Apollo, Carlyle Scour Bankrupt SVB Financial for Loan Deals
- Blackstone also preparing to take a look at the loans
- The loans at issue could be valued at as much as $10 billion
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Apollo Global Management Inc. and Carlyle Group Inc. are zeroing in on a book of loans up for grabs now that the former parent company of Silicon Valley Bank has filed for bankruptcy.
The loans are tied to SVB Financial Group’s investment arm, SVB Capital, and its investment banking arm, SVB Securities, according to people with knowledge of the matter.