APO +0.32% Apollo Global Management Inc. APO said that it had received an Abu Dhabi Investment Authority commitment for warehouse financing by its asset-backed finance franchise (ABF). Atlas SP Partners is its securitized business. Atlas SP Partners is expected to have the ability to support approximately $15 billion in new warehouse financing commitments. This includes backing from ADIA. The focus will be on private investment-grade and sub-investment grade opportunities. As the global fixed-income market evolves our strategy of scaling fixed income replacement expands into a wider array of private credit products, said Apollo co president Jim Zelter. Apollo’s stock has risen 1.5% during premarket trading.