Standard Chartered to acquire a minority stake in Apollo Global-backed Apterra.

Standard Chartered, a leading international banking group, has agreed to acquire a minority stake in Apollo Global-backed Apterra, a platform specializing in infrastructure debt origination. Financial terms were not disclosed. "This partnership with Apollo, a market leader in alternative asset management, is a great opportunity to leverage our collective sector expertise and innovative mindset to help finance sustainable growth," Bill Winters, Standard Chartered CEO.