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Apollo Capital Management, L.P. / Apollo Global Management

Apollo leads $35B Broadcom AI XPV capital solution with Blackstone

June 9, 2026 primary Manager profile

Summary: Apollo said it led a $35 billion capital solution for Broadcom's AI XPV platform in partnership with Blackstone and leading global banks. Companion Apollo and Blackstone releases frame the same event as the launch of a strategic platform intended to accelerate more than 20 gigawatts of global AI deployments, beginning with a transaction tied to more than 1 gigawatt.

Why it matters: The update may matter to due-diligence readers as a large public private-credit and AI-infrastructure financing signal involving Apollo and Blackstone, while capacity, bank participation, financing economics, project execution, and investor outcomes should remain tightly attributed to transaction-party source materials.

9AT filing context: Public ADV/profile context maps Apollo Capital Management, L.P. to apollo.com, CRD 143161 / SEC file 801-67592, with about $751.8B in reported regulatory AUM/profile scale, 10,692 employees, 2,736 advisory employees, 786 reported private funds, an SMA flag, and a 2026-04-28 ADV submission date. Blackstone Management Partners L.L.C. context maps the Blackstone platform to blackstone.com, CRD 289202 / SEC file 801-111810, with about $1.35T in reported regulatory AUM/profile scale, 11,414 employees, 6,537 advisory employees, 1,203 reported private funds, an SMA flag, and a 2026-05-05 ADV submission date. Omit 13F and Form 5500 for this private capital-solution item.

Summary

Apollo said it led a $35 billion capital solution for Broadcom’s AI XPV platform in partnership with Blackstone and leading global banks. Apollo’s primary release supports the capital-solution framing; companion Apollo and Blackstone releases describe the broader Broadcom, Apollo, and Blackstone strategic platform for AI infrastructure deployment.

The companion releases say the platform launches with a $35 billion transaction tied to more than 1 gigawatt and is intended to accelerate more than 20 gigawatts of global AI deployments. Those figures and role descriptions should remain attributed to the Apollo and Blackstone source materials, not treated as independently verified infrastructure delivery, credit quality, or investment outcome.

Why it matters

For due-diligence readers, the useful signal is the scale and structure of a public private-credit / capital-solution announcement involving Apollo, Blackstone, Broadcom, and banks in the AI-infrastructure buildout. It may help readers track how large alternative-asset platforms are publicly positioning capital around hyperscale compute, power demand, data-center capacity, and corporate infrastructure partnerships.

The signal is bounded. The releases do not by themselves validate future capacity delivery, demand for AI deployments, bank exposure, debt/equity economics, fund-level allocations, risk transfer, investor returns, or Broadcom’s operating outlook. Those questions require later public disclosures, financing details, project milestones, and manager or issuer filings.

Source notes

9AT filing context

Public ADV/profile context maps Apollo Capital Management, L.P. to the Apollo platform in New York, tied to apollo.com, with CRD 143161 / SEC file 801-67592. The analyst handoff reported approximately $751.8 billion in regulatory AUM/profile scale, 10,692 employees, 2,736 advisory employees, 786 reported private funds, a separately managed account flag, and a 2026-04-28 ADV submission date.

The same handoff maps Blackstone Management Partners L.L.C. to the Blackstone platform, tied to blackstone.com, with CRD 289202 / SEC file 801-111810. It reported approximately $1.35 trillion in regulatory AUM/profile scale, 11,414 employees, 6,537 advisory employees, 1,203 reported private funds, a separately managed account flag, and a 2026-05-05 ADV submission date.

That filing context supports broad adviser/platform identity and scale only. It does not prove Apollo’s or Blackstone’s exact transaction role, Broadcom AI XPV terms, debt or equity economics, capacity milestones, bank participation, fund-level exposure, credit quality, risk, performance, investor demand, or outcome. The data-analyst handoff recommended omitting 13F and Form 5500 context for this private capital-solution item.

What to watch

Watch for follow-up public disclosures that clarify final financing structure, named bank roles, transaction closing milestones, debt/equity mix, collateral or project-level economics, and the specific Apollo or Blackstone vehicles involved.

Also watch for Broadcom, Apollo, Blackstone, utility, power, permitting, or data-center milestone updates that show whether the announced strategic platform moves from financing and launch language into deployed capacity. Any future capacity or demand claims should remain source-attributed unless supported by independent public evidence.

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