Apollo and GIC Invest in Atlantic Aviation Alongside KKR

Atlas Air Worldwide Acquires 49% Stake in Air Atlanta

May 28, 2026

Transportation

Atlas Air Worldwide (via Titan Aviation Holdings) signed a Share Purchase Agreement to acquire a 49% minority stake in Iceland-based Air Atlanta, an ACMI and aircraft management provider with operating platforms in Iceland and Malta. Atlas will also acquire Air Atlanta-owned aircraft and lease them back to Air Atlanta for continued operations, while Air Atlanta management retains a 51% controlling interest.

General Atlantic Makes Minority Investment in Partners Capital Investment Group

February 8, 2024

Financial Services

General Atlantic has acquired a minority stake in Partners Capital Investment Group by purchasing equity from longstanding external shareholders and some founding-generation partners. The transaction will increase ownership by the current leadership to retain senior talent while enabling Partners Capital to leverage General Atlantic's global network and capabilities to deepen investment and technology capabilities.

KKR Acquires Remaining 37% of Global Atlantic

January 2, 2024

Insurance

KKR & Co. Inc. has closed its previously announced transaction to acquire the remaining 37% of The Global Atlantic Financial Group, bringing its ownership to 100%. Global Atlantic will remain led by its existing management team and operate under the Global Atlantic brand as a wholly‑owned subsidiary of KKR, enabling closer collaboration to realize identified synergies and expand capabilities across insurance and investment solutions.

Apollo Infrastructure Funds Acquire Majority Stake in Modern Aviation

November 2, 2023

Aerospace & Defense

Apollo-managed infrastructure funds will acquire a majority stake in Modern Aviation, a U.S. fixed-base operator (FBO) platform. Tiger Infrastructure Partners (the current owner) and Modern Aviation’s management will reinvest alongside Apollo to support growth and network expansion across Modern’s 16-site portfolio.

Apollo, J.F. Lehman & Hill City Capital Acquire Atlas Air Worldwide for $5.2 Billion

March 17, 2023

Transportation

An investor group led by funds managed by affiliates of Apollo, together with J.F. Lehman & Company and Hill City Capital, acquired Atlas Air Worldwide for an enterprise value of approximately $5.2 billion, paying $102.50 per share in cash. Atlas Air Worldwide will become privately held and continue operating under its existing leadership to accelerate execution of its strategic plan and capitalize on long-term demand for global air cargo services.

KKR & Co. Inc. Acquires Global Atlantic Financial Group

July 8, 2020

Financial Services

KKR & Co. Inc. has agreed to acquire all outstanding shares of Global Atlantic Financial Group Limited, a leading retirement and life insurance company, in a transaction valued at approximately 1.0x Global Atlantic's book value. Global Atlantic will continue to operate as a separate business with its existing management team and will gain access to KKR's asset management and origination capabilities to support growth and expand KKR's permanent capital base.