Apollo Global Mgmt Inc Stock Price, News & Analysis

Apollo Global Management (APO) has published a comprehensive guide for organizing Annual General Meetings (AGMs). The guide features a 13-step checklist designed to streamline AGM planning and execution. The resource focuses on key aspects including agenda setting, stakeholder notification, live Q&A management, and post-meeting reporting. The guide aims to help companies maintain compliance with corporate governance requirements while ensuring effective shareholder engagement throughout the AGM process.

Apollo (NYSE: APO) has announced that its managed funds will acquire Hav Energy, a maritime LNG infrastructure platform, from HitecVision. Established in 2022, Hav Energy operates in partnership with Knutsen LNG and jointly owns a portfolio of 10 newbuild LNG carriers, including two operating vessels and eight under construction at Hyundai Heavy Industries, scheduled for delivery in 2025-2026.

The vessels are fully contracted on long-term charters with investment-grade counterparties. The acquisition is positioned to capitalize on growing global LNG demand, projected to exceed 600 million metric tons annually by 2040, driven by Asian and European growth and emissions reduction efforts. Financial terms of the transaction were not disclosed.

Notified has launched IR Hub, an innovative all-in-one platform designed to streamline investor relations communications. The platform consolidates essential IR tools into a single, customizable control center, offering features like simplified login, real-time dashboard views, website tracking, and enhanced analytics powered by Adobe®.

Key benefits include streamlined workflows, centralized communications control, real-time analytics, and simplified day-to-day task management. The platform enables IR teams to work more efficiently with features such as self-scheduled events, website change tracking, and email alert insights.

According to Erik Carlson, COO at Notified, this launch marks the beginning of a series of significant product enhancements planned for 2025, aimed at redefining IR communications.

Apollo Global Management (NYSE: APO) reported its Q1 2025 results, highlighting strong performance across its business segments. The Asset Management division achieved record organic inflows and robust origination volume, while maintaining solid investment performance across major strategies. In Retirement Services, the company accelerated new business growth while maintaining a conservative investment approach. Apollo declared a quarterly dividend of $0.51 per common share, payable on May 30, 2025, and a $0.8438 dividend per share of Mandatory Convertible Preferred Stock, payable on July 31, 2025. CEO Marc Rowan emphasized the company's ability to navigate market volatility with its purchase price-focused philosophy and significant dry powder.

Doral Renewables LLC has secured a $100 million corporate Letter of Credit facility through HSBC, who acted as Sole Arranger and Issuing Bank. This new facility adds to Doral's existing $185 million of corporate Letter of Credit capacity, bringing the total to $285 million. The Letters of Credit will primarily support new interconnection and power purchase agreement obligations for the company's renewable energy project development.

The transaction strengthens the partnership between Doral and HSBC, with both companies expressing confidence in Doral's execution capabilities in delivering large-scale renewable energy projects in the U.S. market.

Apollo (NYSE: APO) has successfully closed $8.5 billion in total commitments for its Accord+ strategy, including $4.8 billion for Accord+ Fund II. This achievement brings Apollo's total hybrid credit business assets to approximately $40 billion. The Accord+ II fund focuses on opportunistic credit investments across private corporate credit and asset-backed finance, targeting high-quality, top-of-capital-structure investments and secondary opportunities. The fund received broad support from global investors, including pension funds, sovereign wealth funds, financial institutions, and family offices.

West Technology Group has successfully completed the sale of its Notified business to Equiniti (EQ) for $534.5 million, which includes an $80 million earnout. The transaction represents a strategic move to transfer Notified, a platform focused on business-stakeholder communications, to EQ's leadership.

West's CEO John Shlonsky expressed confidence in the synergies between EQ and Notified, anticipating continued innovation and expansion under the new ownership. The company plans to utilize the net proceeds in accordance with its credit facility and outstanding notes requirements. RBC Capital Markets and Brownstein Hyatt Farber Schreck, LLP served as financial and legal advisors respectively for the transaction.

Apollo (NYSE: APO) has successfully closed its debut equity secondaries fund, Apollo S3 Equity and Hybrid Solutions Fund I (ASEHS), raising $5.4 billion in commitments, exceeding its target. The fund closure brings the total capital raised across Apollo's Sponsor and Secondary Solutions (S3) platform to nearly $10 billion since its August 2022 launch.

The fund attracted diverse global investors, including pension funds, sovereign wealth funds, financial institutions, and wealth segment participants. ASEHS aims to provide comprehensive financing and liquidity solutions, including secondary investments, NAV loans, GP lending, and staking for private markets sponsors and investors across asset classes.

Apollo (NYSE: APO) has announced that Chief Financial Officer Martin Kelly will participate in a fireside chat at the Barclays Americas Select Franchise Conference. The event is scheduled for Wednesday, May 7, 2025, at 8:30 am EDT.

Investors and interested parties can access the live webcast through Apollo's Investor Relations website at ir.apollo.com. For those unable to attend the live session, a replay will be made available on the same platform shortly after the event concludes.