In February 2025, Redding Ridge Asset Management (“Redding Ridge”), an independently managed affiliate of Apollo (NYSE: APO), announced an agreement to acquire Irradiant Partners. The acquisition has since closed, and as a result, Irradiant has become part of Redding Ridge.
Irradiant brings significant assets, experienced leadership and like-minded credit management to Redding Ridge, further scaling the franchise, expanding its universe of credit coverage and creating a top five global CLO manager with approximately $40 billion of AUM. Irradiant’s founding team has maintained strong relationships with Redding Ridge and Apollo for several years and the firms share highly aligned investment philosophies.
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