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 plans to release its fourth quarter and full year 2021 financial results on February 11, 2022, before NYSE trading opens. The financial review will be accessible via audio webcast at 8:30 AM ET. Following the merger with Athene Holding Ltd. on January 1, 2022, Apollo will revise its non-GAAP performance measures to highlight three segments: Asset Management, Retirement Services, and Principal Investing. New earnings metrics will include Fee Related Earnings and Spread Related Earnings. For updates, sign up on Apollo’s website.
Apollo Debt Solutions BDC (ADS) announced the successful launch of its continuous public offering, breaking escrow with approximately $657 million in equity net proceeds. This marks a significant milestone for ADS, which now has over $1 billion in assets under management. The Fund primarily focuses on directly originated assets, especially large-cap debt securities. Apollo aims to leverage its extensive experience in private credit to offer individual investors greater access to alternative investments.
CAIS, a leading alternative investment platform, has secured a
Allego Holding B.V. will present at the 24th Annual Needham Growth Conference on January 13 at 12:30 PM ET. The event will highlight Allego’s progress in electric vehicle charging solutions across Europe, where it operates over 26,000 charge points. The company is set to become publicly traded through a business combination with Spartan Acquisition Corp. III (NYSE: SPAQ). This merger aims to enhance Allego's capacity to deliver reliable and accessible charging solutions, positioning it as a key player in the EV market.
Apollo (NYSE: APO) has appointed Louis-Jacques Tanguy as Chief Accounting Officer and Controller, effective January 11, 2022. Tanguy joins from Deutsche Bank, where he was Managing Director, with over 13 years of experience in finance. Apollo's CFO, Martin Kelly, stated that Tanguy's expertise in business finance and accounting will contribute to the company's strategic growth. Apollo, a leading alternative asset manager, manages approximately $481 billion in assets as of September 30, 2021, focusing on various investment strategies.
Apollo (NYSE: APO) has successfully closed its second dedicated infrastructure fund, Apollo Infrastructure Opportunities Fund II LP (AIOF II), with about $2.54 billion in capital commitments. The fund will invest in mid-market infrastructure assets, focusing on communications, power and renewables, and transportation. Apollo has a strong track record, having invested over $20 billion in infrastructure over 30 years. Recent investments include projects in renewable energy and telecommunications, indicating a commitment to sustainable growth and innovation in infrastructure.
Intrado Corporation has acquired Permission Click, enhancing its leadership in K-12 education technology. This strategic acquisition integrates Permission Click’s digital workflow solutions into Intrado Life & Safety’s SchoolMessenger suite, improving efficiency and compliance for schools. The acquisition aims to accelerate digital transformation in education, reducing manual processes for teachers and parents. As part of this transition, Permission Click’s team will join Intrado to support ongoing technology development and innovation.
Apollo Global Management and Athene have successfully completed their merger, creating a company with an expected market capitalization of $43 billion. The merger aims to enhance growth and deliver diversified earnings through a unified platform known as ‘One Apollo’. Over the next five years, Apollo plans to generate $15 billion of deployable capital and double its fee-related earnings. The restructuring offers a more liquid trading profile, potentially attracting a broader investor base and facilitating inclusion in the S&P 500 index.
Apollo has closed a $816 million convertible equity financing agreement with NextEra Energy Partners for a 2.5 GW renewable energy portfolio. This transaction showcases Apollo's infrastructure expertise and strategic partnerships in supporting the clean energy transition. The portfolio includes 13 utility-scale wind and solar assets across nine states, backed by long-term power purchase agreements with stable counterparties. It highlights Apollo's active role in alternative investments within the energy sector, aligned with its institutional partners to redeploy capital into renewable opportunities.
iCapital Network announced a successful $50 million funding round led by WestCap, with new investments from Apollo (NYSE: APO) and Temasek. This funding values iCapital at over $6 billion and aims to enhance its technology platform, expand investment strategies, and pursue strategic acquisitions. Since July 2021, iCapital has seen significant growth, managing over $104 billion in assets, with international clients contributing $22 billion. The company is transforming access to alternative investments for high-net-worth individuals.