Welcome to our dedicated page for Apollo Global Management news (Ticker: APO), a resource for investors and traders seeking the latest updates and insights on Apollo Global Management stock.
Apollo Global Management, Inc. (NYSE: APO) is a premier alternative investment manager that specializes in private equity, credit, and real estate, with expertise in distressed asset situations. Founded in 1990, Apollo is known for its contrarian, value-oriented investment approach. The company operates across various sectors including chemicals, manufacturing, natural resources, consumer services, financial services, leisure, media, and technology.
As of December 31, 2023, Apollo managed approximately $651 billion in assets. The firm generates the majority of its revenue from its Retirement Services segment through Athene, a leading provider of retirement savings products. Apollo's integrated business model sets it apart, enabling seamless capital deployment across a diverse portfolio.
Recently, Apollo has made significant strides in renewable energy investments. For example, Great Bay Renewables, a joint venture with Apollo funds, entered into a $10.1 million facility with Hexagon Energy to support solar development projects totaling 1,500 MWac in the MISO interconnection queue.
Apollo has also expanded its international footprint through strategic acquisitions and partnerships. The firm recently acquired a majority stake in Panasonic Automotive Systems Corporation, aiming to accelerate growth in the advanced automotive solutions sector. Additionally, Apollo formed a partnership with MassMutual, making MassMutual a minority equity owner in ATLAS SP Partners.
Financially robust, Apollo continues to innovate in capital solutions, having secured transactions like its $1.85 billion acquisition of U.S. Silica Holdings, Inc. This move further diversifies Apollo's investment portfolio and fortifies its presence in the industrial minerals sector.
Apollo (NYSE: APO) has acquired Tony’s Fresh Market, a Chicago-based grocery retailer known for high-quality, affordable foods, especially in underserved communities. Established in 1979, Tony’s operates 18 stores and is expanding. With over 400 vendors, it serves diverse communities by offering fresh produce and multicultural foods. Apollo aims to enhance Tony’s growth through customer loyalty programs and e-commerce, while continuing its commitment to community engagement and food access. This acquisition aligns with Apollo's strategy to invest in impactful grocery companies.
Apollo has successfully acquired a majority stake in Novolex Holdings, a leading sustainable packaging manufacturer, from Carlyle. The acquisition is financed by the largest sustainability-linked loan to date, enhancing Apollo's commitment to ESG initiatives.
Novolex's CEO emphasized that the partnership aligns with shared values and innovation goals. Carlyle retains a minority stake in Novolex, which operates over 57 manufacturing facilities and focuses on sustainable packaging solutions, reinforcing its market position in multiple industries.
Intrado Corporation has expanded its Notified Event Cloud platform to offer comprehensive solutions for virtual, hybrid, and in-person events. The enhancements allow for easier event management, immersive experiences, and flexible pricing models to cater to various event sizes. Key features include automated event management, customizable mobile apps, and world-class support services. The new pricing packages—Expand, Evolve, and Enterprise—enable clients to run unlimited events affordably, streamlining processes while providing valuable data and analytics.
Apollo (NYSE: APO) has announced a strategic partnership with Siebert Williams Shank (SWS), a minority-owned financial services firm. This collaboration involves a significant investment aimed at enhancing SWS's underwriting capacity for debt and equity offerings, ultimately driving larger deal flow and revenue opportunities. The partnership is part of Apollo's commitment to widening opportunities in its ecosystem. As of December 31, 2021, Apollo managed approximately $498 billion in assets.
Liquidity Group has deployed $5 million in growth funding to Geologie, a NYC-based direct-to-consumer men's skincare line. Geologie aims to simplify men's skincare routines with tailored products. The funding, facilitated by Liquidity's machine-learning platform, supports Geologie's rapid customer growth. Liquidity Group, backed by Apollo and MUFG, focuses on credit automation and quick debt funding for high-growth companies. Geologie's award-winning skincare products have received accolades from Men's Health and Esquire.
Intrado Corporation announces a significant advancement in 5G wireless 911 routing services, aimed at meeting federal compliance for private network operators. Unveiled at the 2022 CCA Mobile Carriers Show, this service enhances emergency response by integrating rich data delivery, improved location accuracy for emergency texts, and compliance with evolving Z-Axis requirements. The company’s proactive development led to securing its first 5G tier 1 mobile operator contract in 2021, demonstrating a commitment to safety and innovation in emergency response.
Intrado Corporation announced enhancements to its Notified PR platform to better serve public relations professionals. Key updates include expanded social listening content from TikTok, Instagram, YouTube, Twitter, and Facebook, improved global press release distribution, and a new unique readers metric for measuring visibility. These upgrades aim to provide clients with essential tools for brand management, news targeting, and performance measurement, reinforcing Notified's position as a comprehensive communications solution.
Liquidity Group announced approximately
Apollo Global Management (NYSE: APO) will announce its Q1 2022 financial results on May 5, 2022, prior to market opening. The management team will discuss the results during an audio webcast at 8:30 am ET, with a replay available afterward. Apollo, a prominent alternative asset manager, manages approximately $498 billion in assets as of December 31, 2021, focusing on providing clients with innovative capital solutions and superior returns across various investment strategies.
Apollo Hybrid Value Fund II has successfully raised approximately $4.6 billion, representing a more than 40% increase over its predecessor, Fund I. The new fund received strong backing from both new and existing limited partners, focusing on flexible equity and debt capital solutions. Key commitments include preferred equity investments in various companies, showcasing the firm's strategy to offer attractive, downside-protected returns. Apollo emphasizes its integrated platform's ability to provide bespoke solutions across different market conditions, driving institutional interest in this fund.