Articles from Apollo Global Management, Inc.

NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the fourth quarter and full year ended December 31, 2024.

NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that Scott Kleinman, Co-President of Apollo Asset Management, will participate in a fireside chat at the Bank of America Securities Financial Services Conference on Tuesday, February 11, 2025 at 8:50 am ET.

NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced the launch of Apollo Allocation Pro. Designed for a financial advisor audience, Apollo Allocation Pro seeks to provide an intuitive, hands-on experience to explore portfolio construction strategies that include alternatives, particularly private markets. The tool is now available on Apollo.com.

NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that Martin Kelly, Chief Financial Officer, will participate in a fireside chat at the UBS Financial Services Conference on Monday, February 10, 2025 at 9:40 am ET.

Transaction Represents One of the Largest Corporate Hybrid Private Placements in Abu Dhabi and Brings Aggregate Investment in Aldar led by Apollo to Approximately USD $1.9 billion Since 2022

CEO Marc Rowan to Enter Into 5-Year Employment Agreement Extension

Standard Chartered Acquires Minority Stake in Apterra, an Apollo Platform Specializing in Infrastructure Debt Origination

Acquisition of Complementary Mid-Market Infrastructure Manager Deepens Origination and Asset Management Capabilities in Fast-Growing Sectors Strategically Aligned with Apollo’s Long-Term Growth Objectives

NEW YORK, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) plans to release financial results for the fourth quarter and full year 2024 on Tuesday, February 4, 2025, before the opening of trading on the New York Stock Exchange. Management will review Apollo’s financial results at 8:30 am ET via public webcast available on Apollo’s Investor Relations website at ir.apollo.com. A replay will be available one hour after the event.

NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) and Santander today announced that Apollo-managed funds and affiliates have agreed to invest in an approximately $370 million portfolio of infrastructure credit. The transaction was led by Apterra, an affiliate of Apollo founded in 2023 that specializes in innovative financing solutions for infrastructure projects.

Proven Operator Positioned to Accelerate Growth and Product Innovation of Combined Enterprise Will Join by the Fourth Quarter of 2025

NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that funds managed by Apollo affiliates (the “Apollo Funds”) have agreed to acquire a 50% stake in a Texas solar and battery energy storage system (“BESS”) portfolio from TotalEnergies. The portfolio includes approximately 2 GW of solar and BESS assets in strategic locations in Texas’ ERCOT market, consisting of three solar projects with a total capacity of 1.7 GW and two battery storage projects with a combined capacity of 300 MW. TotalEnergies will retain a 50% stake in the portfolio and continue to operate the assets, which include Danish Fields, Cottonwood and Hill Solar I.

NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that Marc Rowan, Chief Executive Officer, will participate in a fireside chat at the Goldman Sachs US Financial Services Conference on Wednesday, December 11, 2024 at 8:00 am ET.

NEW YORK, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that funds associated with its Impact and Clean Transition strategies (the “Apollo Funds”) have acquired a majority stake in The State Group (“TSG” or the “Company”) from Blue Wolf Capital (“Blue Wolf”). Blue Wolf will retain a minority stake in the business, alongside existing management shareholders.

Dr. Sam Young Chung to serve as Academic Advisor at Intersection of Retirement Solutions and Alternative Assets

Extension Further Strengthens Apollo’s Capital Solutions Business and Origination Capabilities Across Asset Classes, While Enabling Mubadala to Access a Range of Compelling Investment Opportunities

NEW YORK, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the third quarter ended September 30, 2024.

Commitments bring total new capital for direct lending franchise to over $13B in just over 12 months

NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced the launch of Apollo S3 Private Markets Fund (“ASPM US”) and Apollo S3 Private Markets Lux (“ASPM Lux,” together with ASPM US, “ASPM”), products designed to provide investors with turnkey solutions to access diversified portfolios of multi-asset secondary investments across private markets. 

NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) plans to release financial results for the third quarter 2024 on Tuesday, November 5, 2024, before the opening of trading on the New York Stock Exchange. Management will review Apollo’s financial results at 8:30 am ET via public webcast available on Apollo’s Investor Relations website at ir.apollo.com. A replay will be available one hour after the event.

NEW YORK, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (the “Issuer” and, together with its consolidated subsidiaries, “Apollo”) today announced that it has priced an offering (the “Offering”) of $500 million aggregate principal amount of its 6.000% Fixed-Rate Resettable Junior Subordinated Notes due 2054 (the “notes”).

NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that it has entered into an agreement for Apollo affiliates and other long term investors to provide c. €1 billion to acquire a minority stake in one of Vonovia’s affiliates. This commitment follows two previous €1 billion transactions between Vonovia and Apollo in 2023, related to Vonovia’s real estate portfolios in Southwest Germany and Northern Germany. The latest agreement brings Apollo affiliates and funds total arranged commitments to Vonovia entities to €3 billion.

NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Today, Apollo (NYSEAPO) will host its previously announced Investor Day to present the firm’s business priorities and new five-year financial targets. Members of the senior management team will outline Apollo’s views on the future of the alternative asset management industry, the firm’s strategic positioning, and business plan to continue generating attractive returns for stockholders.

NEW YORK, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO), ATLAS SP Partners (“ATLAS”), the warehouse finance and securitized products business majority owned by Apollo funds, and BNP Paribas, the European Union’s leading global bank, today announced a strategic financing and capital markets collaboration between Apollo, ATLAS and BNP Paribas.

HOUSTON and NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that Apollo-managed funds (the “Apollo Funds”) have acquired a majority interest in Freedom CNG (“Freedom”), an owner and operator of compressed natural gas (CNG) and renewable natural gas (RNG) fueling infrastructure in Texas.

NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that it will host an Investor Day for the investment community on Tuesday, October 1, 2024. The day will feature presentations by senior leaders on Apollo’s strategic priorities. Presentations will begin at 8 a.m. ET, followed by a Q&A session.

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that balance sheet and other investor capital managed under its Aligned Alternatives platform have agreed to acquire Netherlands-based equipment leasing specialist Beequip from NIBC.

NEW YORK, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that Scott Kleinman, Co-President of Apollo Asset Management, will participate in a fireside chat at Barclays 22nd Annual Global Financial Services Conference on Tuesday, September 10, 2024 at 9:00 am ET.

NEW YORK, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that Apollo-managed funds associated with its Clean Transition Equity strategy, together with strategic minority co-investor Rettig Oy Ab (“Rettig”), have through the special purpose vehicle Project Grand Bidco (UK) Limited completed the previously announced acquisition of a 94.53% equity ownership stake in Purmo Group Plc, a leader in sustainable indoor-climate solutions. Apollo funds and Rettig will look to acquire the remaining outstanding shares through Project Grand Bidco (UK) Limited and delist Purmo Group from the Nasdaq Helsinki Stock Exchange in the near future, resulting in Apollo funds owning 80% and Rettig 20% of Purmo Group.

NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced a definitive agreement under which Apollo-managed affiliates, funds and other long-term investors will invest $600 million to acquire a 50% interest in a joint venture entity related to the Vale Oman Distribution Center (“VODC”) from Vale S.A. (“Vale” or the “Company”).

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the second quarter ended June 30, 2024.

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that, on behalf of its affiliated and third-party insurance clients and other investors, it has provided a $700 million capital solution to Sony Music Group, an affiliate of Sony Group Corporation (“Sony”), for investments in the music industry.

NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that Apollo-managed funds (the “Apollo Funds”) have entered into a definitive agreement with Advent International to acquire Evri, one of the UK’s largest parcel delivery companies.

TTC comprised of 18 Leading Brands Including Trafalgar and Uniworld

NEW YORK, June 28, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) plans to release financial results for the second quarter 2024 on Thursday, August 1, 2024, before the opening of trading on the New York Stock Exchange. Management will review Apollo’s financial results at 8:30 am ET via public webcast available on Apollo’s Investor Relations website at ir.apollo.com. A replay will be available one hour after the event.

NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) (together with its consolidated subsidiaries, “Apollo”) today published its Annual Sustainability Report: Volume 15, “Driving a More Sustainable Future.”

NEW YORK, May 31, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) and Athene Holding Ltd. (“Athene”) today announced that Grant Kvalheim, President of Athene, will present at the TD Financial Services & Fintech Summit on Friday, June 7, 2024 at 8:35 am ET.

NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (the “Issuer” and, together with its consolidated subsidiaries, “Apollo”) today announced that it has priced an offering of $750 million aggregate principal amount of its 5.800% Senior Notes due 2054 (the “notes”).

NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (the “Issuer” and, together with its consolidated subsidiaries, “Apollo”) today announced that it has commenced an offering of its senior notes (the “notes”), subject to market and other conditions. The notes will be fully and unconditionally guaranteed by Apollo Asset Management, Inc., Apollo Principal Holdings I, L.P., Apollo Principal Holdings II, L.P., Apollo Principal Holdings III, L.P., Apollo Principal Holdings IV, L.P., Apollo Principal Holdings V, L.P., Apollo Principal Holdings VI, L.P., Apollo Principal Holdings VII, L.P., Apollo Principal Holdings VIII, L.P., Apollo Principal Holdings IX, L.P., Apollo Principal Holdings X, L.P., Apollo Principal Holdings XII, L.P., AMH Holdings (Cayman), L.P. and Apollo Management Holdings, L.P.

NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that Marc Rowan, Chief Executive Officer, will participate in a fireside chat at the Bernstein 40th Annual Strategic Decisions Conference on Thursday, May 30, 2024 at 10:00 am ET.

NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the first quarter ended March 31, 2024.

NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) and MassMutual today announced that MassMutual has become a minority equity owner in ATLAS SP Partners (ATLAS) and a capital partner to the ATLAS platform. ATLAS is the warehouse finance and securitized products business majority owned by Apollo funds. As part of the multi-billion-dollar commitment, MassMutual has also agreed to invest in Apollo’s Asset-Backed Finance (ABF) franchise.

Panasonic Holdings Corporation to Maintain Significant Minority Stake in Panasonic Automotive to Accelerate Growth Alongside Apollo Funds

NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) plans to release financial results for the first quarter 2024 on Thursday, May 2, 2024, before the opening of trading on the New York Stock Exchange. Management will review Apollo’s financial results at 8:30 am ET via public webcast available on Apollo’s Investor Relations website at ir.apollo.com. A replay will be available one hour after the event.

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that Apollo-managed Funds (“Apollo Funds” or the “Funds”) have agreed to sell 65.2 million common equity shares in Vallourec SA (Euronext: VK; “Vallourec”, the “Company”), a value-added manufacturer of premium tubular steel products, for €14.64 per share to ArcelorMittal. The shares sold represent a 28.4% equity interest1 in Vallourec and a total transaction value of approximately €955 million, and upon close will mark the Apollo Funds’ exit of the investment.

NEW YORK, March 08, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) today announced the appointment of Chris McIntyre as Partner, Global Head of the Institutional Client Group and member of the firm’s Leadership Team, effective April 15, 2024. Based in New York, he will be responsible for managing the firm’s institutional distribution channel. McIntyre joins a talented team that delivered robust third-party inflows of approximately $45 billion in 2023.

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that Jim Zelter, Co-President of Apollo Asset Management, will participate in a fireside chat at the UBS Financial Services Conference on Monday, February 26, 2024 at 8:50 am ET.

NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that Martin Kelly, Chief Financial Officer, will participate in a fireside chat at the Bank of America Securities Financial Services Conference on Thursday, February 22, 2024 at 9:40 am ET.

NEW YORK, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that industry veteran Harry Seekings has been named Co-Head of Infrastructure at Apollo, effective March 11, 2024. Seekings will work alongside Olivia Wassenaar, Head of Sustainability and Infrastructure.

NEW YORK, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the fourth quarter and full year ended December 31, 2023.

NEW YORK, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced a new partnership with top-ranked PGA TOUR golfer Patrick Cantlay. Cantlay will serve as the first brand partner for Apollo, Athene and its ecosystem, as the firm looks to deliver its asset management and retirement services to a full spectrum of clients.

NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) plans to release financial results for the fourth quarter and full year 2023 on Thursday, February 8, 2024, before the opening of trading on the New York Stock Exchange. Management will review Apollo’s financial results at 8:30 am ET via public webcast available on Apollo’s Investor Relations website at ir.apollo.com. A replay will be available one hour after the event.

Apollo Clean Transition Equity ELTIF to provide European investors greater access to clean transition investments across private markets

NEW YORK, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that Marc Rowan, Chief Executive Officer, will participate in a fireside chat at the Goldman Sachs 2023 US Financial Services Conference on Wednesday, December 6, 2023 at 8:00 am ET.

Hydria Launches as High-Growth Gaseous Equipment Manufacturing and Leasing Platform Supporting the Energy Transition

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (the “Issuer” and, together with its consolidated subsidiaries, “Apollo”) today announced that it has priced an offering of $500 million aggregate principal amount of its 6.375% Senior Notes due 2033 (the “notes”).

NEW YORK, HOUSTON and LONG BEACH, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) and Vitol today announced that Apollo-managed funds (the “Apollo Funds”) and Vitol have agreed to provide a structured debt and equity financing to WattEV (“WattEV” or the “Company”), an industry leader in heavy-duty freight electrification providing end-to-end solutions to customers through the development of electric charging infrastructure and provisioning of electric vehicle trucks.

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that it has commenced an offering of its senior notes (the “notes”), subject to market and other conditions. The notes will be fully and unconditionally guaranteed by Apollo Asset Management, Inc., Apollo Principal Holdings I, L.P., Apollo Principal Holdings II, L.P., Apollo Principal Holdings III, L.P., Apollo Principal Holdings IV, L.P., Apollo Principal Holdings V, L.P., Apollo Principal Holdings VI, L.P., Apollo Principal Holdings VII, L.P., Apollo Principal Holdings VIII, L.P., Apollo Principal Holdings IX, L.P., Apollo Principal Holdings X, L.P., Apollo Principal Holdings XII, L.P., AMH Holdings (Cayman), L.P. and Apollo Management Holdings, L.P. (“AMH”).

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) will host an informational session for the investment community on Tuesday, November 14, 2023, detailing its Platform Origination strategy. This “Deep Dive” will feature a series of presentations from Apollo’s Co-Head of Global FIG, Chris Edson, Chief Financial Officer, Martin Kelly, and senior leaders of Apollo’s platform businesses.

NEW YORK, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that it has entered into agreements for Apollo-managed insurance affiliates, funds and other long-term investors to invest €1 billion into an entity owning a portfolio of high-quality real estate assets in Northern Germany controlled by Vonovia, a leading global residential real estate company with assets of approximately $100 billion. This commitment follows a €1 billion investment by Apollo funds in a Vonovia portfolio in Southwest Germany earlier this year.

Tiger Infrastructure Partners and Modern Aviation Management to Reinvest as Part of Transaction

NEW YORK, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the third quarter ended September 30, 2023.

NEW YORK, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced the signing of an agreement for Apollo-managed affiliated entities, funds and clients to invest up to €1.5 billion into an Air France-KLM (PAR: AF FP) operating affiliate holding the trademark and most of the commercial partners contracts related to Air France and KLM’s joint loyalty program (Flying Blue). Air France-KLM has committed to spend €100 million in sustainable aviation fuel over the next four years.

NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) plans to release financial results for the third quarter 2023 on Wednesday, November 1, 2023, before the opening of trading on the New York Stock Exchange. Management will review Apollo’s financial results at 8:30 am ET via public webcast available on Apollo’s Investor Relations website at ir.apollo.com. A replay will be available one hour after the event.

Investment in Educational Knowledge Center Illustrates the Firm’s Commitment to Creating a Purpose-Built Global Wealth Platform

NEW YORK, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that Martin Kelly, Chief Financial Officer, will participate in a fireside chat at the Barclays Financial Services Conference on Tuesday, September 12, 2023 at 9:45 am ET.

NEW YORK, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that long time Apollo advisor David Moffatt has been named as Chair of Apollo’s operations in Australia and New Zealand. Moffatt brings more than 30 years of leadership experience to the new role, having held executive and senior leadership positions for corporations in Australia, Europe, North America and Asia. He has served as a Senior Advisor to Apollo since January 2019.

Significant Investment to Establish Platform Supporting the Energy Transition by Providing Critical Equipment for Compressed Gas Logistics

NEW YORK, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (the “Issuer,” and together with its consolidated subsidiaries, “Apollo”) today announced that it has priced an offering of $600 million aggregate principal amount of its 7.625% Fixed-Rate Resettable Junior Subordinated Notes due 2053 (the “notes”).

NEW YORK, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (the “Issuer,” and together with its consolidated subsidiaries, “Apollo”) today announced that it has commenced an offering of its Fixed-Rate Resettable Junior Subordinated Notes (the “notes”), subject to market and other conditions (the “Offering”). The notes will be fully and unconditionally guaranteed by Apollo Asset Management, Inc. (“AAM”), Apollo Principal Holdings I, L.P., Apollo Principal Holdings II, L.P., Apollo Principal Holdings III, L.P., Apollo Principal Holdings IV, L.P., Apollo Principal Holdings V, L.P., Apollo Principal Holdings VI, L.P., Apollo Principal Holdings VII, L.P., Apollo Principal Holdings VIII, L.P., Apollo Principal Holdings IX, L.P., Apollo Principal Holdings X, L.P., Apollo Principal Holdings XII, L.P., AMH Holdings (Cayman), L.P. and Apollo Management Holdings, L.P. Apollo expects to grant the underwriters a 30-day option to purchase additional notes solely to cover over-allotments, if any.

NEW YORK, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (the “Issuer,” and together with its consolidated subsidiaries, “Apollo”) today announced that it has priced an offering of $1,250.0 million (25,000,000 shares) of its 6.75% Series A Mandatory Convertible Preferred Stock, par value $0.00001 per share (the “Mandatory Convertible Preferred Stock”) at a price to the public and liquidation preference of $50.00 per share. The offering was upsized from the previously announced size of $1,000.0 million (20,000,000 shares). The underwriters have a 30-day option to purchase up to an additional $187.5 million (3,750,000 shares) of Mandatory Convertible Preferred Stock solely to cover over-allotments, if any. The offering is expected to close on August 11, 2023, subject to customary closing conditions.

NEW YORK, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (the “Issuer,” and together with its consolidated subsidiaries, “Apollo”) today announced that it has commenced an offering of $1,000.0 million (20,000,000 shares) of its Series A Mandatory Convertible Preferred Stock, par value $0.00001 per share (the “Mandatory Convertible Preferred Stock”), subject to market and other conditions (the “Offering”). Apollo expects to grant the underwriters a 30-day option to purchase up to an additional $150.0 million (3,000,000 shares) of Mandatory Convertible Preferred Stock to cover over-allotments, if any.

Positions Trusted Brand for Continued Expansion Amid Increasing Focus on Sustainability & Recycling Solutions

NEW YORK, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSEAPO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the second quarter ended June 30, 2023.

NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSEAPO) today announced that its 2023 Annual Meeting of Stockholders will be held virtually on October 6, 2023, at 9:30 am ET. The record date for the meeting is August 11, 2023. Information on the virtual meeting will be included in the 2023 proxy statement.