Apollo Global Management

Michael Fox Joins New Holland Capital as a Partner and Head of Strategy

Retrieved on: 
Monday, March 4, 2024

Mr. Fox will oversee New Holland's corporate strategy, with a particular focus on product and business development initiatives.

Key Points: 
  • Mr. Fox will oversee New Holland's corporate strategy, with a particular focus on product and business development initiatives.
  • "We are thrilled to welcome Michael to New Holland," said Scott Radke, Chief Executive Officer of New Holland Capital.
  • Mr. Fox brings more than two decades of business development and asset management product strategy experience to the Firm.
  • "I am excited to join New Holland as Head of Strategy during this pivotal time in the Firm's evolution," said, Mr. Fox.

25m Health Partners with Clearwater to Develop a Scalable Cybersecurity and Compliance Program Across its Portfolio

Retrieved on: 
Thursday, February 22, 2024

NASHVILLE, Tenn., Feb. 22, 2024 /PRNewswire-PRWeb/ -- Clearwater, the largest pure-play provider of cybersecurity and compliance solutions for the healthcare industry, and 25m Health, part of the Venture Platform 25madison that incubates and invests in breakout healthcare technology startups, announced today a partnership focused on developing a repeatable and scalable cybersecurity and compliance program that can deployed across the organization and its portfolio companies.

Key Points: 
  • By partnering with Clearwater, 25m Health is providing its portfolio companies with a cost-effective solution for building the cybersecurity and compliance capabilities needed to compete in the healthcare marketplace.
  • By partnering with Clearwater, 25m Health is providing its portfolio companies with a cost-effective solution for building the cybersecurity and compliance capabilities needed to compete in the healthcare marketplace.
  • Clearwater provides a deep team of experts and purpose-built software focused specifically on helping health tech companies make rapid progress in ensuring their organizations and technologies are market ready from a cybersecurity and compliance standpoint.
  • "Strong cybersecurity and compliance capabilities are a business imperative for any company developing technology for the healthcare industry," said Ryan Macy, 25m Health's Head of Engineering.

J.F. Lehman & Company Announces Recent Promotions and New Hires

Retrieved on: 
Thursday, February 15, 2024

Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce several promotions and new hires.

Key Points: 
  • Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce several promotions and new hires.
  • Promotions effective January 2024 included Nicholas J. Andonian, James G. Dudzik and Jake T. Korek to Senior Associate.
  • "The firm remains committed to proactively onboarding talented professionals to support our continued growth and success," said Louis N. Mintz, Partner.
  • "We anticipate the added depth, fresh perspectives and further enhancement of our functional areas will translate into value across the organization."

J.F. Lehman & Company Announces Recent Promotions and New Hires

Retrieved on: 
Thursday, February 15, 2024

Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce several promotions and new hires.

Key Points: 
  • Lehman & Company ("JFLCO"), a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government and environmental sectors, is pleased to announce several promotions and new hires.
  • Promotions effective January 2024 included Nicholas J. Andonian, James G. Dudzik and Jake T. Korek to Senior Associate.
  • "The firm remains committed to proactively onboarding talented professionals to support our continued growth and success," said Louis N. Mintz, Partner.
  • "We anticipate the added depth, fresh perspectives and further enhancement of our functional areas will translate into value across the organization."

Apollo Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 8, 2024

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

Key Points: 
  • NEW YORK, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the fourth quarter and full year ended December 31, 2023.
  • Marc Rowan, Chief Executive Officer at Apollo said, “Amid a volatile market backdrop in 2023, Apollo was firing on all cylinders.
  • Apollo Global Management, Inc. has declared a cash dividend of $0.43 per share of its Common Stock for the fourth quarter ended December 31, 2023.
  • During the webcast, members of Apollo’s senior management team will review Apollo’s financial results for the fourth quarter and full year ended December 31, 2023.

Athene Announces Fixed Income Investor Conference Call

Retrieved on: 
Wednesday, January 31, 2024

WEST DES MOINES, Iowa, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Athene Holding Ltd. (“Athene”), a leading retirement services company and subsidiary of Apollo Global Management, Inc. (NYSE:APO), announced it will host a Fixed Income Investor conference call on Wednesday, February 21, 2024 at 10:00AM ET.

Key Points: 
  • WEST DES MOINES, Iowa, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Athene Holding Ltd. (“Athene”), a leading retirement services company and subsidiary of Apollo Global Management, Inc. (NYSE:APO), announced it will host a Fixed Income Investor conference call on Wednesday, February 21, 2024 at 10:00AM ET.
  • The call will feature members of Athene’s senior management team, who will provide an update on current business trends, new business origination, the investment portfolio, and capital.

Lazard Reports Fourth-Quarter and Full-Year 2023 Results

Retrieved on: 
Thursday, February 1, 2024

Operating revenue was $761 million for the fourth quarter of 2023, 13% higher than the fourth quarter of 2022, and $2,440 million for 2023, 12% lower than 2022.

Key Points: 
  • Operating revenue was $761 million for the fourth quarter of 2023, 13% higher than the fourth quarter of 2022, and $2,440 million for 2023, 12% lower than 2022.
  • For the fourth quarter of 2023, Asset Management operating revenue was $274 million, 6% higher than the fourth quarter of 2022.
  • Effective January 1, 2024, Lazard completed its conversion to a U.S. C-Corporation and changed its name from Lazard Ltd to Lazard, Inc.
  • ET on February 1, 2024, to discuss the company’s financial results for the fourth quarter and full year of 2023.

TD SYNNEX Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Monday, January 29, 2024

TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced the pricing of the previously announced secondary public offering of 7,625,000 shares of its common stock.

Key Points: 
  • TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced the pricing of the previously announced secondary public offering of 7,625,000 shares of its common stock.
  • The offering is expected to close on or about January 31, 2024, subject to customary closing conditions.
  • The underwriters will have a 30-day option to purchase up to an additional 1,143,750 shares of common stock from the Selling Stockholders.
  • TD SYNNEX will not receive any of the proceeds from the sale of shares by the Selling Stockholders in the offering.

TD SYNNEX Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Monday, January 29, 2024

TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced a proposed secondary public offering of 7,375,000 shares of its common stock currently held by certain entities managed by affiliates of Apollo Global Management, Inc. (the “Selling Stockholders”).

Key Points: 
  • TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced a proposed secondary public offering of 7,375,000 shares of its common stock currently held by certain entities managed by affiliates of Apollo Global Management, Inc. (the “Selling Stockholders”).
  • TD SYNNEX is not selling any shares of its common stock and will not receive any proceeds from the sale of the shares by the Selling Stockholders in the offering.
  • In addition, the Company has authorized the purchase from the underwriters of 1,375,000 shares of common stock as part of the secondary public offering, provided that the total amount of shares to be repurchased does not exceed $160.0 million (the “Concurrent Share Repurchase”).
  • The Concurrent Share Repurchase is part of the Company’s existing share repurchase program.

Insight Sourcing Celebrates a Strong 2023 with the Publication of its Annual Year-in-Review Report

Retrieved on: 
Tuesday, January 23, 2024

Among the documented milestones, Insight Sourcing achieved 37% revenue-based firmwide growth in 2023.

Key Points: 
  • Among the documented milestones, Insight Sourcing achieved 37% revenue-based firmwide growth in 2023.
  • It also completed over 1,000 procurement and sourcing projects throughout the year, resulting in approximately $1.5 billion in savings for the firm’s more than 400 clients.
  • The nonprofit Witness to War, founded by Insight Sourcing founder and CEO Tom Beaty, also celebrated a successful 2023.
  • For more information on the firm’s 2023 year in review, view the report: https://www.insightsourcing.com/2023-year-in-review .