What Companies Does Unilever Own In 2023 DATAROMA, What Companies Does Dodge Own In 2023 DATAROMA, Bill Gates Portfolio 2023 Stock Holdings- DATAROMA, Dexcom Stock Split in 2023 [What You Should Know], Interactive Home and Business Automation, Monitoring services. [41][citation needed], In 2002, when Ares raised its first corporate opportunities fund, the firm announced that it would separate from its former parent company. [24] Fund III was only an average performer for private-equity funds of its vintage. [88], Apollo exercised its "PIK toggle" option at Claire's to shut off cash interest payments to its bondholders and instead issue more debt, to provide the company with additional financial flexibility. [59], In 2006, Apollo acquired International Paper's coated paper and supercalendered paper business for $1.4 billion, renaming the business Verso Paper. Apollo . In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield . [44], Also in 2008, Apollo opened an office in India, its first office in Asia. [148], In February 2019, Apollo acquired Aspen Insurance for $2.6 billion. Apollo Global Management (formerly known as Tango Holdings) is an alternative asset management company. Using this vehicle, Apollo purchased the Executive Life portfolio, profiting when the value of high-yield bonds recovered, but also resulting in a variety of state regulatory issues for Apollo and Credit Lyonnais over the purchase. [22], In April 1993, Apollo Real Estate Investment Fund, L.P., the first in a family of real estate "opportunity funds", was closed with $500 million of investor commitments. Our Credit platform spans the full financing universe, helping companies access flexible solutions to fund their growth. As the United States housing market correction accelerated in 2008, Realogy faced financial pressures due to its debt load. [110], In December 2013, Apollo bought a portfolio of Irish home loans from Lloyds Bank for 307 million, less than half their face value. Colorful THG founder Matt Moulding confirmed this morning, just a day before the company announces its results, that THG had received a bid from private equity giant Apollo Global Management. We invest across Yield, Hybrid, and Equity markets, seeking to generate excess returns for our clients across the full risk-reward spectrum. Announces Completion Of Merger", "Harrah's Is Said to Be in Talks to Accept $16.7 Billion Buyout", "Apollo finalizes its $1B investment deal for NCL", "Apollo and Star cash out of Norwegian Cruise Line", "Apollo Management LP Acquires Regent Seven Seas Cruises", "Citi Is Said to Be Near Deal to Sell $12.5 Billion of Loans", "Apollo, GSO Debt Funds Have Faced Margin Call Issues", "Forget slowdown, PEs still heading to India", "Apollo Struggles to Keep Debt From Sinking Linens 'n Things", "Linens 'N Things Noteholder Sues Over Losses", "PIK and Roll: Companies Seize On Perks of Loose Lending", "Fourth Apollo Company Flips Its PIK Toggle", "Apollo First-Quarter Profit Rises 76% as Holdings Gain", "Apollo Closes Buyout Fund Near $15 Billion Target", "Liberty Global pays $3 billion cash for Unitymedia", "Apollo to Buy Amusement Park Operator Cedar Fair", "Cedar Fair and Affiliates of Apollo Global Management Mutually Terminate Merger Agreement", "RIO TINTO DIVESTS 61PC INTEREST IN ALCAN ENGINEERED PRODS", "Apollo's upsized IPO raises $565.4 million", "CNBC NEWS RELEASES BREAKING NEWS FROM CNBC'S KATE KELLY: APOLLO PRICING IPO AT $19/SHARE", "Affiliate of Apollo Global Management Completes Acquisition of CKX, Inc", "Private Equity Firms Duel Over Water Park Operator", "Apollo to Acquire Water Park Operator for $703 Million", "Apollo Global Management Announces Successful Completion of Its Acquisition of Great Wolf Resorts", "McGraw-Hill to Sell Education Unit to Apollo for $2.5 Billion", "Pitney Bowes Management Services Becomes Novitex Enterprise Solutions", "Affiliates of Apollo and HGM Agree to Combine Novitex and SourceHOV with Quinpario Acquisition Corp. 2 to Form Exela Technologies, a Public Company in a Transaction Valued at $2.8 Billion", "Leon Black's Apollo Global new owner of Twinkies, other Hostess snack brands", "Equity firm Apollo buys $419.4m (307m) of Irish home loans from Lloyds", "A Private Equity Firm Just Bought Chuck E. Cheese For $950 Million", "21st Century Fox and Apollo Seal Deal to Merge Shine, Endemol and Core", "Exclusive: Centerbridge in $1.35 billion deal for Great Wolf Resorts: sources", "New owner pledges to grow Great Wolf Lodge chain", "OM Group to be taken private by Apollo Global in $1.03 billion deal", "Apollo wins auction for St-Gobain's Verallia", "ADT in $6.9 Billion Deal to Sell Itself to Apollo Buyout Firm", "Apollo Global to Buy Diamond Resorts for $2.2 Billion", "Hilton Grand Vacations Completes Acquisition of Diamond Resorts", "Rackspace to Go Private in $4.3 Billion Deal", "Rackspace Completes Previously Announced Transaction with Affiliates of Funds Affiliated with Apollo Global Management to Become a Private Company", "U.S. defense spending bonanza puts niche acquisitions in play", "Former Blackwater guards sentenced for massacre of unarmed Iraqi civilians", "Blackwater's Descendants Are Doing Just Fine", "Apollo pauses plans to sell security firm Constellis: sources", "Apollo Education to be taken private in $1.1 billion deal", "Investor Consortium Completes Acquisition of Apollo Education Group", "Apollo Doubles Its Money in $1 Billion Bet on Tarnished Colleges", "Apollo Education starts new chapter as private firm", "Philips completes sale of 80.1% interest in Lumileds to funds managed by affiliates of Apollo Global Management", "Philips to Sell Lumileds to Apollo at Discounted $2 Billion", "Apollo Global to buy West Corp for about $2 billion", "West Corporation and Affiliates of Certain Funds Managed by Affiliates of Apollo Global Management Announce the Closing of the Previously Announced Transaction", "Kushner's Family Business Received Loans After White House Meetings", "Kushner's family business got hefty loans from Apollo, Citigroup last year, report says", "Jack in the Box Inc. Completes Sale of Qdoba Restaurant Corporation", "Investor Group Led by Funds Affiliated with Apollo Global Management and Vrde Partners Announce the Closing of the Previously Announced Transaction to Acquire a Significant Position in OneMain Holdings", "Funds Managed by Apollo Global Management to Acquire Approximately $1 Billion Portfolio of Equity Investments from GE Capital's Energy Financial Services", "GE Offloads Portfolio of Energy Investments to Apollo Global", "Apollo is said to be nearing deal for group of Nexstar stations", "Apollo Global Management Acquires Cox's Television Stations Plus Radio & Newspapers In Dayton", "Cox TV Valued At $3.1 Billion In Apollo Acquisition", "It's Official: Cox Radio, Gamut, CoxReps Going To Apollo", "Cox Enterprises buys back Ohio newspapers; 7-day publication continues", "Apollo Global Management Completes Acquisition of Aspen Insurance", "Buyout firm Apollo to buy Smart & Final Stores for $1.1 billion", "Shutterfly strikes take-private deal with Apollo Global, valuing company at $2.7 billion", "Apollo Takes on Wall Street With Massive Newspaper Loan Deal", "Apollo PE takes majority stake in Gamenet Italia", "Apollo Global Management buys 48.67% stake in Italy's Gamenet", "Tech Data acquired in $5.4 billion deal", "Warren Buffett Failed to Spend His $128 Billion Cash Pile in Unusual Bid", "Cox Enterprises Announces Close of Cox Media Group Sale to Affiliates of Apollo Global Management", "Cox Enterprises to Sell Majority Stake in TV Stations to Apollo", "It's Official: Cox Radio, Gamut, CoxReps Going to Apollo", "It's Official: Cox, Apollo Agree to Private Company", "Funds Managed by Affiliates of Apollo Global Management to Acquire Covis Pharma From Cerberus", "Apollo to invest $300m in Irish-domiciled Cimpress", "Apollo Global invests $1.75 billion in U.S. supermarket operator Albertsons", "Albertsons Companies announces $1.75 billion preferred equity investment led by Apollo Global Management", "Apollo Launches Platform to Make Big Loans", "France's Banijay to acquire rival Endemol Shine Group, producer of 'Black Mirror', "Sophie Turner Laing To Leave Endemol Shine Group As Banijay Group Completes $2.2BN Takeover", "UAE oil giant ADNOC signs $5.5 billion real estate deal with Apollo-led consortium", "LendingPoint Closes Up to $110 Million Mezzanine Facility with Midcap Financial Trust and Apollo Investment Corporation", "Hedge fund boss quits over Epstein ties", "Why did Leon Black pay $158m to Jeffrey Epstein? Apollo Global Management is a global asset management firm that specializes in credit-oriented capital and real estate markets. The Real Assets segment includes investment in real estate equity a Apollo Global Management, Inc. engages in the provision of alternative investment management services. My passion is personal finance and financial advising. [123][124], In 2016, investment funds managed by Apollo acquired Constellis for $1 billion. Our Hybrid business provides companies with flexible equity and debt solutions at scale and invests in all market environments. Apollo is a high-growth alternative asset manager. [1] ^ Portfolio companies are those companies that are currently or have been previously owned or controlled by the private equity firm or its affiliate funds. [162], In May 2020, Apollo purchased $1.75 billion of preferred stock in Albertsons Companies. Apollo Global Management, Inc. (NYSE: APO) Other Listed Vehicles. What's the most common types of sub-organization? [30][31], In 1998, during the dot-com bubble, Apollo raised Apollo Investment Fund IV with $3.6 billion of investor commitments. Angel - Uber), Money Raised: Amount of money raised in Funding Round, Total number of investments made by investors in this hub, Announced Date: Date when the Investment is announced, Investor Name: Name of the investor who participated in the Investment, Funding Round: Name of the funding round where the Investment is made, Number of Investors: Total number of Investors in a Funding Round, Total number of lead investment firms and individual investors that invested in organizations of this hub, Total number of investment firms and individual investors that invested in organizations of this hub, Organization/Person Name: Name of the Organization or Person, Location: Where the organization is headquartered, Investor Type: This describes the type of investor this organization or person is (e.g. The leading provider of retirement income solutions to institutions, companies, and individuals. Apollo Group An investment and management group Insights about top trending companies, startups, investments and M&A activities, Apollos Yield business is uniquely positioned to provide companies like AB InBev with the long-term, creative capital solutions they need to grow. Private equity firm Apollo Global Management Inc has approached Tronox Holdings Plc , one of the world's largest pigment manufacturers, with a $4.3 billion all-cash offer, people familiar with the . Instead It's Subsidizing Temp Work", "Lumen to sell much of its U.S. telecom assets to Apollo for $7.5 billion", "Lumen to sell local incumbent carrier operations in 20 states to Apollo Funds for $7.5 billion", "Apollo seeks $500 million fund to invest in SPACs -sources", "Apollo Funds Complete Acquisition of Yahoo", "Apollo Completes Merger with Athene and Finalizes Key Governance Enhancements", "Apollo Reabsorbs Athene in All-Stock Deal That Values Firm at $11 Billion", "Apollo Global to buy annuities provider Athene in $11 billion deal", "Apollo's merger with Athene highlights PE's rush for permanent capital", "Apollo and Athene to Merge in All-Stock Transaction", "Inside billionaire Josh Harris' final years at Apollo, where former employees said his personal investments caused tensions", "Apollo Completes Acquisition of Griffin Capital", "Apollo completes acquisition of Griffin Capital's US asset management business", "Lake Forest-based Tenneco being taken private in $7.1 billion deal", "Tony's Fresh Market acquired by New York-based Apollo Global Management", "Miller Homes to target sterling-heavy bonds for Apollo takeover", "Apollo raises $24.6 billion for largest private equity fund ever", https://en.wikipedia.org/w/index.php?title=Apollo_Global_Management&oldid=1151081357. Leadership & About Apollo Global Management | Apollo Global Management Our Credit platform spans the full financing universe, helping companies access flexible solutions to fund their growth. The company was founded by Marc Jeffrey Rowan, Leon David Black, and Joshua Jordan Harris in 1990 and is headquartered in New York, NY. It operates through the following segments: Credit, Private Equity, and Real Assets. Apollo Reports Fourth Quarter and Full Year 2022 Results, Apollo Launches Clean Transition Capital Strategy to Support Firmwide Target to Deploy $50 Billion by 2027. That firm was then owned and controlled by its remaining principals, including William Mack, Lee Neibart, William Benjamin, John Jacobsson, Stuart Koenig, and Richard Mack. Apollo is accelerating growth for companies leading today's most ambitious renewable energy projects. Apollo Global Management, Inc. 2023 All Rights Reserved. The Credit segment focuses on the investment in non-control corporate and structured debt instruments including performing, stressed, and distressed instruments across the capital structure. [118], In February 2016, Apollo agreed to acquire The ADT Corporation for $6.9 billion. Apollo Global Management - Wikipedia [157][158][159][160], In February 2020, investment funds managed by Apollo acquired Covis from Cerberus Capital Management. [20] One of Apollo's earliest and most successful deals involved the acquisition of Executive Life Insurance Company's bond portfolio.