Blackstone Inc. (NYSE:BX), Apollo Global Management, Inc. (NYSE:APO), KKR & Co. Inc. (NYSE:KKR), Ares Management Corporation (NYSE:ARES) and The Carlyle Group Inc. (NasdaqGS:CG) are among the buyout groups examining Silicon Valley Bank's $74 billion loan book for pieces that might fit into their credit portfolios, said people familiar with the matter. California-based SVB was shut down by regulators on March 10, 2023 after customers pulling deposits caused a bank run.

The Federal Deposit Insurance Corporation and its advisers are considering sales of the entire SVB or specific assets or businesses of the failed bank. The interest of private investment groups comes as they have crowded into lending businesses traditionally dominated by banks. Apollo is actively reviewing the SVB loan book for pieces that might fit in its credit unit.

"The opportunity for us is to continue to be a conduit for investors to take investment-grade type, safe yield opportunities from the banking system to the investment marketplace to maintain diversification of our financial system," Marc Rowan, Apollo's Chief Executive Officer and Co-Founder, told the Financial Times. Blackstone's $246 billion-in-assets credit arm is considering the purchase of some of SVB's larger loan portfolios that it deems mature and of adequate scale. It may also consider a bid for the entire loan portfolio outright, said one person briefed on the matter, who cautioned that interest was preliminary and no formal offer had been made.

Blackstone's hedge-fund solutions arm, which manages $80 billion in private capital assets on behalf of institutional investors, may also consider buying some of the bank's assets, the person said. Blackstone had no interest in buying the lender as a whole, they added. KKR, Carlyle and Ares have also begun studying loan asset purchases from SVB, said three people briefed on the matter.

Apollo is also not seeking to acquire SVB in its entirety, but it may assist a group of top venture capital firms that are considering reviving parts of the bank's client-facing operations.