Radian Group Increases Borrowing to $500mln, Extends Termination to Aug 2026.

Radian Group Inc. has increased its borrowing to $500 million and extended the termination date to August 2026, according to a SEC filing. The company provides mortgage insurance and other services to the real estate and mortgage finance industries through its Mortgage and homegenius segments. Its Mortgage segment offers private mortgage insurance and other credit risk management solutions, while its homegenius segment provides title, real estate, and technology products and services.

Apollo Global Management, Inc. (APO) has completed its acquisition of Bridge Investment Group Holdings Inc. in an all-stock transaction valued at $1.5 billion, as announced in February 2025. The acquisition provides Apollo with immediate scale in real estate equity and enhances its origination capabilities across secular growth areas [1].

Bridge Investment Group, founded in 2009, manages approximately $50 billion in assets across residential, industrial, and niche real estate verticals. The acquisition will see Bridge operate as a platform company within Apollo’s asset management business, retaining its existing brand, management, and investment teams [1].

Under the terms of the agreement, Bridge stockholders and Bridge OpCo unitholders are entitled to receive 0.07081 shares of Apollo stock for every Bridge Class A common share and Bridge OpCo Class A common unit, respectively, with both valued at $11.50 [1].

The acquisition is expected to be accretive to Apollo’s fee-related earnings and nearly doubles its real estate assets under management (AUM) to over $110 billion. Bridge’s integration will further strengthen Apollo’s hybrid and equity offerings, particularly for institutional and wealth clients [1].

Apollo has been on an expansion drive through acquisitions and partnerships. In January 2025, it announced the acquisition of Argo Infrastructure Partners to boost infrastructure capabilities. In 2024, the company formed strategic alliances with Citigroup and State Street to expand private credit and broaden wealth access opportunities. In November 2024, Apollo extended its multi-billion-dollar partnership with Mubadala Investment Company, bolstering global origination opportunities across asset classes [1].

Over the past year, Apollo shares have gained 20.9% compared with the industry’s rise of 18.4%. Currently, the company carries a Zacks Rank #3 (Hold) [1].

Meanwhile, Radian Group Inc. has increased its borrowing to $500 million and extended the termination date to August 2026, according to a SEC filing. The company provides mortgage insurance and other services to the real estate and mortgage finance industries through its Mortgage and homegenius segments [2].

References:
[1] https://www.nasdaq.com/articles/apollo-wraps-bridge-buyout-expands-real-estate-platform
[2] https://www.sec.gov/edgar/searchedgar/companysearch.html