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.
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.
Apollo Global Management (NYSE: APO) has reported its Q4 and full year 2024 results, marking a strong performance year. The company achieved several significant milestones in 2024, including:
- Record origination activity exceeding $220 billion
- Inflows of more than $150 billion
- Assets under management surpassing $750 billion
The company declared a cash dividend of $0.4625 per share of Common Stock for Q4 2024, payable on February 28, 2025, to holders of record as of February 18, 2025. Additionally, a cash dividend of $0.8438 per share of Mandatory Convertible Preferred Stock was declared, payable on April 30, 2025, to holders of record as of April 15, 2025.
Apollo (NYSE: APO) has announced that Scott Kleinman, Co-President of Apollo Asset Management, will participate in a fireside chat at the Bank of America Securities Financial Services Conference. The event is scheduled for Tuesday, February 11, 2025, at 8:50 am ET.
Investors and interested parties can access a live webcast of the presentation through Apollo's Investor Relations website at ir.apollo.com. For those unable to attend the live session, a replay will be made available shortly after the event concludes.
Apollo (NYSE: APO) has launched Apollo Allocation Pro, a new portfolio construction tool designed for financial advisors to explore alternative investment strategies, particularly in private markets. The platform builds upon the firm's Apollo Academy, an educational initiative launched in September 2022 that offers various resources including CE-credit courses, white papers, and podcasts.
The tool, developed in partnership with iCapital, features interactive portfolio design capabilities allowing advisors to create and model portfolio allocations combining alternatives with traditional public market indices. It provides access to 17 different indices and enables customization based on varying risk tolerance levels.
This launch represents Apollo's continued commitment to enhancing access to alternatives and supporting financial intermediaries with educational resources for integrating private markets into client portfolios.
Apollo (NYSE: APO) has announced its participation in the upcoming UBS Financial Services Conference. The company's Chief Financial Officer, Martin Kelly, will engage in a fireside chat scheduled for Monday, February 10, 2025, at 9:40 am ET. Investors and interested parties can access a live webcast of the presentation through Apollo's Investor Relations website at ir.apollo.com. For those unable to attend the live session, a replay will be made available on the same platform shortly after the event concludes.
Apollo (NYSE: APO) has announced a USD $500 million investment in Subordinated Notes issued by Aldar Properties, marking one of Abu Dhabi's largest corporate hybrid private placements. This transaction brings Apollo's total investment in Aldar to approximately USD $1.9 billion across four transactions since 2022.
The deal follows Apollo's August 2022 transaction where Apollo-managed funds invested USD $1.4 billion in Aldar, including a USD $400 million equity investment in Aldar Investment Properties. This latest investment strengthens Apollo's presence in Abu Dhabi and the UAE, following their November 2024 announcement of extending their multi-billion-dollar partnership with Mubadala Investment Company.
Since 2020, Apollo's High-Grade Capital Solutions strategy has originated nearly $100 billion in bespoke capital solutions for major companies including Intel, Sony, Air France, and AB InBev.