Apollo Global Mgmt Inc Stock Price, News & Analysis

Apollo (NYSE: APO) has appointed Celia Yan as Partner and Head of Hybrid for Asia Pacific, based in Hong Kong. Yan brings over 20 years of industry experience, most recently serving as Head of APAC Private Credit at BlackRock. In this newly created role, she will lead Apollo's hybrid platform expansion across Asia Pacific, focusing on delivering flexible capital solutions between traditional debt and equity.

The appointment strengthens Apollo's presence in the region, where the firm aims to provide creative, partnership-driven solutions to help companies fund growth initiatives, generate liquidity, and deleverage balance sheets. Yan's extensive background includes senior investment roles at ADM Capital, National Australia Bank, and Equity Trustees Limited.

Apollo (NYSE: APO) has announced the completion of a $750 million investment grade rated financing for Mumbai International Airport Ltd. (MIAL), an Adani Portfolio company. The 4-year senior secured notes will refinance existing debt and include provision for up to $250 million in additional funding for capital expenditure and expansion.

This marks Apollo's second major financing for MIAL and represents one of the largest private investment grade rated deals in India's infrastructure sector. The funding will support operations, modernization, and sustainability initiatives at Chhatrapati Shivaji Maharaj International Airport (CSMIA), India's second-largest airport.

MIAL aims to achieve net zero emissions by 2029 through various sustainability initiatives, including transitioning to electric vehicles and enhancing energy-efficient operations.

Apollo has committed to a landmark £4.5 billion financing deal with Électricité de France (EDF) through fixed-rate callable notes, marking the largest sterling-denominated private credit transaction. The funds will primarily support EDF's UK projects, particularly the Hinkley Point C nuclear power station. This investment is part of EDF's €50 billion Euro Medium Term Note program and represents the largest capital funding transaction in EDF's history. The deal strengthens Apollo's position as a major capital provider in Europe, building on its track record of investing in French companies and its High-Grade Capital Solutions strategy, which has originated over $100 billion in bespoke capital solutions since 2020 for leading companies like Intel, Air France-KLM, and BP.

Mosaicx, a WestCX subsidiary under West Technology Group, made significant announcements at Customer Contact Week (CCW) Las Vegas 2025. The company unveiled a major update to its Engage platform, an AI-native omnichannel virtual agent solution designed for enterprise customers. The new platform moves beyond traditional intent-based workflows to enable more adaptive and personalized interactions, promising faster value delivery, reduced operational costs, and improved customer retention. Additionally, Mosaicx received the CCWomen's Best Workplace for Gender Equity award, highlighting its commitment to workplace inclusion. The company's COO Rebecca Jones participated in a panel discussion sharing insights on building an inclusive workplace. The updated Engage platform is scheduled for general availability in Q3 2025, targeting healthcare, financial services, and retail sectors.

International Game Technology PLC (NYSE: IGT) announced its global lottery organization will rebrand as Brightstar Lottery, ahead of the sale of its Gaming and Digital business to Apollo Global Management's Voyager Parent LLC. The sale is expected to complete by July 1, 2025, transforming Brightstar into a pure-play lottery business. The company serves nearly 90 lottery customers across six continents, including 26 of 46 U.S. lottery jurisdictions and seven of the world's ten largest lotteries. Post-transaction, Brightstar will trade on NYSE under ticker BRSL, while the buyer will retain the IGT brand. Led by CEO Vince Sadusky and Executive Chair Marco Sala, Brightstar aims to focus on innovation, digital adoption, and responsible growth in the lottery sector.

T.D. Williamson (TDW), a global leader in pipeline infrastructure technology and services, has secured a strategic investment from Apollo Funds (NYSE: APO). SCF Partners, which acquired TDW in June 2022, will maintain majority ownership. TDW, with over 100 years of industry experience, holds more than 500 registered patents in pipeline maintenance and integrity solutions, including advanced isolation, integrated pigging, and in-line integrity assessment technologies. The company provides comprehensive maintenance and asset optimization solutions across infrastructure and utility markets. The investment aims to accelerate strategic growth initiatives and enhance TDW's ability to serve global energy infrastructure needs.

Doral Renewables LLC and American Farmland Trust (AFT) have announced a strategic partnership to advance their Smart Solar initiative, addressing the growing need for renewable energy development on agricultural lands. The collaboration aims to develop 10 million acres of land for renewable energy by 2050, with 80% planned for agricultural lands. The partnership focuses on three key goals: protecting suitable agricultural land, enhancing farm viability, and accelerating solar energy development. Through agrivoltaics, the initiative combines solar energy generation with agriculture on the same land, promoting sustainable farming practices while enabling food production and improving environmental conditions. AFT will guide Doral on Smart Solar principles and best practices for agricultural community engagement, supporting the dual objectives of renewable energy expansion and agricultural preservation.

Mosaicx announced the launch of its next-generation AI-native CX platform Engage at CCW Las Vegas. The platform, built on 30 years of customer experience expertise, enables natural, personalized self-service conversations across voice, SMS, email, and web chat channels. As part of WestCX within the West Technology Group portfolio, Mosaicx has embedded intelligence throughout the platform to proactively anticipate and resolve customer needs. The new Engage platform, scheduled for general availability in Q3 2025, aims to reduce operational costs, improve agent productivity, and enhance customer satisfaction through intelligent automation. Mosaicx will showcase Engage at CCW Las Vegas from June 9-12, where company leaders will conduct three speaking sessions. The company has also been named a finalist in two categories of the 2025 CCW Excellence Awards.

Apollo (NYSE: APO) has announced that CFO Martin Kelly will participate in a fireside chat at the Morgan Stanley 2025 US Financials Conference. The event is scheduled for Wednesday, June 11, 2025, at 7:30 am EDT. Investors and interested parties can access the live webcast through Apollo's Investor Relations website at ir.apollo.com. A replay of the presentation will be made available for those who cannot attend the live session.