Apollo Global-backed RRAM to acquire Irradiant Partners.

Apollo Global-backed Redding Ridge Asset Management, an investment adviser specializing in leveraged loans and global CLO management, agreed to acquire Irradiant Partners, an alternative investment manager specializing in liquid credit, private credit, and renewables. Financial terms were not disclosed. “With my partners Mike and Jon and our dedicated team, we are proud to have built Irradiant into a leading alternative credit business. As part of Redding, we will benefit from additional scale, resources and a like-minded investment philosophy. I look forward to leading the US business, working with the teams at Redding and Apollo to serve an expanded investor base and continue our growth journey," John Eanes, Irradiant Co-CEO.