Investing
Billionaire Sports Owner Harris Builds New $5 Billion Investment Firm
- Apollo co-founder embarks on second act in asset management
- 26North builds team of veterans from Brookfield, Goldman Sachs
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Josh Harris, the co-founder of Apollo Global Management Inc., is building out his firm to focus on private equity, credit and insurance.
26North Partners will launch with more than $5 billion in assets, according to a statement. The investing titan hired Mark Weinberg, who helped lead US private equity at Brookfield Asset Management, to run buyouts and Brendan McGovern, former head of Goldman Sachs Asset Management’s private credit group, to lead the lending platform.