In brief: Apollo turns to CPP for carbon equity hire

Waleed Elgohary has joined Apollo in London, where he will lead the firm's climate equity investments across EMEA.

Apollo Global Management has recruited Waleed Elgohary as a partner in its London climate equity team.

Elgohary has joined from CPP Investments, where he spent seven years as a managing director in the sustainable energies group. He will be charged with leading Apollo’s climate equity investment opportunities across EMEA, according to a Linkedin post from the firm.

In May, Apollo’s co-president Scott Kleinman said the firm expected to launch a dedicated clean transition private equity strategy in the third quarter of this year. The strategy would sit within Apollo’s multi-strategy clean transition platform, from which it plans to invest $50 billion by 2027.