Apollo Global Mgmt Inc Stock Price, News & Analysis

Motive Partners and Apollo (NYSE: APO) have announced the launch of Lyra Client Solutions Holdings, , a spin-out from Apollo's client services division. The new venture aims to provide comprehensive client-servicing solutions with enhanced technology and operations capabilities for institutional and wealth channels.

Both companies have invested capital to support the establishment and commercialization of Lyra, which offers scalable services including pre-trade, onboarding, and post-trade capabilities. Eileen Sivolella, former Managing Director and Global CFO of Advent International, has joined as Board Chair and Independent Director.

The launch responds to rapid growth in private markets driven by product innovation, shifting portfolio allocations, and an expanding investor base. Lyra's technology-enabled platform aims to help alternative asset managers maintain operational excellence while managing cost and efficiency pressures.

Notified is hosting a webinar on March 12, 2025, focused on leveraging data for investor relations (IR) strategy. The one-hour session, scheduled from 11am-12pm ET, will explore how IR professionals can extract insights from earnings calls, websites, and press releases to build data-driven programs.

The webinar features notable speakers including Erik Carlson, COO of Notified, who brings over a decade of private equity experience; Glenn Schulman, Founder of Z3 BioCommunication with 20+ years in biotech IR; Amanda Tang, Head of IR at TMX Group; and moderator Laurie Havelock, Editor at IR Impact.

The session aims to help IR teams optimize investor engagement and enhance decision-making in today's evolving market landscape.

GFL Environmental Inc. (NYSE: GFL) has announced the sale of its Environmental Services business to Apollo (NYSE: APO) and BC Partners funds for $8 billion. The transaction structure allows GFL to maintain a 44% equity interest, while Apollo Funds and BC Funds will each hold 28%.

The proceeds will be strategically allocated to:

• Debt repayment
• Up to $2.25 billion for share repurchases
• Transaction fees and general corporate purposes

This strategic move enables GFL, North America's fourth-largest diversified environmental services company, to accelerate its balance sheet deleveraging toward investment grade levels, pursue organic growth initiatives, and implement solid waste M&A opportunities. The company also plans to enhance shareholder returns through share repurchases and future dividend increases.

Apollo (NYSE: APO) has announced its participation in the upcoming 2025 RBC Financial Services Conference. Jim Zelter, President of Apollo Global Management, will be featured in a keynote panel discussion centered on private markets. The event is scheduled for Wednesday, March 5, 2025, at 12:20 pm ET.

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

Apollo (NYSE: APO) has appointed Shimpei Kanzaki as Managing Director and Head of Japan Global Wealth, reporting to Edward Moon, Partner and Head of Asia Pacific Global Wealth. With over 20 years of experience in alternative investments and wealth management, Kanzaki joins from KKR where he headed their wealth solutions business in Japan.

This strategic appointment follows Apollo's successful expansion in Hong Kong and Singapore, aiming to grow their presence in Japan, a key market where they plan to expand their product suite and partner with Japanese distributors across wealth channels. The firm seeks to provide Japanese investors access to private market strategies focusing on investment-grade, yield-oriented assets.

State Street Global Advisors (NYSE: STT) has launched the SPDR® SSGA Apollo IG Public & Private Credit ETF (PRIV), an actively managed ETF providing access to investment-grade private credit markets. The fund focuses on maximizing risk-adjusted returns and current income through investment-grade debt securities, combining public and private credit including asset-based finance and corporate lending.

The ETF, managed by State Street's Active Fixed Income Team, utilizes Apollo Global Securities for private credit instruments sourcing. The fund employs a risk-aware, macroeconomic approach with bottom-up security selection to construct its portfolio. Apollo reported over $220 billion of origination in 2024, with an estimated potential addressable market for private credit of $40 trillion.

Apollo (NYSE: APO) has announced its 2025 Annual Meeting of Stockholders, which will be held virtually on June 6, 2025, at 9:30 am ET.

The record date for the meeting is April 14, 2025. Details about the virtual meeting will be provided in the 2025 proxy statement.

Apollo (NYSE: APO) has announced a definitive agreement to acquire Bridge Investment Group in an all-stock transaction valued at approximately $1.5 billion. Bridge, founded in 2009, manages $50 billion in AUM and specializes in residential and industrial real estate.

The transaction terms specify that Bridge stockholders will receive 0.07081 shares of Apollo stock for each Bridge share, valued at $11.50 per share. Bridge will operate as a standalone platform within Apollo's asset management business, maintaining its brand and management team. The deal is expected to be immediately accretive to Apollo's fee-related earnings upon closing.

The acquisition will provide Apollo with immediate scale to its real estate equity platform and enhance its origination capabilities. The transaction is expected to close in Q3 2025, subject to regulatory approvals and stockholder vote. Bridge management and affiliates, owning approximately 51.4% of voting power, have agreed to vote in favor of the transaction.

InvestCloud has announced a founding partnership with Apollo (NYSE: APO) to activate the Private Markets Account Network (PMA Network). The collaboration integrates Apollo's private market model portfolios into InvestCloud's APL platform, which manages over $3 trillion in assets across nearly 10 million accounts.

The PMA Network, launched with the Private Markets Account (PMA) in December 2024, creates a unified platform combining public and private assets for wealth management. Apollo, as the founding alternative asset manager, will provide various portfolio strategies including fixed income, equity, and real asset private market solutions.

The network connects asset managers, wealth managers, intermediaries, distributors, and model creators through InvestCloud's platform, enabling broader access to private markets investments. The system aims to simplify portfolio management and enhance investment outcomes for financial advisors and their clients through a centralized point for holding, valuing, and rebalancing alternative investments.