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 (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 announces the appointment of Whitney Chatterjee as General Counsel starting April 3, 2023. She will transition to Chief Legal Officer on January 1, 2024, succeeding John Suydam, who has held the position since 2006. CEO Marc Rowan praised Chatterjee's extensive legal experience, stating she will enhance Apollo's corporate governance and stakeholder relationships. Chatterjee previously served as a Partner at Sullivan & Cromwell, specializing in financial services. This leadership transition reflects Apollo's commitment to succession planning and strengthens its talent base.
Apollo Global Management (NYSE: APO) has appointed former U.S. Senator Patrick Toomey to its Board of Directors, effective March 15, 2023. This expands the Board to 17 members, with 13 being independent. Toomey has significant experience in financial services, having served on several Senate committees, including Banking and Finance, and has a history in the U.S. House of Representatives. CEO Marc Rowan expressed confidence in Toomey’s ability to enhance corporate governance and value generation for shareholders. Toomey, excited to join, aims to contribute to Apollo's mission of providing capital for business growth and retirement income for savers.
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.
FAQ
What is the current stock price of Apollo Global Mgmt (APO)?
What is the market cap of Apollo Global Mgmt (APO)?
