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Apollo Global Management, Inc. - APO STOCK NEWS

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.

News

Energos Infrastructure Announces Transformative Marine LNG Asset Transaction with Long Term Charter Contracts in Germany

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Energos Infrastructure (APO) completes acquisition of two state-of-the-art FSRUs from Dynagas, becoming the largest owner and operator of LNG marine infrastructure vessels in Europe.
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Apollo to Announce Fourth Quarter and Full Year 2023 Financial Results on February 8, 2024

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Apollo (NYSE: APO) plans to release financial results for the fourth quarter and full year 2023 on Thursday, February 8, 2024, before the opening of trading on the New York Stock Exchange. Management will review Apollo’s financial results at 8:30 am ET via public webcast available on Apollo’s Investor Relations website at ir.apollo.com. A replay will be available one hour after the event. Apollo distributes its earnings releases via its website and email lists. Those interested in receiving firm updates by email can sign up for them here.
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Apollo Adds ELTIF to Wealth Product Platform Following CSSF Regulatory Approval

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Apollo (NYSE: APO) announced the launch of the Apollo Clean Transition Equity ELTIF to provide European investors with greater access to private equity opportunities focused on the transition to clean energy and sustainable industry. The Fund will be accessible to European investors in their local currency and will be fully funded at launch. The launch supports Apollo's goal of deploying $50B in clean energy and climate capital by 2027. Over the last five years, Apollo-managed funds have deployed over $23 billion into energy transition and sustainability-related investments.
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Apollo to Present at the Goldman Sachs 2023 US Financial Services Conference

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Apollo (NYSE: APO) CEO Marc Rowan to Participate in Fireside Chat at Goldman Sachs 2023 US Financial Services Conference
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Apollo Funds and CATEC Launch Hydria Through Acquisition of Kelley Leasing Partners

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Apollo (NYSE: APO) and CATEC have launched Hydria, a high-growth compressed gas platform providing equipment and services supporting the CNG, RNG, helium, and hydrogen value chain. The acquisition of Kelley Leasing Partners enhances Hydria's equipment scale and diversification, along with additional manufacturing capabilities and significant industry expertise. Seasoned industry executive Scott Prince has been appointed as CEO, bringing extensive experience to the Company from prior collaborations with Apollo affiliates across energy transition growth projects.
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Traditional Touch in a Digital Age: The Resurgence of Physical Cards and Personalized Gifts Among Younger Generations

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Shutterfly | New Survey Reveals Millennials and Gen Z Favor Physical, Personalized Holiday Cards - A new survey conducted by OnePoll alongside Shutterfly unveils surprising trends in holiday cards and gifting, with a resurgence in the popularity of tangible holiday expressions. Younger generations prefer physical cards and personalized gifts, with 62% of millennials and 59% of Gen Z favoring physical cards. The findings also highlight a universal tilt towards unique, personalized messages, with 55% choosing customized greetings over generic or AI-generated options.
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Apollo Prices Offering of Senior Notes

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Apollo Global Management, Inc. (NYSE: APO) announces the pricing of $500 million aggregate principal amount of 6.375% Senior Notes due 2033. The notes will be guaranteed by Apollo Asset Management, Inc. and others. The proceeds will be used to retire the 4.000% Senior Notes due 2024.
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Apollo Funds and Vitol Announce WattEV Financing Partnership

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Apollo (NYSE: APO) and Vitol Provide Financing to WattEV for Electric Charging Infrastructure Development and Electric Vehicle Trucks
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Apollo to Offer Senior Notes

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Apollo (NYSE: APO) announces commencement of offering senior notes fully guaranteed by Apollo Asset Management, Inc. and others, to repurchase $500 million 4.000% Senior Notes due 2024 issued by AMH. BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, and RBC Capital Markets, LLC act as joint book-running managers.
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Apollo to Host Platform Origination Deep Dive on November 14, 2023

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Apollo (NYSE: APO) to Host Platform Origination Deep Dive Session on Nov. 14, 2023
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FAQ

What is the current stock price of Apollo Global Management (APO)?

The current stock price of Apollo Global Management (APO) is $167.56 as of November 22, 2024.

What is the market cap of Apollo Global Management (APO)?

The market cap of Apollo Global Management (APO) is approximately 95.5B.

What does Apollo Global Management do?

Apollo Global Management specializes in managing investments in private equity, credit, and real estate. They also manage retirement services through Athene.

How much in assets does Apollo Global Management manage?

As of December 31, 2023, Apollo manages approximately $651 billion in assets.

What sectors does Apollo Global Management invest in?

Apollo invests in various sectors including chemicals, manufacturing, natural resources, consumer services, financial services, leisure, media, and technology.

What recent partnerships has Apollo Global Management formed?

Apollo recently partnered with MassMutual, making it a minority equity owner in ATLAS SP Partners. They also entered into a strategic acquisition with Panasonic Automotive Systems Corporation.

What is a significant recent investment by Apollo Global Management?

Apollo recently acquired U.S. Silica Holdings, Inc. for $1.85 billion, further diversifying its investment portfolio.

What is Apollo Global Management's investment philosophy?

Apollo employs a contrarian, value-oriented investment approach with significant expertise in distressed assets.

What is the primary revenue segment for Apollo Global Management?

The majority of Apollo's revenue comes from its Retirement Services segment through Athene.

How does Apollo Global Management support renewable energy?

Apollo has invested in renewable energy projects, such as Great Bay Renewables’ $10.1 million facility with Hexagon Energy for solar developments.

What distinguishes Apollo Global Management from other investment managers?

Apollo's integrated business model allows for seamless capital deployment across a diverse portfolio, setting it apart from other investment managers.

How does Apollo Global Management maintain financial strength?

Apollo maintains financial strength through strategic acquisitions, partnerships, and a focus on innovative capital solutions.

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Apollo Global Management, Inc.

Nasdaq:APO

APO Rankings

#135 Ranked by Market Cap
#1744 Ranked by Dividends

APO Stock Data

95.51B
413.52M
26.75%
62.06%
4.83%
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