Company Overview - Apollo has launched Olympus Housing Capital, a new homebuilder finance strategy aimed at providing capital solutions to homebuilders in the U.S. for land acquisition and development [1][2] - Olympus is led by CEO Andrew Brausa, who has over 20 years of experience in residential housing and previously managed land financing strategies at Brookfield Asset Management [3] Market Context - Olympus operates in a market characterized by a structural under-supply of single-family homes and an increasing reliance on customized private financing solutions by homebuilders [2] - The company targets both public and private homebuilder customers who require scaled capital partners to support their growth and increase housing supply in the U.S. [2] Strategic Positioning - Apollo partners highlighted that Olympus is positioned at the intersection of several focus areas for Apollo, leveraging their expertise in residential real estate and asset-backed finance [3] - The strategy is described as highly scalable, aiming to deliver flexible capital solutions to an underbuilt market with favorable long-term macroeconomic tailwinds [3] Leadership and Vision - Andrew Brausa expressed excitement about the collaboration with Apollo, emphasizing the robust demand for reliable homebuilder capital solutions and the potential for Olympus to provide value-added services [3] - The leadership team aims to address critical funding needs to facilitate new home ownership across the country [3]