Apollo Management(US:APO) Zhi Tong Cai Jing·2025-12-10 04:05Group 1 - Argo Infrastructure Partners is expanding its investment in the data center sector by increasing its stake in TierPoint, a data center operator, after Apollo Global Management's acquisition agreement earlier this year [1] - Apollo's acquisition of Argo allows it to strengthen its influence in the data center field and gain a foothold in artificial intelligence infrastructure [1] - TierPoint has issued approximately $2 billion in investment-grade asset-backed securities since 2023, including $240 million related to the acquisition of a data center site in Pennsylvania named Tek Park [1] Group 2 - Investment-grade ratings enable insurance companies to invest without needing to reserve large amounts of cash to meet regulatory requirements, leading to increased involvement of annuity companies in the artificial intelligence sector [2] - Apollo owns the annuity provider Athene, which invests its substantial cash reserves into various credit instruments [2] - Argo, established in 2013, primarily invests in digital infrastructure, renewable energy, transportation, and other sectors [2]