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Apollo Global Management Inc (APO) delivers alternative asset management solutions through private equity, credit strategies, and retirement services. This dedicated news hub provides investors with essential updates on corporate developments, strategic initiatives, and market positioning.
Access real-time announcements including earnings reports, merger & acquisition activity, leadership updates, and partnership agreements. Our curated collection ensures stakeholders stay informed about APO's global investments across industries like technology, natural resources, and financial services.
Key updates cover capital deployment strategies, retirement services innovations through Athene, and cross-sector investment performance. Bookmark this page for reliable information directly supporting informed analysis of APO's market activities and long-term value creation.
Apollo Global Management (NYSE: APO) reported strong financial results for Q4 and the full year ending December 31, 2022. CEO Marc Rowan highlighted record fee-related and normalized spread earnings, alongside significant organic inflows. The firm made notable advancements in its growth strategies, focusing on origination, global wealth, and capital solutions. A cash dividend of $0.40 per share was declared for Q4, scheduled for payment on February 28, 2023. The company manages approximately $548 billion in assets, emphasizing its commitment to delivering excess returns across various investment strategies.
ATLAS SP Partners has launched as a standalone securitized credit origination platform to enhance growth in the asset-backed finance market. Following Apollo's acquisition of part of Credit Suisse's Securitized Products Group, ATLAS SP Partners now operates under the majority ownership of Apollo. The firm, led by CEO Jay Kim, focuses on providing innovative financing solutions to various clients, including corporates and REITs. ATLAS SP specializes in high-quality investment-grade assets and plans to transition additional personnel from Credit Suisse throughout 2023.
The Apollo Opportunity Foundation announced grants totaling nearly $3 million to 11 nonprofit organizations focused on expanding economic opportunities for underrepresented individuals. Launched in February 2022 with over $100 million set for investment over a decade, the Foundation is employee-driven, reflecting Apollo's commitment to community engagement. The selected organizations focus on career education, workforce development, and economic empowerment. CEO Marc Rowan emphasized the importance of these grants in fostering positive change. Apollo's efforts also include ongoing employee support and an evaluation process for future grant recipients.
Apollo (NYSE: APO) announced that Jim Zelter, Co-President of Apollo Asset Management, will participate in an analyst-led fireside chat at the Bank of America Financial Services Conference on February 15, 2023, at 12:50 pm ET.
A live webcast will be available on Apollo’s Investor Relations website, with a replay for those unable to listen live. Apollo is a global alternative asset manager with approximately $523 billion of assets under management as of September 30, 2022. The firm focuses on providing clients with innovative capital solutions and a range of investment strategies.
Apollo (NYSE: APO) has announced that its Chief Financial Officer, Martin Kelly, will participate in the Credit Suisse 24th Annual Financial Services Forum on February 13, 2023, at 4:20 PM ET. A live webcast will be available on Apollo’s Investor Relations website for those interested in the event. Apollo is a leading alternative asset manager, managing approximately $523 billion in assets as of September 30, 2022. The firm focuses on delivering excess returns across various investment strategies and providing innovative capital solutions. More information can be found on their official website.
West Technology Group, formerly known as Intrado Corporation, has completed the sale of its Safety business to Stonepeak for $2.4 billion. The transaction marks a significant strategic move for West, allowing it to focus on its remaining assets, which include TeleVox, SchoolMessenger, Notified, and Mosaicx. West's CEO, John Shlonsky, expressed confidence in Stonepeak as the right partner for future growth. RBC Capital Markets acted as the lead financial advisor for this deal. Moving forward, West aims to enhance its market position with its remaining industry-leading solutions.
Total Operations and Production Services (TOPS) announced the retirement of Founder and CEO L.D. Green, who will transition to Chairman of the Board. Brian Green, previously Chief Operating Officer, will succeed him. Under L.D. Green’s leadership since 1996, TOPS has become a leader in environmentally friendly, electric-drive compressors in the Permian Basin, aiding in emissions reductions. Brian Green expressed enthusiasm for continuing TOPS' growth amid increasing demand for its services. Apollo's Scott Browning praised TOPS' performance and Brian's role in its growth.
Apollo (NYSE: APO) will announce its financial results for Q4 and full year 2022 on February 9, 2023, before NYSE trading opens. A management webcast is scheduled for 8:30 am ET to discuss these results, available on Apollo's Investor Relations website. Apollo is a leading alternative asset manager with approximately $523 billion in assets under management as of September 30, 2022. The company focuses on diverse strategies including yield, hybrid, and equity investments to help clients achieve financial success.
Apollo Global Management (NYSE: APO) has appointed Tatsuo Tanaka as Japan Chair, enhancing its growth strategy in the Japanese market. Tanaka brings over 50 years of banking experience, previously serving in senior roles at major institutions like MUFG Bank and Citigroup Japan. This appointment aims to address the demand for fixed income replacement and alternative investments in Japan. Earlier, Apollo secured a $1.5 billion commitment from Sumitomo Mitsui Trust Holdings to invest in alternative assets, highlighting its focus on expanding asset management and retirement services in the region.
Apollo has announced a significant investment in WEC Energy Group by acquiring approximately $200 million of senior secured notes from its subsidiary, WEC Infrastructure Wind Holding II LLC. These funds will support the Tatanka Ridge and Jayhawk wind farms, which generate a total of 340 megawatts of renewable energy under long-term Power Purchase Agreements (PPAs). This investment aligns with Apollo's commitment to sustainability and its strategy in private fixed income assets.
