Apollo Global Management

Apollo Global Management, Inc. provides asset management services. It offers its clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid, and equity. The company was founded in 1990 and is headquartered in New York, NY.

Earnings data Q1 2021

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Apollo Global Management excels in Q1 earnings and strategic positioning

Apollo Global Management's Q1 performance reflects strong earnings and strategic positioning in various business segments. The company's focus on low purchase prices, recurring income streams, and growth investments bodes well for future success.

Apollo Global Management reports record earnings and eyes strategic growth

Apollo Global Management's Q2 2023 Earnings Call showcased strong financial performance, particularly in fee-related and spread-related earnings. The company's focus on private equity, private credit, and strategic growth opportunities positions it well for future success despite anticipated challenges.

Apollo Global Management reports record earnings and outlines growth strategies

Apollo Global Management's Q3 2023 earnings call highlighted record earnings, strong performance in key business segments, and strategic initiatives for future growth. The company remains focused on disciplined strategies, aligning incentives, and navigating market challenges to capitalize on growth opportunities. Investors should pay attention to their continued success in asset management and retirement services.

Apollo Global Management reports record earnings and strategic growth plans

Apollo Global Management's Q4 2023 earnings call highlighted strong financial performance, strategic focus on growth, and cautious approach to expansion. The company aims to double earnings by 2026, increase origination capabilities, and pivot towards hybrid investments. Challenges include managing return differentials, capital allocation, and maintaining quality in growth strategies.

Apollo Global Management reports robust Q1 results and eyes growth opportunities

Apollo Global Management's Q1 performance reflects strong financial results, record inflow, and capital formation, positioning the company for continued growth.
Despite challenges such as higher costs impacting SRE, Apollo's focus on managing costs, strategic investments, and growth opportunities bode well for the future.
The company's strengths in investment returns, risk management, and partnerships, coupled with opportunities in private markets and asset-backed finance, showcase a promising outlook.
Navigating challenges like tax rate increases and market uncertainties, Apollo remains focused on sustainable growth, delivering value to shareholders, and seizing opportunities ahead.

Apollo Global Management reports record earnings and growth opportunities

Apollo Global Management delivered strong financial results, driven by record inflows and robust performance across its franchises. While facing challenges such as lower net spread and growth expectations, the company remains well-positioned for growth. With opportunities in expanding markets and a clear growth strategy, Apollo shows resilience and potential for future success.

Apollo Global Management reports record earnings and outlines ambitious growth targets

Apollo Global Management's Q3 performance reflects strong financial results, ambitious growth targets, and strategic focus on key areas like retirement services and origination capacity. The company's strengths lie in robust fee-related earnings, disciplined cost management, and solid spread profitability. Challenges include maintaining growth momentum, optimizing capital allocation, and managing potential margin headwinds. Opportunities exist in various sectors like industrial renaissance, retirement solutions, and innovative private assets.

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Apollo Global Management, Inc. provides asset management services. It offers its clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid, and equity. The company was founded by Marc Rowan in 1990 and is headquartered in New York, NY.

Wells Fargo analyst Finian O'Shea reaffirmed bullish views on KKR and Apollo Management stock, noting they could join the index.

Apollo, KKR Could Join S&P 500 After Blackstone, Says Analyst

NEW YORK, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Martin Kelly, Chief Financial Officer, will participate in a fireside chat at the Barclays Financial Services Conference on Tuesday, September 12, 2023 at 9:45 am ET.

Apollo to Present at Barclays Financial Services Conference

MOBILE, Ala., Sept. 05, 2023 (GLOBE NEWSWIRE) -- TeleVox, the industry-leading provider of omnichannel digital patient engagement technology, has acquired the Odeza patient engagement business from Ensemble Health Partners (Ensemble), the leading revenue cycle management company for hospitals, health systems and physician practices.

TeleVox Acquires Odeza Patient Engagement Business from Ensemble Health Partners

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)--Phoenix Holdings Ltd., a leading Israel-based insurance, asset management, and financials group (TASE: PHOE) (“Phoenix”), and Apollo (NYSE: APO) announced today that, as part of their ongoing collaboration, they are launching a partnership for the deployment and co-investment of Phoenix client and corporate assets. This partnership will be based on an evergreen structure allowing Phoenix to participate in up to $2 billion of investments as a strateg.

Phoenix and Apollo Launch Global Origination Partnership

Gladstone Investment

Great Elm Capital

Gladstone Capital

JPMorgan Chase & Co

August saw four new preferred stock/ETD offerings with dividend yields ranging from 6.75% to 8.75%. CDx3 preferreds ranked 10 out of 10 are selling at an average discount to par of about 8.2% and offer an average current yield of 6.47%. Asset management firm Apollo Global priced an offering of mandatory convertible preferred stock at $50/share.

New ETD And Preferred Stock IPOs, August 2023

NEW YORK--(BUSINESS WIRE)--Yahoo today announced new AI tools for Yahoo Mail that expand its existing AI beta experience, including an all-new shopping feature – Shopping Saver. Aiming to save everyone time and money, Yahoo is bringing innovation to the inbox and redefining the user experience. Unique to Yahoo Mail, Shopping Saver surfaces long-forgotten gift cards, discount codes, and store credits in user inboxes, and drafts suggested messages to vendors to help apply those savings after a pu.

Yahoo Mail Debuts AI Enhancements for a Smarter Inbox

Arconic

Apollo Global Management Inc.'s APO, +0.76% Arconic Corp. said late Friday it had named Chris Ayers as its new chief executive and board chairman, effective Sept. 11. Ayers has served on the industrial company's board for seven years and held several executive positions in “key businesses” within Alcoa, the company's predecessor, before this board role, Arconic said.

Apollo names Chris Ayers new Arconic CEO

Hostess Brands

Hostess Brands is reportedly exploring a sale. The stock is already generously valued, which may limit its near-term upside in a takeover scenario.

Why Hostess Brands Stock Suddenly Skyrocketed on Friday

Blackstone Group

Carlyle Group

Per SEC's new rules to increase transparency, BX, CG, APO and KKR will have to issue quarterly fee and performance reports, and disclose fee structures.

SEC Adopts Rules to Increase Transparency Among Private Funds

NEW YORK--(BUSINESS WIRE)--Yahoo today announced the acquisition of Commonstock, a broker-agnostic social and community-based platform that drives insights for retail investors. The acquisition advances the power of community for Yahoo Finance and accelerates the brand's strategy to deliver unparalleled retail investing resources, solutions and experiences to investors of all skill sets and levels. "Our vision for Yahoo Finance is to be the premier singular destination for all our customer's fi.

Yahoo Acquires Commonstock to Expand Community, Deepen Insights For Yahoo Finance Users

NEW YORK, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that long time Apollo advisor David Moffatt has been named as Chair of Apollo's operations in Australia and New Zealand. Moffatt brings more than 30 years of leadership experience to the new role, having held executive and senior leadership positions for corporations in Australia, Europe, North America and Asia. He has served as a Senior Advisor to Apollo since January 2019.

Apollo Names David Moffatt as Chair of Australia and New Zealand Amid Continued Expansion in the Region

Significant Investment to Establish Platform Supporting the Energy Transition by Providing Critical Equipment for Compressed Gas Logistics Significant Investment to Establish Platform Supporting the Energy Transition by Providing Critical Equipment for Compressed Gas Logistics

Apollo Funds Acquire Composite Advanced Technologies, Inc, a Leading Manufacturer of Transportation and Storage Solutions for Hydrogen and Compressed Natural Gas

TOPS Positioned for Continued Expansion Following Record Growth in 2023 New and Existing Lenders Commit to Upsized Facility

Total Operations and Production Services (TOPS) Announces Upsized Credit Facility

Apollo Global Management pulled out of supporting Tesla chief Elon Musk's plans to acquire Twitter. Shares have gained 47% since.

Private Equity Firm Rises 47% Since Pulling Out Of Elon Musk's Twitter Buyout

PITTSBURGH & NEW YORK--(BUSINESS WIRE)--Arconic Corporation (“Arconic” or the “Company”) and Apollo (NYSE: APO) today announced that Apollo Funds have completed the previously announced acquisition of the Company, which includes a minority investment from funds managed by affiliates of Irenic Capital Management (“Irenic”). The Company will continue to operate under the Arconic name and brand. Tim Myers, Arconic Chief Executive Officer, said, “The closing of this transaction with Apollo Funds br.

Arconic Completes Transaction with Apollo Funds

Chesapeake Energy

Mercury Systems

NEW YORK , Aug. 16, 2023 /PRNewswire/ -- Chesapeake Energy Corp. (NASD:CHK) will replace Mercury Systems Inc. (NASD: MRCY) in the S&P MidCap 400, and Mercury Systems will replace Arconic Corp. (NYSE: ARNC) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, August 21. Apollo Global Management Inc. (NYSE:APO) is acquiring Arconic in a deal that is expected to close soon, pending final closing conditions.

Chesapeake Energy Set to Join S&P MidCap 400

NEW YORK, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (the “Issuer,” and together with its consolidated subsidiaries, “Apollo”) today announced that it has commenced an offering of its Fixed-Rate Resettable Junior Subordinated Notes (the “notes”), subject to market and other conditions (the “Offering”). The notes will be fully and unconditionally guaranteed by Apollo Asset Management, Inc. (“AAM”), Apollo Principal Holdings I, L.P., Apollo Principal Holdings II, L.P., Apollo Principal Holdings III, L.P., Apollo Principal Holdings IV, L.P., Apollo Principal Holdings V, L.P., Apollo Principal Holdings VI, L.P., Apollo Principal Holdings VII, L.P., Apollo Principal Holdings VIII, L.P., Apollo Principal Holdings IX, L.P., Apollo Principal Holdings X, L.P., Apollo Principal Holdings XII, L.P., AMH Holdings (Cayman), L.P. and Apollo Management Holdings, L.P. Apollo expects to grant the underwriters a 30-day option to purchase additional notes solely to cover over-allotments, if any.

Apollo to Offer Fixed-Rate Resettable Junior Subordinated Notes

Apollo's Q2 results have convinced many investors, leading to a jump in share prices. The company's fee-generating assets under management are growing rapidly, primarily due to inflows from retirement services. Apollo's capital solutions business is quickly growing as well, allowing the company to provide capital for major companies and generate transaction fees.

Apollo Is Winning The Race And Should Help Compound Your Portfolio

Yellow

The firm exited its loan investment after rival lenders offered better terms to finance Yellow's liquidation.

Apollo-Led Lenders Sell Yellow Loan to Citadel

Apollo Global Management is selling off a $500 million term loan given to Yellow Corp and dropping plans to extend financing to fund the freight group's bankruptcy, the Financial Times reported on Tuesday.

Apollo Global pulls out of Yellow's bankruptcy financing plan

NEW YORK, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (the “Issuer,” and together with its consolidated subsidiaries, “Apollo”) today announced that it has priced an offering of $1,250.0 million (25,000,000 shares) of its 6.75% Series A Mandatory Convertible Preferred Stock, par value $0.00001 per share (the “Mandatory Convertible Preferred Stock”) at a price to the public and liquidation preference of $50.00 per share. The offering was upsized from the previously announced size of $1,000.0 million (20,000,000 shares). The underwriters have a 30-day option to purchase up to an additional $187.5 million (3,750,000 shares) of Mandatory Convertible Preferred Stock solely to cover over-allotments, if any. The offering is expected to close on August 11, 2023, subject to customary closing conditions.

Apollo Upsizes and Prices Offering of Mandatory Convertible Preferred Stock

NEW YORK, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (the “Issuer,” and together with its consolidated subsidiaries, “Apollo”) today announced that it has commenced an offering of $1,000.0 million (20,000,000 shares) of its Series A Mandatory Convertible Preferred Stock, par value $0.00001 per share (the “Mandatory Convertible Preferred Stock”), subject to market and other conditions (the “Offering”). Apollo expects to grant the underwriters a 30-day option to purchase up to an additional $150.0 million (3,000,000 shares) of Mandatory Convertible Preferred Stock to cover over-allotments, if any.

Apollo to Offer Series A Mandatory Convertible Preferred Stock

Positions Trusted Brand for Continued Expansion Amid Increasing Focus on Sustainability & Recycling Solutions Positions Trusted Brand for Continued Expansion Amid Increasing Focus on Sustainability & Recycling Solutions

Apollo Impact to Acquire Accent Family of Companies, a Leading Value-Added Distributor and Manufacturer of Baling Wires and Equipment Servicing the Recycling and Waste Management Industries

Asset management stock Apollo Global hit a 52-week high and is in the buy zone after the company reported strong earnings growth.

Asset Management Stock Hits Buy Point After Revenue Tops $13 Billion

Apollo Global Management, Inc. (NYSE:APO ) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Noah Gunn - MD & Global Head, IR Marc Rowan - Co Founder, CEO & Director Jim Zelter - Co President, Apollo Asset Management Martin Kelly - CFO Conference Call Participants Glenn Schorr - Evercore ISI Alexander Blostein - Goldman Sachs Group Patrick Davitt - Autonomous Research Michael Brown - KBW Michael Cyprys - Morgan Stanley Rufus Hone - BMO Capital Markets Benjamin Budish - Barclays Bank Adam Beatty - UBS Operator Good morning, and welcome to Apollo Global Management's Second Quarter 2023 Earnings Conference Call. [Operator Instructions].

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