The Amazing Ways Expedia Is Using ChatGPT To Simplify Travel Arrangements, Huge growth and ethical concerns make Airbnb users think again, Norwegian Cruise lifts profit forecast on higher ticket prices, steady demand, Norwegian Cruise Line Q1 Earnings Breezes Past Expectations, US Stocks Rise; Norwegian Cruise Line Posts Q1 Results, Intel, Saia, Charter Communications And Other Big Stocks Moving Higher On Friday, Charter Communications lifts Q1 revenue over 3%, EBITDA up nearly 3%, Hamilton County mulls taxing Airbnb, short-term rental housing, Why Charter Communications Shares Are Trading Higher Today, Airbnb let its workers live and work anywhere. It was liquidated in 2020. 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. [53], In June 2006, Apollo acquired Momentive Performance Materials, General Electric's Advanced Materials (Silicones & Quartz) business for approximately $3.8 billion. Apollo Global Management is one of the largest asset managers serving many of the world's most prominent investors. Apollo (NYSE: APO) offers a global alternative asset manager that provides capital solutions and support to fund its growth and build stronger businesses.
Apollo acquire 50% equity stake in MaxCap | MaxCap Group 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 .
Apollo Global Management History: Founding, Timeline, and Milestones They jumped 17% to $24.02 on news of Apollo's acquisition interest. save to custom lists or to Salesforce, and get notified when new companies, people, or deals meet your search criteria. [13] In 1992, Lion entered into a more formal arrangement to manage the $3 billion high-yield portfolio for Credit Lyonnais which together with a consortium of other international investors provided the capital for Lion's investment activities. Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months. Since our founding in 1990, we have built a leading global alternative asset management business by staying true to our core principles. 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. Although technically the founders of Ares had completed a spinout with the formation of the firm in 1997, they had maintained a close relationship with Apollo over its first five years and operated as the West Coast affiliate of Apollo. [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. Apollo Global Management, Inc provides asset management services. Hear more At Apollo, we aim to integrate sustainability into everything we do. [1] Funds managed by Apollo have produced a 24% internal rate of return (IRR) to investors, net of fees.[5]. [103][104][105], In November 2012, Apollo acquired McGraw-Hill Education for $2.5 billion. Shortly thereafter, Ares completed fundraising for Ares Corporate Opportunities Fund, a special-situations investment fund with $750 million of capital under management.
Apollo Global Management, Inc. | LinkedIn Apollo has offered $27 per share to buy Stamford, Connecticut-based Tronox, according to the sources, who spoke on condition of anonymity. [190], In May 2022, Apollo acquired the US asset management business of Griffin Capital. [19], Apollo acquired interests in companies that Drexel had helped finance by purchasing high-yield bonds from failed savings and loans and insurance companies. Company. [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. Apollo Global Management, Inc. | 230,204 followers on LinkedIn. [74], In May 2007, Apollo acquired Countrywide plc, a provider of residential property-related services in the UK, formerly known as Hambro Countrywide (1988) and Countrywide Assured Group (1998) for $1.05 billion (not related to Countrywide Financial).
The company was founded by Marc Jeffrey Rowan, Leon David Black, and Joshua Jordan Harris in 1990 and is headquartered in New York, NY. Apollo is a high-growth alternative asset manager. Novitex is a document-outsourcing provider that manages business-critical services for over 500 companies across 10 industries. In May 2008, Linens filed for bankruptcy protection, costing Apollo all of its $365 million investment in the company. [80], In February 2008, Apollo acquired Regent Seven Seas Cruises from Carlson Companies for $1 billion. Apollo Global Management, Inc. 2023 All Rights Reserved. We find uncommon opportunities and sources of growth through continual learning, contrarian thinking, and rigorous debate. [142][143], In February 2019, AGM was in talks to buy Nexstar Media Group for over $1 billion. Japan, San Francisco, Europe, Asia), CB Rank (Event): Algorithmic rank assigned to the top 100,000 most active Events, Total amount raised at IPO of all the organizations associated with this hub, Median amount raised at IPO of all the organizations associated with this hub, Total valuation at IPO of all the organizations associated with this hub, Median valuation at IPO of all the organizations associated with this hub, Average date at which organizations in this hub went public, Percentage of organizations in this hub that have removed their stock from the stock exchange. Founded in 1990 by Leon Black, Josh Harris, and Marc Rowan, it provides investment management and invests in credit, private equity, and real assets. Apollo Global Management, Inc. 2023 All Rights Reserved. [84], In July 2008, the company closed a $758 million value-add fund. This list of organizations invested in by Apollo provides data on their funding history, investment activities, and acquisition trends. Apollo is a high-growth alternative asset manager.
[7][8], In September 2004, investment funds managed by Apollo and Sterling Partners acquired Connections Academy. Intrado became a part of Apollo Global Management in 2017. ", "Apollo's first-quarter earnings surge on strong fee revenue", "Apollo Raises $1.8 Billion in Push for Big Corporate Loans", "Michaels will be acquired by a private equity firm in a $5 billion deal", "Apollo Announces Completion of the Tender Offer for Shares of The Michaels Companies", "IGT sells Italian gaming businesses to Gamenet for 950 mln euros", "International Game Technology PLC Announces Agreement To Sell Italian B2C Gaming Business For 950 Million In Cash", "Apollo Funds Complete Acquisition of EmployBridge", "A Tax Credit Was Meant to Help Marginalized Workers Get Permanent Jobs.
Apollo Group An investment and management group The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. [106][107], In 2013, Apollo acquired Pitney Bowes Management Services (PBMS) for $400 million. [24] Fund III was only an average performer for private-equity funds of its vintage. Apollo Global Management is a global asset management firm that specializes in credit-oriented capital and real estate markets. For individuals and their advisors, we offer a growing range of wealth management solutions to meet their needs by going beyond the public markets. Description. [44], In April 2004, Apollo raised $930 million through an initial public offering for a listed business development company, Apollo Investment Corporation. [139][140], In June 2018, funds managed by Apollo and Vrde Partners acquired a majority of OneMain Financial. At Apollo, we have built out an entire ecosystem around empowering retirees. Tronox makes titanium dioxide pigment and other chemicals used to add brightness and durability to paints, plastics and paper. Category for portfolio companies of the private equity investment firm: Apollo Global Management.[1]. [70][71][72][73] In 2013, Apollo sold out of this investment, making a profit of $1.3 billion.
Merx Aviation EPS and Revenue estimates are for the next 12 months.
Apollo Global Management, Inc. | LinkedIn Bain Capital is considering a competing offer to Silver Lake's $2.4 billion acquisition deal for Germany's Software AG, Bloomberg reported. ACT Capital, Apollo Global Management, Inc. (NYSE: APO), Apollo Commercial Real Estate Finance (NYSE: ARI), MidCap Financial Investment Corp. (NASDAQ: MFIC), Apollo Asset Management (NYSE: AAM PrA-B), Apollo Senior Floating Rate Fund (NYSE: AFT). Aspen Insurance Holdings Limited acquired by Apollo . Apollo . Apollo Group has earned a reputation in the global resources sector for identifying, funding and developing world class projects. Apollo Global Management, Inc. is an American global private equity firm. Is there any room for doubt? We work every day to earn the trust of our stakeholders by being a fair, ethical, and responsible partner.