Welcome to our dedicated page for Apollo Global Mgmt news (Ticker: APO), a resource for investors and traders seeking the latest updates and insights on Apollo Global Mgmt stock.
Apollo Global Management, Inc. (NYSE: APO) appears frequently in financial and corporate news as a high-growth, global alternative asset manager active across credit, private equity and retirement services. Company communications describe an asset management business that seeks to provide clients excess return along the risk-reward spectrum, and a retirement services business operated through Athene Holding Ltd. that focuses on retirement savings products and institutional solutions.
News about Apollo often highlights capital solutions and transactions led by Apollo-managed funds and affiliates. Recent announcements include a multibillion-dollar capital solution for Valor Compute Infrastructure L.P. to support the acquisition and lease of data center compute infrastructure for a subsidiary of xAI Corp, as well as strategic financing for Russell Investments to refinance existing debt and extend maturities. Apollo funds have also agreed to acquire a majority stake in Prosol Group, a French fresh food retailer, and have made significant preferred equity commitments to QXO, Inc. to support acquisition strategies.
Other coverage shows Apollo’s ecosystem in action, including Stream Data Centers, a key operating platform within the Apollo ecosystem focused on wholesale data center colocation and build-to-suit facilities, and MidCap Financial, which is described as Apollo’s primary direct origination platform in the private middle market. Apollo-affiliated capital has also been involved in sports-related investments, such as a minority investment in Wrexham AFC through Apollo Sports Capital.
Investors following APO news can expect updates on capital deployments by Apollo-managed funds, financing and acquisition agreements, ratings actions referencing Apollo’s platform, preliminary performance metrics such as alternative net investment income disclosed via Form 8-K, and developments involving key platforms like Athene, MidCap Financial and Stream Data Centers. This mix of transaction announcements, financing structures and segment-related disclosures provides insight into how Apollo deploys capital and manages its alternative asset and retirement services businesses over time.
Mosaicx, a leader in conversational AI, has been named a finalist in the 'Automation Solution of the Year' category of the 2024 CCW Excellence Awards. The awards celebrate innovative companies and top-performing executives in the customer contact sector. Winners will be announced at the CCW event in Las Vegas, June 3-6, 2024. Mosaicx will also participate in the CCW CXO Exchange in St. Louis from May 15-17. The Mosaicx360 platform, which handles over 1.1 billion call minutes annually, aims to enhance operational efficiency and customer experience. Mosaicx will showcase its solutions at booth #115 in Las Vegas.
Additionally, Mosaicx executives will join panels and discussions about AI's role in customer service, emphasizing a balance between AI and human interaction.
Apollo Global Management, Inc. reported strong first quarter results with robust capital formation and origination activity, totaling $40 billion each. The company's CEO expressed confidence in meeting financial targets for the year. Apollo declared cash dividends for both Common Stock and Mandatory Convertible Preferred Stock. The company will host a public audio webcast to review financial results on May 2, 2024.
John Hedlund, a mortgage industry veteran and operations leader, has joined FundingShield's advisory board. He brings extensive experience from AmeriHome Mortgage and Adanac Advisory Group, contributing to FundingShield's growth in areas like cyber security and fraud prevention. With a strong background in financial services and leadership roles at top institutions, John's addition to the board is expected to drive innovation and revenue growth for FundingShield.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
FAQ
What is the current stock price of Apollo Global Mgmt (APO)?
What is the market cap of Apollo Global Mgmt (APO)?
