Atlas-backed vehicles may lose up to $1.1 billion from UK mortgage firm's collapse
Bloomberg reports that vehicles backed by Apollo's Atlas SP Partners may recover as little as a tenth of their loans to Market Financial Solutions, citing administrators' estimates.
TLDR
Vehicles backed by Atlas SP Partners, Apollo's structured-credit arm, face possible losses of as much as $1.1 billion from UK mortgage firm Market Financial Solutions' collapse earlier in 2026, Bloomberg reports. Citing the latest estimates filed by administrators, Bloomberg says the vehicles may recover as little as a tenth of what they lent.
Combined views
37.7K
1 Source, first seen 8d ago
43 likes10 comments12 saves6 reposts