In 1974, Lee founded a new investment firm to focus on acquiring companies through leveraged buyout transactions.
The firm made its name in the 1980s through a series of leveraged buyout transactions.
The firm specializes in leveraged buyout transactions, particularly of middle market companies.
Reports described this as the biggest leveraged buyout transaction of 2011.
In most leveraged buyout transactions, the equity portion is usually about 20 percent.
Apollo was among the most active investors in leveraged buyout transactions during this period.
Large buyout transactions, targeting large companies, often require to set up partnerships between investment funds.
Farley would soon establish himself as a nationwide leader in leveraged buyout transactions.
In March 1989, the newly independent firm raised a $100 million pool of capital to fund leveraged buyout transactions.
A buyout transaction originates well before lenders see the transaction's terms.