Apollo Global Global Management, Blackstone, and KKR & Co, among others, have expressed interest in snapping up a book of loans held by Silicon Valley Bank, the California lender seized by federal regulators last week, people with knowledge of the matter said.
The bank had $73.6 billion of loans as of December 31, 2022. The size of the loan book Apollo, Blackstone and KKR are interested in couldn't immediately be mined.
Blackstone is also looking at other assets it may purchase from the bank, one of the people said.
This story is from the March 15, 2023 edition of Business Standard.
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This story is from the March 15, 2023 edition of Business Standard.
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