset Backed Finance franchise.

The Paul, Weiss team was led by corporate partners Matthew Goldstein, Robert Tananbaum and Anastasia Peterson, and included partner Christodoulos Kaoutzanis and counsel Scott Balterman, David Levine, Katherine Shaia, David Gerst, Mikhel Schecter and Jennifer Songer; and litigation partner Gregory Laufer.