Apollo Global Management, Inc. reports news tied to its alternative asset management and retirement services businesses. Updates commonly cover operating results, dividends on common and preferred stock, assets under management, investment origination, and activity at Athene, its retirement-services subsidiary.
Company news also includes fund formation and capital raising across Apollo strategies, including hybrid value, structured equity, dislocated liquid credit, private equity, credit, and real assets. Announcements may describe investment activity across funds managed by Apollo, portfolio-company developments, governance, material agreements, and capital-structure matters.
Apollo (NYSE: APO) and KKR (NYSE: KKR) announced a strategic partnership to support the continued growth of Atlantic Aviation, one of the largest private aviation infrastructure platforms in the United States. Under the transaction, Apollo-managed funds have acquired a significant interest in Atlantic Aviation, while KKR-managed funds remain a substantial shareholder. The deal values Atlantic Aviation at nearly $10 billion.
According to the companies, Atlantic Aviation operates a leading fixed-base operator network, providing aircraft fueling, hangar leasing and other essential services through long-term airport concession agreements and a diversified footprint at high-activity airfields. KKR noted that since its 2021 acquisition, Atlantic has expanded its locations via acquisitions and organic growth and invested in employee health and safety, contributing to a strong safety record. Apollo highlighted over $155 billion of infrastructure transactions and financings originated over the past five years, while KKR reported managing more than $120 billion in infrastructure assets and investing over $12 billion across the aviation sector since 2015.
Affiliates of Apollo Global Management (NYSE: APO) have provided a $277 million loan to Jadian Capital’s JIOS platform for a 37‑property industrial outdoor storage portfolio spanning 23 U.S. markets. The assets are primarily infill sites near key logistics hubs and dense population centers with a diversified tenant mix across equipment rental, building materials, logistics and home services.
According to Jadian, JIOS has now secured over $800 million of debt in 2026 to support expansion. Backed by Jadian, JIOS owns or controls more than 225 IOS assets valued at approximately $2.2 billion across 30+ markets, forming one of the larger national IOS portfolios.
Apollo (NYSE: APO), through its permanent capital platform Apollo Sports Capital, has agreed to provide a $2.6 billion mix of credit and equity financing to Yankee Global Enterprises, the holding company of the New York Yankees. Proceeds will support franchise growth and refinance existing debt, with closing expected imminently. Apollo Sports Capital CEO Al Tylis will join the YGE board, which expands by one seat. According to Apollo, its Sports Capital platform, launched in 2025, targets capital solutions across global sports and live events and is part of Apollo’s broader asset management business, which reported approximately $1.05 trillion in assets under management as of June 30, 2026.
Apollo Global Management (NYSE: APO), through its sponsor and secondary solutions business Apollo S3, led a single-asset continuation vehicle to acquire Mountaintop Beverage from Monogram Capital Partners’ Fund II into a newly formed vehicle with participation from several institutional investors. The deal returns a meaningful majority of Fund II capital to investors while allowing Monogram and Mountaintop’s management to retain ownership stakes.
According to Monogram Capital Partners, the vehicle provides committed capital and an extended investment horizon to fund a 250,000-square-foot capacity addition, expanding Mountaintop’s Morgantown, West Virginia manufacturing campus to nearly 600,000 square feet, and to support future strategic M&A.
Altius Minerals (TSX: ALS, OTCQX: ATUSF) reported Q2 2026 revenue of $23.2M, up from $9.8M in Q2 2025, and net earnings of $8.6M ($0.16 per share) versus $5.5M ($0.12) a year earlier. Attributable royalty revenue(1) rose to $30.0M ($0.53 per share) from $12.7M, driven by higher commodity prices, copper stream timing, new lithium royalties and increased electricity royalties.
Adjusted EBITDA(1) was $23.3M ($0.42 per share) versus $7.5M ($0.16), while adjusted net earnings(1) were $7.6M ($0.14 per share) compared with $1.6M ($0.03). Altius completed the acquisition of Lithium Royalty Corp. (contributing $6.4M in lithium royalty revenue), invested in GBR’s US$73M Coles Wind royalty, raised $181.5M via a bought deal, expanded its credit facility to $350M, increased its effective GBR interest to 50%, and announced a 10% dividend increase to $0.11 per share.
Sylebra Capital Management announced the first close of its Sylebra Equity Capital Solutions Fund, securing $277 million in commitments, anchored by funds managed by Apollo (NYSE: APO). The fund targets growth private equity and bespoke equity capital solutions for small- and mid-cap technology and technology-enabled companies globally.
The firm aims for a final close by the first half of 2027. In conjunction with the close, Sylebra appointed Karan Saraf as Partner to help lead global investing for the fund, which will be overseen by Founder and CIO Dan Gibson from Sylebra’s Palo Alto headquarters.
Apollo Global Management (NYSE: APO) reported results for the second quarter ended June 30, 2026. CEO Marc Rowan said the quarter reflected record earnings across Asset Management and Retirement Services, citing the firm’s scale and origination capabilities in evolving private markets.
Apollo declared a cash dividend of $0.5625 per common share for the second quarter, payable on August 31, 2026 to shareholders of record on August 19, 2026. The company will review its results on an August 4, 2026 webcast, with a replay available via its investor relations website.
Apollo (NYSE: APO) announced that Apollo-managed funds have acquired Maverick Water Group, a Houston-based developer, owner and operator of alternative non-potable water systems across Texas, from funds managed by Crosstimbers Capital Group. Maverick’s management team will retain a minority stake and continue to operate the company.
Founded in 2018, Maverick partners with real estate development and industrial customers to deliver reliable non-potable water supply. According to Apollo, the backing of Apollo Funds is intended to help Maverick scale its platform and pursue a significant near-term project pipeline to meet growing demand for efficient, sustainable water infrastructure. Apollo Funds report having deployed more than $130 billion in infrastructure and related investments over the past five years.
Apollo Global Management (NYSE: APO) has selected Austin, Texas as a strategic growth hub focused on innovation, emerging technology and the firm’s next phase of development. The office, led by Eric Needleman and Mike Downing, will incubate new businesses across Apollo’s asset management and retirement solutions platform and advance its technology and operations.
Texas is already one of Apollo’s top five capital bases, and the firm plans to deepen relationships with innovative companies in the state. Apollo’s global headquarters will remain in New York, and the firm reported approximately $1.03 trillion in assets under management as of March 31, 2026.
Altius Minerals (TSX: ALS, OTCQX: ATUSF) closed a tripartite transaction that increases its effective ownership in Great Bay Renewable Holdings I and II (GBR) from 29% to 50%. Funds managed by Apollo (NYSE: APO) sold their GBR membership interests to Northampton Capital Partners for about US$390 million, and Northampton concurrently sold its interest in Altius Renewable Royalties Corp. to Altius for about US$168 million. As a result, GBR is now owned 50/50 by Altius and Northampton, with Apollo funds exiting.
From Q3 2026, Altius will record its 50% proportionate share of GBR revenues and expenses. Altius also amended its credit facility on July 24, 2026, increasing capacity from C$225 million to C$350 million, converting prior term and revolving tranches into a single revolving facility with no principal repayments and extending maturity from August 2028 to July 2030. The outstanding debt of about C$87 million was moved into the new facility, which bears variable interest with pricing tied to total net debt ratio, and is available for qualifying royalty, streaming and other investments. After the amendment, Altius drew down C$100 million to fund the GBR transaction.