Welcome to our dedicated page for Apollo Global Mgmt news (Ticker: APO), a resource for investors and traders seeking the latest updates and insights on Apollo Global Mgmt stock.
Apollo Global Management, Inc. reports news tied to its alternative asset management and retirement services businesses. Updates commonly cover operating results, dividends on common and preferred stock, assets under management, investment origination, and activity at Athene, its retirement-services subsidiary.
Company news also includes fund formation and capital raising across Apollo strategies, including hybrid value, structured equity, dislocated liquid credit, private equity, credit, and real assets. Announcements may describe investment activity across funds managed by Apollo, portfolio-company developments, governance, material agreements, and capital-structure matters.
Altius Minerals (TSX: ALS, OTCQX: ATUSF) closed a tripartite transaction that increases its effective ownership in Great Bay Renewable Holdings I and II (GBR) from 29% to 50%. Funds managed by Apollo (NYSE: APO) sold their GBR membership interests to Northampton Capital Partners for about US$390 million, and Northampton concurrently sold its interest in Altius Renewable Royalties Corp. to Altius for about US$168 million. As a result, GBR is now owned 50/50 by Altius and Northampton, with Apollo funds exiting.
From Q3 2026, Altius will record its 50% proportionate share of GBR revenues and expenses. Altius also amended its credit facility on July 24, 2026, increasing capacity from C$225 million to C$350 million, converting prior term and revolving tranches into a single revolving facility with no principal repayments and extending maturity from August 2028 to July 2030. The outstanding debt of about C$87 million was moved into the new facility, which bears variable interest with pricing tied to total net debt ratio, and is available for qualifying royalty, streaming and other investments. After the amendment, Altius drew down C$100 million to fund the GBR transaction.
Apollo (NYSE: APO) announced that its outstanding 6.75% Series A Mandatory Convertible Preferred Stock will automatically convert into common stock on July 31, 2026. Each preferred share will convert into 0.5074 Apollo common shares, with cash paid instead of any fractional common shares. Holders of record as of July 15, 2026 will receive a final quarterly cash dividend of $0.8438 per preferred share, payable on the conversion date, according to Apollo.
CAIS, an alternative investment platform for independent financial advisors, announced a $170 million Series D led by Vista Equity Partners, with participation from AllianceBernstein (NYSE: AB), Blue Owl (NYSE: OWL), Carlyle (NASDAQ: CG), Fortress, Golub Capital, Lord Abbett, RBC and others. The round values CAIS at over $2 billion and lifts total capital raised to nearly $600 million, alongside a reported 3‑year organic revenue CAGR of 37%.
CAIS reports serving 2,500+ wealth firms and 65,000+ advisors overseeing about $8.5 trillion in client assets. In 1H 2026, transaction volume rose 53% year over year and total platform assets increased 55%, with 60% higher transaction volume among existing firms. Since 2025, CAIS has added 425+ new RIAs and independent broker‑dealers representing $1.8 trillion in assets and released 150+ new technology features in 1H 2026. Advisor Net Promoter Score reached 74, and the company highlights growing AI capabilities, deeper integrations with major custodians, and expanded education initiatives as it enters its “next chapter of growth.”
Apollo (NYSE: APO) announced that Apollo-managed funds and affiliates have agreed to invest $1.5 billion in Keppel’s Keppel Offshore Fund, LP, which will hold a portfolio of offshore energy assets managed by Keppel. Keppel, a Singapore-based global asset manager and operator, oversees S$95 billion in funds under management.
The transaction is described as investment grade and among the first of its kind in Southeast Asia, targeting a growing regional offshore energy market. Apollo noted that it has originated over $100 billion of bespoke capital solutions since 2020. The deal is subject to customary closing conditions, including regulatory approvals, with SMBC Group entities advising on debt and placement and multiple law firms serving as counsel to the parties.
Bridge Logistics Properties (symbol advisory: APO) acquired a 782,775-square-foot, Class A distribution facility at 6920 192nd Street in Frederickson, Washington, marking its largest Seattle-Tacoma market transaction and expanding its Pacific Northwest industrial footprint.
Completed in 2024, the property is fully leased on a long-term basis to Harbor Freight Tools as a regional distribution center supporting more than 1,600 stores. The 53.3-acre site lies about 17 miles from the Port of Tacoma and is expected to benefit from the planned SR 167 extension by 2030. According to Bridge Logistics Properties, the asset features 40-foot clear heights, a cross-dock layout with 152 dock-high and 4 grade-level doors, large truck courts, 476 trailer stalls, 262 auto spaces, 4,000 amps of expandable power, ESFR sprinklers, and separate truck/auto entrances. The facility is part of Panattoni’s Fred310 industrial development in a constrained supply market where under-construction inventory has fallen more than 60% year-over-year.
Altius Minerals (TSX: ALS, OTCQX: ATUSF) expects record Q2 2026 attributable royalty revenue(1) of approximately $30.0 million, up from $12.7 million in Q2 2025 and $26.8 million in Q1 2026. Segment revenue for Q2 2026 totals $9.4 million from base metals, $5.0 million from potash, $6.4 million from lithium, $1.6 million from iron ore, $6.1 million from electricity and $1.5 million of interest and other.
Revenue drivers include higher realized copper, nickel and potash prices, higher potash volumes, increased lithium ownership following the Q1 2026 Lithium Royalty Corp. acquisition, ramp-ups in lithium and electricity portfolios, and interest income on cash and interconnection financing. Altius also outlined a tripartite transaction under which Apollo Funds will sell their GBR interests to Northampton for about US$390 million, and Northampton will sell its indirect interest in Altius Renewable Royalties (ARR) to Altius for US$168 million, increasing Altius’s effective GBR interest from 29% to 50%, subject to customary conditions and expected to close in late July. Q2 2026 financial results will be released on August 10, 2026, followed by a conference call on August 11, 2026 at 9:00 AM ET.
Apollo (NYSE: APO) announced that Apollo-managed funds have completed the acquisitions of Emerald Holding (NYSE: EEX) and Questex, combining them into a scaled B2B experiential events and media platform with expanded capabilities and growth ambitions.
According to Apollo, Paul Miller is now Chief Executive Officer of the combined company, while Hervé Sedky has become a senior advisor. New executive appointments include Vince DiMaggio as Chief Financial Officer, Issa Jouaneh as Chief Operating Officer, Kate Spellman as Chief Commercial Officer, Kurt Nelson as Chief Talent Officer, and Sara Altschul as Chief Legal Officer and Company Secretary. The companies are expected to be fully integrated over the coming months. With closing of the Emerald acquisition, Emerald’s common stock has ceased trading and is being delisted from the NYSE, and Emerald stockholders are receiving $5.03 per share in cash.
Altius Minerals signed a tripartite agreement with Northampton Capital Partners and funds managed by affiliates of Apollo (NYSE: APO) to restructure ownership of Great Bay Renewables (GBR) and Altius Renewable Royalties (ARR).
According to Altius, Apollo Funds will sell their 50% direct interest in GBR to Northampton for approximately US$390 million. Simultaneously, Northampton will sell its minority interest in ARR to Altius, lifting Altius’s effective interest in GBR from 29% to 50%, while Northampton’s effective interest rises from 22% to 50%. The purchase consideration payable by Altius for the remainder of ARR is US$168 million, funded from existing liquidity and partially through adjusted and expanded credit facilities that also reflect the recent Lithium Royalty Corp. acquisition. GBR, which has almost 9 GW of generation under royalty, will continue to be led by Frank Getman and his team. The transaction is subject to customary conditions and is expected to close in late July.
Apollo (NYSE: APO) will release its Q2 2026 financial results on Tuesday, August 4, 2026, before the NYSE market open.
Management will host a public webcast at 8:30 a.m. ET via Apollo’s investor relations website, with a replay available about one hour after the event. Earnings releases are distributed via the website and email subscriptions.
The holding company backed by Apollo (NYSE: APO) that is acquiring Emerald and Questex named Paul Miller, current Questex CEO, as CEO of the combined business upon closing. Emerald CEO Hervé Sedky will become senior advisor. The transaction is expected to close in the second half of 2026, subject to customary conditions and regulatory approvals.