apollo global management companies

[190], In May 2022, Apollo acquired the US asset management business of Griffin Capital. Insights about top trending companies, startups, investments and M&A activities. [80], In February 2008, Apollo acquired Regent Seven Seas Cruises from Carlson Companies for $1 billion. Apollo Global Management Inc. and BlackRock Inc. were lined up to back PNC Financial Services Group Inc.'s ultimately unsuccessful pursuit of troubled First Republic Bank, according to people . The firm offers performing and non-performing loans, insurance-linked securities, asset-backed securities, distressed debt, senior bank loans, structured credit, and other fixed-income products to . As the United States housing market correction accelerated in 2008, Realogy faced financial pressures due to its debt load. Global Wealth Management Solutions . Eliant is providing flexible capital solutions for an ever-changing world by helping companies optimize their supply chains. Sirius Satellite Radio, University of Phoenix, and Smart and Final are the other companies owned by Apollo. Apollo Commercial Real Estate Finance (NYSE: ARI) MidCap Financial Investment Corp. (NASDAQ: MFIC) Preferred Stockholders. A leading contributor to addressing some of the biggest issues facing the world today such as energy transition, accelerating the adoption of new technologies, and social impact where innovative approaches to investing can make a positive difference. The Credit segment focuses on the investment in non-control corporate and structured debt instruments including performing, stressed, and distressed instruments across the capital structure. Apollo Global Management (formerly known as Tango Holdings) is an alternative asset management company. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Constellis is a private military contractor that was created as a result of a merger between rival contractors Triple Canopy and Academi in 2014. List of top Apollo Portfolio Companies - Crunchbase Hub Profile [191][192], In July 2022, investment funds managed by Apollo acquired Tenneco for $7.1 billion. [170][171][172], In April 2021, Apollo launched Apollo Origination Partnership, a $1.8 billion direct-lending fund seeking unlevered returns of 8-10% and 12-14% leveraged returns. April 26 (Reuters) - Apollo Global Management Inc (APO.N) has launched a $4 billion fund to invest in companies looking to transition to clean energy, the private equity giant said on Wednesday . [2] Founded in 1990 by Leon Black, Josh Harris, and Marc Rowan, it provides investment management and invests in credit, private equity, and real assets. The leading provider of capital solutions to companies. Learn more in the Weekly Brief. | Apollo is a high-growth, global alternative asset manager. In addition to its private funds, Apollo operates Apollo Investment Corporation (AIC), a US-domiciled publicly traded, private-equity, closed-end fund and business development company. [54], In August 2006, TNT N.V. announced that it had agreed to the sale of its logistics division to Apollo for $1.9 billion. [141], In October 2018, funds managed by Apollo Global Management acquired a portfolio of $1 billion in energy investments from GE Capital's Energy Financial Services unit. [115][116], In June 2015, Apollo agreed to acquire OM Group for $1.03 billion. This rating has improved by 6% over the last 12 months. In 2002, Ares completed a corporate spin-off from Apollo management. Apollo Group and the companies it manages have had considerable success in identifying and acquiring world class projects in commodities such as gold, coal, uranium, iron ore, and base metals. Apollo Global Management, Inc. engages in the provision of alternative investment management services. But, perhaps the real lead example of insurance related investment float accumulation is Apollo Global Management, Inc. Apollo has hit a new high of $414 billion of assets under its management in . Our clients rely on our investment acumen to help secure their future. . Apollo Global Management, Inc. | LinkedIn At all levels, we empower our people to make decisions and coach them to accelerate their personal development as leaders. Middle managers play an essential role in the freelance revolution. Providing innovative solutions throughout the capital structure to fund growth and build stronger businesses. Private Equity Round - The North Road Company, Motive Ventures acquired by Motive Partners, EnVen Energy Corporation acquired by Talos Energy, Windsor Mold acquired by ABC Technologies, MIDEO acquired by US Acute Care Solutions, Investor, Startup, Company or School that the hub is based on, Total number of organizations associated with this hub, Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of founders of organizations in the hub, Average date the Organization was founded, Percentage of organizations in this hub that have been acquired, Percentage of organizations that have gone public with an IPO, Total number of for-profit companies in this hub, Top 5 investor types represented in this hub, Last Funding Round type of organizations in the hub (e.g. Leaders are expected to be confident. AIC provides mezzanine debt, senior secured loans, and equity investments to middle-market companies, including public companies, although it historically has not invested in companies controlled by Apollo's private-equity funds. Some leading indicators are potentially signaling that the labor market is on the cusp of slowing down. Their most recent diversity investment was on Jan 31, 2022, when Legendary Entertainment raised $760M. Bain Capital is considering a competing offer to Silver Lake's $2.4 billion acquisition deal for Germany's Software AG, Bloomberg reported. What's the most common final funding type when companies get acquired? Apollo Global Management, Inc. is an American global private equity firm. Novitex is a document-outsourcing provider that manages business-critical services for over 500 companies across 10 industries. Individual investors have long been told that a diversified portfolio of public equities and bonds is the key to a successful retirement plan. It is an American Global Investment Management Firm. Apollo is a high-growth alternative asset manager. Marc Rowan, CEO of Apollo Global Management, andMaverick Carter, CEO of The SpringHill Company, share what they have learned stepping into the CEO role and working to build the right culture and legacy for their respective firms. Among the investments made in Fund III (invested through 1998) were: Alliance Imaging, Allied Waste Industries, Breuners Home Furnishings, Levitz Furniture,[25] Communications Corporation of America, Dominick's, Ralphs (acquired Apollo's Food-4-Less), Move.com, NRT Incorporated,[26] Pillowtex Corporation,[27] Telemundo,[28] and WMC Mortgage Corporation.[29]. While remote work has its challenges, it can become a source of employee engagement. Apollo Senior Floating Rate Fund (NYSE: AFT) Apollo Tactical Income Fund . 12. [152] On October 23, 2019, AGM announced it signed agreements to take a 48.6% stake in Italian gambling group Gamenet SPA. [125][126][127][128], In February 2017, Apollo Education Group, the parent company of the University of Phoenix, was acquired by investment funds managed by Apollo and the Vistria Group, for $1.14 billion. While that held true for a long timethe mantra is now being challenged. [169], In March 2021, Leon Black resigned as CEO and chairman after revelations that he paid Jeffrey Epstein $158 million for personal tax-related advice between 2012 and 2017. The founders of Apollo are Leon Black, Josh Harris, and Mark Rowan. [193], In 2022, investment funds managed by Apollo acquired Chicago-based grocer Tony's Fresh Market,[194] and California-based grocer Cardenas,[195] and Miller Homes from Bridgepoint Group.[196]. Lion Advisors was replaced by Ares Management. Blackstone is a private equity, alternative asset management, and financial services firm. [144] However, on February 14, 2019, Cox Media Group announced that it was selling its 14 television stations to Apollo. We have a value-oriented approach across private equity, credit, and real estate. [96][97], In January 2011, Apollo acquired 51% of Alcan Engineered Products from Rio Tinto Group. Even with the threat of ransomware, the transition from managing infrastructure to managing data could not have happened at a better time. The COVID-19 pandemic weighed on demand for many of Tronox's products, but the company has said its core markets are recovering as the world's major economies bounce back. Aspen Insurance Holdings Limited . Use Forbes logos and quotes in your marketing. Exclusive news, data and analytics for financial market professionals, Reporting by Greg Roumeliotis in New York; Editing by Will Dunham and Nick Zieminski, How JPMorgan's Dimon won the First Republic deal, Tesla raises prices in US, China, Japan and Canada, HSBC rewards shareholders with buyback, dividend as profit triples, In race for efficient EVs, Mercedes taps F1 team to keep up with Tesla. Which companies in this hub have the most subsidiaries? [21], In 1993, Apollo Real Estate Advisers was founded in collaboration with William Mack to seek opportunities in the U.S. property markets. Apollo is headquartered in the Solow Building at 9 West 57th Street in New York City,[1] with offices across North America, Europe, and Asia. [20] One of Apollo's earliest and most successful deals involved the acquisition of Executive Life Insurance Company's bond portfolio. Learn how Apollo's Private Equity platform helps companies across our portfolio create long-term sustainable value. Hexion announced in July 2007 that it was acquiring Huntsman Corporation, a major specialty-chemicals company, in a $6.5 billion leveraged buyout. Apollo has made 74 investments. Hear more At Apollo, we aim to integrate sustainability into everything we do. It operates through the following segments: Credit, Private Equity, and Real Assets. The fund, ACT Capital, is part of the $50 billion sustainable investment target Apollo set for itself last year. Marks & Spencer . Global PE deals for May 2, 2023 | PitchBook START FREE TRIAL We believe adhering to our values is integral to our success, allowing us to generate returns for our clients, support great businesses and build an innovative and collaborative culture. Here are six things that highlight how you should behave as a leader given these post-pandemic realities. Apollo Global Management is a global asset management firm that specializes in credit-oriented capital and real estate markets. Institutional investors partner with us to seek excess returns across the risk/reward spectrum. [146] On June 26, 2019, Cox announced that its 60 radio stations, as well as its national advertising business CoxReps, and local OTT advertising agency Gamut, would also be acquired by the new company, which concurrently announced that it would retain the Cox Media Group name instead of Terrier Media. [81], In April 2008, Apollo, TPG Capital, and The Blackstone Group acquired $12.5 billion of bank loans from Citigroup. Apollo and Johnson Controls join forces to provide innovative energy efficiency and decarbonization solutions for commercial buildings. Apollo Global Management - Wikipedia In 1997, Ares Management was founded by Antony Ressler and John H. Kissick, both partners at Apollo, as well as Bennett Rosenthal, who joined the group from the global leveraged finance group at Merrill Lynch, to manage a $1.2 billion market value collateralized debt obligation vehicle. Apollo Global Management CEO Marc Rowan joins Yahoo Finance Live's Brian Sozzi at the Milken Institute Global Conference 2023 in Beverly Hills, CA, to discuss global dealmaking in 2023, JPMorgan's acquisition of First Republic Bank, and the outlook for regional banking. The Asset Management segment focuses on yield, hybrid, and equity investing strategies. Doubt can be an engine for change and creativity. The founders of Apollo are Leon Black, Josh Harris, and Mark Rowan. Apollo is an alternative asset manager with a track-record of sizable private equity deals, profitable debt/credit management, and shrewd real estate acquisition strategy, across a truly global . . [10][11][12], Within six months after the collapse of Drexel, the Apollo launched Apollo Investment Fund L.P., the first of its private-equity investment funds, formed to make investments in distressed companies. Learn more in the Weekly Brief. Tronox was spun out of Kerr-McGee Corp in 2005, and in 2019 it acquired the titanium dioxide business of Saudi Arabia's National Titanium Dioxide Company Ltd from Saudi Arabia's Tasnee. [147] On February 10, 2020, Cox Enterprises bought back the Ohio newspapers it sold to AGM. Apollo Global Management Inc. Cl A Company & People | APO1 | Barron's Yahoo Inc. is an American multinational Technology Company. 1991. save to custom lists or to Salesforce, and get notified when new companies, people, or deals meet your search criteria. Create Comparison. notable investors of these companies, their management team, and recent news are also included. The timing of this separation also coincided with Apollo's legal difficulties with the State of California over its purchase of Executive Life Insurance Company in 1991. NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced the formation of Apollo Clean Transition Capital (ACT Capital), an investment strategy that intends to redefine the capital market for climate solutions. . How are IPOs trending over time in this hub? Apollo Capital Solutions (ACS) is helping companies access Apollos full platform of flexible and holistic capital solutions. It was liquidated in 2020. The FCC required Apollo to reduce the daily newspapers to three days or sell them. Learn how Apollo is helping to drive a more sustainable future by supporting the growth of FlexGen. . If you experience conflict in the workplace, youre not alone: As many as 85% of employees experience some kind of conflict. [118], In February 2016, Apollo agreed to acquire The ADT Corporation for $6.9 billion. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. See here for a complete list of exchanges and delays. Apollo (NYSE: APO) offers a global alternative asset manager that provides capital solutions and support to fund its growth and build stronger businesses. Apollo Global Management Company History Timeline. Stock analysis for Apollo Global Management Inc (APO:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Cox Enterprises along with Apollo Global Management maintains about 29% minority skate in the company. Sept 13 (Reuters) - Private equity firm Apollo Global Management Inc (APO.N) has approached Tronox Holdings Plc (TROX.N), one of the world's largest pigment manufacturers, with a $4.3 billion all-cash offer, people familiar with the matter said on Monday. Despite mounting climate disasters, companies slow to heed U.N. call to fund adaptation, How Martijn Wilder is seeding fresh climate solutions at Pollination, Bluer horizons: Putting coastal communities before carbon markets, IBM to pause hiring in plan to replace 7,800 jobs with AI - Bloomberg News, Factbox: Long-serving Qantas executive Vanessa Hudson named as next CEO, American Airlines pilots authorize a strike mandate, Qantas picks first female CEO as Alan Joyce prepares to depart. Apollo Group An investment and management group Category for portfolio companies of the private equity investment firm: Apollo Global Management. [112][113], In October 2014, Apollo merged its Endemol television studio with 21st Century Fox's Shine Group. We seek to not only preserve capital, but also to generate exceptional returns over the long term. The company was founded in 1990 and is based in New York, New York. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. In May 2008, Verso became a public company via an IPO.[60][61]. [69], In April 2007, Apollo acquired Realogy, a franchisor that owns Coldwell Banker, Century 21, and Sotheby's International Realty, for $8.5 billion. [47][48], Between 2005 and 2007, the private-equity market was booming, with new "largest buyout" records set and surpassed several times in an 18-month window. The sources cautioned that there is no certainty that Tronox will agree to any deal. [10], Lion Advisors (or Lion Capital) was founded in 1990 to provide investment services to Credit Lyonnais and foreign institutions, seeking to profit from depressed prices in the high-yield market. At Apollo, we have built out an entire ecosystem around empowering retirees. Our Equity business is focused on value-oriented opportunities where we can drive financial and operational performance to build stronger companies. The Private Equity segment consists of investment in control equity and related debt instruments, convertible securities, and distressed debt instruments. Apollo Global Management (APO) Stock Price Performance, Apollo Global Management (APO) Stock Key Data, Total Enterprise Value to Total Revenue (ttm). Apollo has offered $27 per share to buy Stamford, Connecticut-based Tronox, according to the sources, who spoke on condition of anonymity. [44], In April 2004, Apollo raised $930 million through an initial public offering for a listed business development company, Apollo Investment Corporation. Apollo has had 32 exits. [93], In December 2009, Apollo announced the acquisition of Cedar Fair Entertainment Company for $635 million and assumed debt valuing the company at $2.4 billion. [77][78], In January 2008, Apollo invested $1 billion in Norwegian Cruise Line to support a recapitalization of the company's balance sheet. Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months. Instead It's Subsidizing Temp Work", "Lumen to sell much of its U.S. telecom assets to Apollo for $7.5 billion", "Lumen to sell local incumbent carrier operations in 20 states to Apollo Funds for $7.5 billion", "Apollo seeks $500 million fund to invest in SPACs -sources", "Apollo Funds Complete Acquisition of Yahoo", "Apollo Completes Merger with Athene and Finalizes Key Governance Enhancements", "Apollo Reabsorbs Athene in All-Stock Deal That Values Firm at $11 Billion", "Apollo Global to buy annuities provider Athene in $11 billion deal", "Apollo's merger with Athene highlights PE's rush for permanent capital", "Apollo and Athene to Merge in All-Stock Transaction", "Inside billionaire Josh Harris' final years at Apollo, where former employees said his personal investments caused tensions", "Apollo Completes Acquisition of Griffin Capital", "Apollo completes acquisition of Griffin Capital's US asset management business", "Lake Forest-based Tenneco being taken private in $7.1 billion deal", "Tony's Fresh Market acquired by New York-based Apollo Global Management", "Miller Homes to target sterling-heavy bonds for Apollo takeover", "Apollo raises $24.6 billion for largest private equity fund ever", https://en.wikipedia.org/w/index.php?title=Apollo_Global_Management&oldid=1151081357. [92], In November 2009, Liberty Global acquired Unity Media GMBH; funds managed by Apollo owned a 31% interest. [58], In October 2006, Apollo announced a $990 million leveraged buyout of Jacuzzi Brands, a manufacturer of whirlpool baths. Angel, Fund of Funds, Venture Capital), Median number of investments made by investors in this hub, Median number of lead investments made by investors in this hub, Announced Date: Date the acquisition was announced, Acquirer Name: Name of the acquiring organization, Transaction Name: Auto-generated name of transaction (e.g. Apollo Global Management - CB Insights Here are some ways to put healthy conflict resolution into practice. In May 2020, Apollo was the lead investor in a group that bought the majority of debt owed by airport baggage handler Swissport, which has 45,000 workers.

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