New York Life rebrands $37bn private markets business

New York Life Investments this month rebranded its dedicated private markets alternatives capabilities under the Apogem Capital banner.

Apogem brings together the investment teams of GoldPoint Partners, Madison Capital Funding and PA Capital that combined have $37 billion in AUM and creating a sizable business catering to middle market companies seeking private capital solutions, a rapidly growing segment of the private debt marketplace.

“With the largest alternative investors seeking to allocate more capital with fewer firms, we recognized that there is a significant opportunity to bring together the collective strengths of New York Life Investments . . .

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