Apollo Management(APO)

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Master the Art of Headlines: Join Ann Wylie for a Free Webinar to Boost Press Release Impact!
GlobeNewswire News Room· 2025-01-21 14:00
Group 1 - The webinar hosted by Ann Wylie aims to teach participants how to create effective press release headlines that attract attention and enhance media coverage [1][2] - Ann Wylie is a recognized communications expert with extensive experience, having worked with major organizations like Coca-Cola and Salesforce, and has received 60 awards for her contributions [2] - The session is scheduled for January 28, 2025, from 11am to 12pm ET, and includes a free workbook for attendees to improve their writing skills [2] Group 2 - The webinar emphasizes the importance of compelling headlines in a crowded media landscape, serving as the first opportunity to engage the audience [2] - Participants will learn techniques to highlight the value of their stories, select impactful words, and optimize headlines for SEO to maximize visibility [3] - Notified, the organization behind the webinar, has over 30 years of experience in press release distribution and offers tools for media monitoring and investor relations [4][5]
Business Community Responds to Southern California Wildfire Crisis
Newsfilter· 2025-01-15 14:00
Core Insights - The article highlights the significant relief efforts by various organizations in response to the devastating wildfires affecting the Los Angeles metropolitan area, emphasizing the mobilization of resources and support for impacted communities [1][2]. Group 1: Company Contributions - Verizon has pledged $1 million in donations, divided between the American Red Cross and the Los Angeles Fire Department Foundation, to support emergency relief efforts and provide essential equipment for firefighters [6]. - Airbnb.org is offering free, temporary housing for displaced individuals and relief workers, having previously provided 1.4 million nights of emergency housing to over 250,000 people globally [6]. - Bridger Aerospace has deployed its CL-415EAF "Super Scooper" aircraft to California, marking the earliest seasonal deployment in the company's history to assist with firefighting efforts [6]. Group 2: Community Support Initiatives - Multiple restaurant chains are supporting first responders, with Denny's providing free Original Grand Slam breakfasts and coffee at 164 locations, while Round Table Pizza is offering free personal cheese pizzas across their Los Angeles area restaurants [6]. - Commerce Casino and Hotel is providing emergency accommodations for displaced employees and their families, collaborating with local emergency services [6]. - Avocado Green Mattress is offering employee-level discounts and accepting donation requests to assist affected individuals and families in rebuilding, with expedited delivery for fire-affected customers [6].
Notified and CIRI Strengthen Alliance to Empower Investor Relations Professionals
Newsfilter· 2025-01-15 14:00
Core Insights - Notified has renewed its strategic partnership with the Canadian Investor Relations Institute (CIRI) for the third consecutive year, emphasizing its commitment to providing innovative AI-powered tools for investor relations professionals [1][3] - The partnership aims to enhance educational initiatives, training programs, and networking opportunities for CIRI members, helping them adapt to the evolving communications landscape [2][3] - CIRI is dedicated to improving the investor relations profession by offering resources on best practices, including ESG, sustainability, and cybersecurity, while establishing standards for education and certification [3][7] Company Overview - Notified is recognized as a leader in technology solutions for public relations and investor relations, with a history of over 30 years in press release distribution and regulatory filing services [5] - The company is part of West Technology Group, LLC, which is controlled by affiliates of certain funds managed by Apollo Global Management, Inc. [6] Upcoming Events - Notified will participate in the CIRI Annual Investor Relations Conference scheduled for June 18-20, 2025, at Queen's Landing in Niagara-on-the-Lake, Ontario [4]
Apollo Makes Key Leadership Appointments Aligned to Firm's Five-Year Plan Announced at 2024 Investor Day
Newsfilter· 2025-01-15 13:30
Core Viewpoint - Apollo Global Management has announced significant leadership changes, including the appointment of Jim Zelter as President and John Zito as Co-President of Apollo Asset Management, reflecting the company's operational expansion and growth plans [1][2][3] Group 1: Leadership Changes - Jim Zelter has been appointed as President of Apollo Global Management, working closely with CEO Marc Rowan to implement a five-year strategic plan [1][3] - John Zito has been named Co-President of Apollo Asset Management, alongside Scott Kleinman, overseeing all investing activities and daily management [2][3] - These appointments are part of Apollo's strategy to strengthen its leadership team and align with its growth objectives in the financial services sector [3] Group 2: Strategic Vision - CEO Marc Rowan emphasized the importance of adapting to trends such as the convergence of public and private markets and the evolving role of financial institutions [3] - The leadership changes are designed to enhance Apollo's capabilities in alternative asset management and retirement services, aiming to meet modern investment needs [3][4] - As of September 30, 2024, Apollo manages approximately $733 billion in assets, showcasing its significant market presence and growth potential [4]
Apollo Makes Key Leadership Appointments Aligned to Firm's Five-Year Plan Announced at 2024 Investor Day
GlobeNewswire News Room· 2025-01-15 13:30
Core Insights - Apollo Global Management has announced key leadership changes, including the appointment of Jim Zelter as President and John Zito as Co-President of Apollo Asset Management, reflecting the company's operational expansion and growth plans [1][2][3] Leadership Changes - Jim Zelter has been appointed as President of Apollo Global Management, working closely with CEO Marc Rowan to implement a five-year strategic plan [1][3] - John Zito has been named Co-President of Apollo Asset Management, alongside Scott Kleinman, overseeing all investment activities and daily management [2][3] Strategic Vision - CEO Marc Rowan emphasized the importance of these appointments in strengthening Apollo's position in response to trends such as the convergence of public and private markets and the evolving role of financial institutions [3] - The leadership changes are part of a broader five-year plan aimed at capitalizing on emerging opportunities in the financial services sector [3] Company Overview - Apollo is a high-growth global alternative asset manager with approximately $733 billion in assets under management as of September 30, 2024 [4] - The company focuses on providing clients with excess returns across various risk-reward spectrums, including investment-grade credit and private equity [4]
Apollo and Standard Chartered Form US$3B Financing Partnership for Global Infrastructure and Energy Transition Credit
Newsfilter· 2025-01-14 13:00
Core Viewpoint - Standard Chartered has acquired a minority stake in Apterra, an Apollo platform focused on infrastructure debt origination, to enhance financing for infrastructure, clean transition, and renewable energy projects globally [1][3]. Partnership Details - The partnership aims to contribute up to US$3 billion in clean energy and transition financing across various asset classes and sectors [2]. - Standard Chartered will primarily support investment origination through Apterra, which specializes in structuring and deploying debt capital for infrastructure transactions [3][5]. Strategic Importance - The collaboration is expected to accelerate financing and investment activities in next-gen infrastructure and sustainable power, addressing the growing capital demands in these sectors [4]. - Standard Chartered's expertise in infrastructure lending, particularly in Asia, Africa, and the Middle East, complements Apollo's capabilities, enhancing the scale of financing and project participation [6][7]. Apterra's Growth - Apterra, founded in 2023, has executed over US$4.8 billion in transactions and is positioned for further growth with Standard Chartered's strategic equity support [5]. - The partnership is seen as a significant growth driver for Apollo's Clean Transition business and broader Infrastructure Credit platform [5]. Financial Context - Apollo has deployed more than US$40 billion into energy transition and climate-related investments over the past five years, indicating a strong demand for capital in these areas [4].
Apollo to Acquire Argo Infrastructure Partners
GlobeNewswire· 2025-01-13 13:00
Core Insights - Apollo has announced an agreement to acquire Argo Infrastructure Partners, a mid-market asset manager focused on essential infrastructure assets in North America, in a stock and cash transaction [1][4] - The acquisition will add approximately $6 billion of high-quality assets to Apollo's infrastructure platform and enhance its capabilities in core and core plus infrastructure equity opportunities [1][2] Company Overview - Argo Infrastructure Partners, established in 2013, has a successful track record in sectors such as digital infrastructure, renewable energy, transportation, and utilities [2][8] - The firm manages over $6 billion in assets and focuses on delivering long-term value through responsible and sustainable investing [8] Strategic Alignment - The acquisition is expected to broaden Apollo's Sustainability & Infrastructure strategies and enhance its origination capabilities in key sectors, particularly digital infrastructure and energy transition [2][4] - Apollo's global reach and resources are seen as complementary to Argo's mission of delivering innovative investment strategies in a vital sector [3][4] Financial Impact - The transaction is anticipated to be modestly accretive to Apollo's fee-related earnings in 2026 [4] - The deal is subject to customary closing conditions, including regulatory approvals, and is expected to be completed in the second quarter of 2025 [4]
Apollo on Hiring Spree as It Seeks to Expand Business in Japan
ZACKS· 2025-01-09 15:46
Group 1 - Apollo Global Management LLC (APO) aims to expand its Asia wealth business in Japan by hiring ten new employees and plans to double its staffing in the region over the next two years [1][2] - The Private Wealth business, launched in 2022, has raised nearly $5 billion from wealthy investors in Asia and is expected to be a key growth driver for Apollo in Japan [1][2] - The company targets raising at least $150 billion for its global wealth business by 2029 [1] Group 2 - Japan's private equity market is experiencing significant growth, with the country accounting for 30% of total private equity deal value in the Asia-Pacific region in 2023, a substantial increase from a 7% average over the previous five years [3] - In 2023, Japan recorded a 23% year-over-year increase in deal value, totaling approximately $123 billion [3] - Factors such as improved corporate governance and a weaker yen have contributed to Japan's attractiveness for investment, coinciding with a boom in dealmaking over the past two years [4] Group 3 - Over the past six months, APO shares have increased by 36.8%, outperforming the industry average rise of 26.5% [5] - Apollo currently holds a Zacks Rank of 3 (Hold) [6]
GFL Environmental Inc. Announces Agreement to Sell Environmental Services Business Valued at $8.0 Billion
Prnewswire· 2025-01-07 11:00
Core Viewpoint - GFL Environmental Inc. has entered into a definitive agreement to sell its Environmental Services business for an enterprise value of $8.0 billion, retaining a $1.7 billion equity interest and expecting net cash proceeds of approximately $6.2 billion after taxes and retained equity [1][4]. Financial Impact - GFL plans to use up to $3.75 billion of the net proceeds to repay debt, with up to $2.25 billion allocated for share repurchases, subject to market conditions [2][4]. - The transaction is expected to result in a pro forma Net Leverage of 3.0x, enhancing financial flexibility and accelerating the path to an investment-grade credit rating [2][4]. - The repayment of debt is anticipated to reduce annualized cash interest expense by approximately $200 million, significantly improving free cash flow conversion [3][4]. Strategic Benefits - The sale is viewed as a testament to the quality of GFL's Environmental Services business, exceeding initial expectations [3][4]. - GFL retains an equity interest in the Environmental Services business, allowing participation in future value creation while monetizing the business in a tax-efficient manner [3][5]. - The transaction maintains synergies between GFL's Environmental Services and Solid Waste businesses, positioning GFL for future growth opportunities [4][5]. Transaction Details - GFL will retain a 44% equity interest in the Environmental Services business, while Apollo Funds and BC Partners will each hold a 28% equity interest [5]. - The transaction is expected to close in the first quarter of 2025, subject to customary closing conditions [5][6]. - The board of directors unanimously approved the transaction based on a fairness opinion from an independent financial advisor [6].
Apollo Reports Q4 Preliminary Net Investment Income of $265M
ZACKS· 2025-01-03 17:51
Apollo Global Management, Inc. (APO) and its subsidiary, Athene Holding Ltd., reported preliminary estimates of the company’s alternative net investment income for the fourth quarter of 2024.Alternative net investment income is a component of spread related earnings, which is used to assess the performance of the company's Retirement Services segment.APO’s Preliminary Net Investment Income DetailsThe company estimates alternative net investment income to be nearly $265 million (pre-tax) for the fourth quart ...