Apollo secures $90mn investment from Alchemy
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Apollo secures $90mn investment from Alchemy

apollo_london_lloyds_logo_2023.png

Lloyd’s carrier Apollo has agreed a $90mn investment by Alchemy Special Opportunities Fund, which it said would support continued growth in its “hybrid model”.

Apollo runs two syndicates – Syndicate 1969 and Syndicate 1971 – but also provides underwriting and syndicate management services for third parties alongside its own balance sheet.

The

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