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. (NYSE: APO) appears frequently in financial and corporate news as a high-growth, global alternative asset manager active across credit, private equity and retirement services. Company communications describe an asset management business that seeks to provide clients excess return along the risk-reward spectrum, and a retirement services business operated through Athene Holding Ltd. that focuses on retirement savings products and institutional solutions.
News about Apollo often highlights capital solutions and transactions led by Apollo-managed funds and affiliates. Recent announcements include a multibillion-dollar capital solution for Valor Compute Infrastructure L.P. to support the acquisition and lease of data center compute infrastructure for a subsidiary of xAI Corp, as well as strategic financing for Russell Investments to refinance existing debt and extend maturities. Apollo funds have also agreed to acquire a majority stake in Prosol Group, a French fresh food retailer, and have made significant preferred equity commitments to QXO, Inc. to support acquisition strategies.
Other coverage shows Apollo’s ecosystem in action, including Stream Data Centers, a key operating platform within the Apollo ecosystem focused on wholesale data center colocation and build-to-suit facilities, and MidCap Financial, which is described as Apollo’s primary direct origination platform in the private middle market. Apollo-affiliated capital has also been involved in sports-related investments, such as a minority investment in Wrexham AFC through Apollo Sports Capital.
Investors following APO news can expect updates on capital deployments by Apollo-managed funds, financing and acquisition agreements, ratings actions referencing Apollo’s platform, preliminary performance metrics such as alternative net investment income disclosed via Form 8-K, and developments involving key platforms like Athene, MidCap Financial and Stream Data Centers. This mix of transaction announcements, financing structures and segment-related disclosures provides insight into how Apollo deploys capital and manages its alternative asset and retirement services businesses over time.
Notified is hosting a webinar on March 12, 2025, focused on leveraging data for investor relations (IR) strategy. The one-hour session, scheduled from 11am-12pm ET, will explore how IR professionals can extract insights from earnings calls, websites, and press releases to build data-driven programs.
The webinar features notable speakers including Erik Carlson, COO of Notified, who brings over a decade of private equity experience; Glenn Schulman, Founder of Z3 BioCommunication with 20+ years in biotech IR; Amanda Tang, Head of IR at TMX Group; and moderator Laurie Havelock, Editor at IR Impact.
The session aims to help IR teams optimize investor engagement and enhance decision-making in today's evolving market landscape.
GFL Environmental Inc. (NYSE: GFL) has announced the sale of its Environmental Services business to Apollo (NYSE: APO) and BC Partners funds for $8 billion. The transaction structure allows GFL to maintain a 44% equity interest, while Apollo Funds and BC Funds will each hold 28%.
The proceeds will be strategically allocated to:
- Debt repayment
- Up to $2.25 billion for share repurchases
- Transaction fees and general corporate purposes
This strategic move enables GFL, North America's fourth-largest diversified environmental services company, to accelerate its balance sheet deleveraging toward investment grade levels, pursue organic growth initiatives, and implement solid waste M&A opportunities. The company also plans to enhance shareholder returns through share repurchases and future dividend increases.
Apollo (NYSE: APO) has announced its participation in the upcoming 2025 RBC Financial Services Conference. Jim Zelter, President of Apollo Global Management, will be featured in a keynote panel discussion centered on private markets. The event is scheduled for Wednesday, March 5, 2025, at 12:20 pm ET.
Investors and interested parties can access a live webcast of the discussion through Apollo's Investor Relations website at ir.apollo.com. For those unable to attend the live session, a replay option will be made available shortly after the event concludes.
Apollo (NYSE: APO) has appointed Shimpei Kanzaki as Managing Director and Head of Japan Global Wealth, reporting to Edward Moon, Partner and Head of Asia Pacific Global Wealth. With over 20 years of experience in alternative investments and wealth management, Kanzaki joins from KKR where he headed their wealth solutions business in Japan.
This strategic appointment follows Apollo's successful expansion in Hong Kong and Singapore, aiming to grow their presence in Japan, a key market where they plan to expand their product suite and partner with Japanese distributors across wealth channels. The firm seeks to provide Japanese investors access to private market strategies focusing on investment-grade, yield-oriented assets.
State Street Global Advisors (NYSE: STT) has launched the SPDR® SSGA Apollo IG Public & Private Credit ETF (PRIV), an actively managed ETF providing access to investment-grade private credit markets. The fund focuses on maximizing risk-adjusted returns and current income through investment-grade debt securities, combining public and private credit including asset-based finance and corporate lending.
The ETF, managed by State Street's Active Fixed Income Team, utilizes Apollo Global Securities for private credit instruments sourcing. The fund employs a risk-aware, macroeconomic approach with bottom-up security selection to construct its portfolio. Apollo reported over $220 billion of origination in 2024, with an estimated potential addressable market for private credit of $40 trillion.
Apollo (NYSE: APO) has announced its 2025 Annual Meeting of Stockholders, which will be held virtually on June 6, 2025, at 9:30 am ET.
The record date for the meeting is April 14, 2025. Details about the virtual meeting will be provided in the 2025 proxy statement.
Apollo (NYSE: APO) has announced a definitive agreement to acquire Bridge Investment Group in an all-stock transaction valued at approximately $1.5 billion. Bridge, founded in 2009, manages $50 billion in AUM and specializes in residential and industrial real estate.
The transaction terms specify that Bridge stockholders will receive 0.07081 shares of Apollo stock for each Bridge share, valued at $11.50 per share. Bridge will operate as a standalone platform within Apollo's asset management business, maintaining its brand and management team. The deal is expected to be immediately accretive to Apollo's fee-related earnings upon closing.
The acquisition will provide Apollo with immediate scale to its real estate equity platform and enhance its origination capabilities. The transaction is expected to close in Q3 2025, subject to regulatory approvals and stockholder vote. Bridge management and affiliates, owning approximately 51.4% of voting power, have agreed to vote in favor of the transaction.
InvestCloud has announced a founding partnership with Apollo (NYSE: APO) to activate the Private Markets Account Network (PMA Network). The collaboration integrates Apollo's private market model portfolios into InvestCloud's APL platform, which manages over $3 trillion in assets across nearly 10 million accounts.
The PMA Network, launched with the Private Markets Account (PMA) in December 2024, creates a unified platform combining public and private assets for wealth management. Apollo, as the founding alternative asset manager, will provide various portfolio strategies including fixed income, equity, and real asset private market solutions.
The network connects asset managers, wealth managers, intermediaries, distributors, and model creators through InvestCloud's platform, enabling broader access to private markets investments. The system aims to simplify portfolio management and enhance investment outcomes for financial advisors and their clients through a centralized point for holding, valuing, and rebalancing alternative investments.
Apollo (NYSE:APO) has announced that its managed funds have acquired a majority stake in Bold Production Services, a provider of production-linked natural gas treatment solutions. Bold operates a fleet of 700+ assets, including dehydration units, H2S treating units, and total flow coolers, serving customers in the Permian and Eagle Ford basins.
The investment aims to support Bold's growth as natural gas demand is expected to increase over the next decade, driven by power generation, LNG exports, and data centers. Bold will maintain its Houston headquarters with its current leadership team, including CEO Glen Wind. Apollo brings expertise in the natural gas value chain and has committed approximately $58 billion to climate and energy transition-related investments over the past five years.
New Catalyst Strategic Partners announced three key appointments to strengthen its investment and value creation capabilities. James Pyo joins as Portfolio Manager, bringing over a decade of asset management experience from Wafra Inc., where he specialized in strategic partnerships and GP investments. Ivaldo Basso, with 30+ years in alternative investments, joins as Operating Partner to focus on operational infrastructure development. Beth Rahn, a 15+ year private investments executive, also joins as Operating Partner to support capital formation and distribution.
The firm, which formally launched in January 2024 in strategic partnership with Apollo Global Management (NYSE: APO), focuses on providing solutions for Next Generation GPs. The new team members will enhance New Catalyst's ability to provide strategic capital and value creation resources to partner firms.