Apollo Global Mgmt Inc Stock Price, News & Analysis

Liquidity Group has deployed $5 million in growth funding to Geologie, a NYC-based direct-to-consumer men's skincare line. Geologie aims to simplify men's skincare routines with tailored products. The funding, facilitated by Liquidity's machine-learning platform, supports Geologie's rapid customer growth. Liquidity Group, backed by Apollo and MUFG, focuses on credit automation and quick debt funding for high-growth companies. Geologie's award-winning skincare products have received accolades from Men's Health and Esquire.

Intrado Corporation announces a significant advancement in 5G wireless 911 routing services, aimed at meeting federal compliance for private network operators. Unveiled at the 2022 CCA Mobile Carriers Show, this service enhances emergency response by integrating rich data delivery, improved location accuracy for emergency texts, and compliance with evolving Z-Axis requirements. The company’s proactive development led to securing its first 5G tier 1 mobile operator contract in 2021, demonstrating a commitment to safety and innovation in emergency response.

Intrado Corporation announced enhancements to its Notified PR platform to better serve public relations professionals. Key updates include expanded social listening content from TikTok, Instagram, YouTube, Twitter, and Facebook, improved global press release distribution, and a new unique readers metric for measuring visibility. These upgrades aim to provide clients with essential tools for brand management, news targeting, and performance measurement, reinforcing Notified's position as a comprehensive communications solution.

Liquidity Group announced approximately $775 million in capital commitments for 2022, led by Apollo Funds and MUFG Bank. Apollo will provide $425 million for a credit facility, while MUFG commits $300 million for a joint venture focusing on future unicorns. Additionally, $50 million will come through a SAFE note investment from Apollo, MUFG, and Spark Capital. This partnership aims to enhance Liquidity's lending capabilities for late-stage technology firms, leveraging AI for credit assessment.

Apollo Global Management (NYSE: APO) will announce its Q1 2022 financial results on May 5, 2022, prior to market opening. The management team will discuss the results during an audio webcast at 8:30 am ET, with a replay available afterward. Apollo, a prominent alternative asset manager, manages approximately $498 billion in assets as of December 31, 2021, focusing on providing clients with innovative capital solutions and superior returns across various investment strategies.

Apollo Hybrid Value Fund II has successfully raised approximately $4.6 billion, representing a more than 40% increase over its predecessor, Fund I. The new fund received strong backing from both new and existing limited partners, focusing on flexible equity and debt capital solutions. Key commitments include preferred equity investments in various companies, showcasing the firm's strategy to offer attractive, downside-protected returns. Apollo emphasizes its integrated platform's ability to provide bespoke solutions across different market conditions, driving institutional interest in this fund.

Apollo (NYSE: APO) has appointed Jessica Bibliowicz to its board of directors and audit committee effective March 31, 2022, increasing the board to 17 members, with 12 independent directors. Bibliowicz brings over 30 years of experience in financial services, having previously served as president and CEO of National Financial Partners and held senior roles at Prudential and Smith Barney. Apollo CEO Marc Rowan emphasized that her expertise will enhance the board's diversity and strength, aligning with the firm's governance improvements and commitment to stakeholder value.

Apollo (NYSE: APO) has successfully completed the acquisition of a real estate portfolio valued at €842 million from the Italian pension fund ENPAM. The portfolio includes 68 premium commercial and residential properties, notably in Rome and Milan, featuring hotels, retail spaces, logistics, and parking facilities. Apollo's European Principal Finance business, which oversees $8.6 billion in assets, aims to leverage this acquisition to enhance its real estate investment strategy. Advisors involved in the transaction included Realty Partners, Lazard, and several legal and financial firms.