Apollo completed the acquisition of the securitized products group from Credit Suisse.

Apollo, a private equity firm, completed the acquisition of the securitized products group from Credit Suisse, a provider of banking services. Financial terms were not disclosed. “Asset-backed securitization is used to finance consumer and commercial activity and fuel economic growth in the US and increasingly around the world. Launching ATLAS SP is an exciting and logical extension of that trend – forming a standalone business led by Jay and one of the industry’s most knowledgeable and experienced teams. At Apollo, we are excited to partner with ATLAS SP and accelerate our strategy to invest in more long-term, investment grade quality assets for our clients and strategic partners," Jim Zelter, Apollo Co-President.