Apollo

Apollo to Offer Senior Notes

Tuesday, June 2, 2020 - 1:35pm

NEW YORK, June 02, 2020 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (AGM, and together with its consolidated subsidiaries, Apollo) today announced that its indirect subsidiary, Apollo Management Holdings, L.P. (the Issuer), intends to offer senior notes (the notes), subject to market and other conditions.

Key Points: 
  • NEW YORK, June 02, 2020 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (AGM, and together with its consolidated subsidiaries, Apollo) today announced that its indirect subsidiary, Apollo Management Holdings, L.P. (the Issuer), intends to offer senior notes (the notes), subject to market and other conditions.
  • The notes will be fully and unconditionally guaranteed by Apollos indirect subsidiaries, 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 XI, LLC, Apollo Principal Holdings XII, L.P. and AMH Holdings (Cayman), L.P.
    Apollo intends to use the net proceeds from the sale of the notes for general corporate purposes.
  • This news release shall not constitute an offer to sell or a solicitation of an offer to purchase the notes or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
  • This press release does not constitute an offer of Apollo or any Apollo fund.

Behold.ai partners with Apollo Hospitals Group, India for rapid COVID-19 diagnosis using AI-based chest X-ray technology

Monday, May 18, 2020 - 7:00am

Behold.ai will supply its red dot algorithm via Apollo Radiology International to Apollo Hospitals network of 71 hospitals in India, comprising 12,000 beds.

Key Points: 
  • Behold.ai will supply its red dot algorithm via Apollo Radiology International to Apollo Hospitals network of 71 hospitals in India, comprising 12,000 beds.
  • The service is expected to go live when the lockdown measures are eased by the government of India.
  • Apollo Hospitals has been at the forefront of the fight against COVID-19 in India.
  • This will help us evaluate patients with speed and accuracy, said Dr Sangita Reddy, Joint Managing Director, Apollo Hospitals Group.

We Solutions (860.HK) Changes Name to Apollo Future Mobility Group Limited

Saturday, May 9, 2020 - 7:00am

HONG KONG, May 9, 2020 - (ACN Newswire) - Apollo Future Mobility Group ( AFMG; 0860.HK; formerly 'We Solutions' ) is pleased to announce completion of its rebranding exercise, and the official registration of new English Company name, Apollo Future Mobility Group Limited.

Key Points: 
  • HONG KONG, May 9, 2020 - (ACN Newswire) - Apollo Future Mobility Group ( AFMG; 0860.HK; formerly 'We Solutions' ) is pleased to announce completion of its rebranding exercise, and the official registration of new English Company name, Apollo Future Mobility Group Limited.
  • Mr. Ho King Fung Eric, Chairman of Apollo Future Mobility Group, said, "The completion of the Group's rebranding marks a significant milestone in our corporate development and transformation into an integrated mobility solution provider.
  • Apollo Future Mobility Group Limited ( AFMG; 0860.HK ) is a leading integrated mobility technology solution provider with proprietary and disruptive mobility technologies.
  • After completing the acquisition of 86.06% of Apollo Automobil, a European high-performance hypercar developer, in March 2020, the Group rebranded as Apollo Future Mobility Group, focusing its business development on twin pillars, which are Apollo Automobil and Apollo Advanced Technologies (AAT).

Apollo Investment Corporation Schedules Fourth Quarter and Fiscal Year 2020 Earnings Release and Conference Call

Monday, May 11, 2020 - 9:00pm

The Company will also host a conference call on Thursday, May 21, 2020 at 10:00 a.m. Eastern Time.

Key Points: 
  • The Company will also host a conference call on Thursday, May 21, 2020 at 10:00 a.m. Eastern Time.
  • Participants should reference Apollo Investment Corporation or Conference ID # 7988933 when prompted.
  • Apollo Investment Corporation (NASDAQ: AINV) is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940.
  • Apollo Investment Corporation is managed by Apollo Investment Management, L.P., an affiliate of Apollo Global Management, Inc., a leading global alternative investment manager.

Apollo Global Management, Inc. Reports First Quarter 2020 Results

Friday, May 1, 2020 - 12:00pm

NEW YORK, May 01, 2020 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today reported results for the first quarter ended March31, 2020.

Key Points: 
  • NEW YORK, May 01, 2020 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today reported results for the first quarter ended March31, 2020.
  • Apollo issued a full detailed presentation of its first quarter ended March31, 2020 results, which can be viewed through the Stockholders section of Apollos website at http://www.apollo.com/stockholders .
  • Apollo has declared a cash dividend of $0.42 per share of its Class A Common Stock for the first quarter ended March31, 2020.
  • Effective September 5, 2019, Apollo Global Management, Inc. converted from a Delaware limited liability company named Apollo Global Management, LLC (AGM LLC) to a Delaware corporation named Apollo Global Management, Inc. (AGM Inc. and such conversion, the Conversion).

Apollo Global Management to Announce First Quarter 2020 Financial Results and Host Conference Call on May 1, 2020

Tuesday, April 14, 2020 - 8:24pm

Management will host a conference call to review Apollos financial results on the same day at 10:00 a.m. EDT.

Key Points: 
  • Management will host a conference call to review Apollos financial results on the same day at 10:00 a.m. EDT.
  • The conference call may be accessed by dialing (888) 868-4188 (U.S. domestic) or +1 (615) 800-6914 (international), and providing conference call ID 6298984 when prompted by the operator.
  • These forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management.
  • This press release does not constitute an offer of Apollo or any Apollo fund.

Apollo Investment Corporation Issues Letter to Stakeholders Providing Business Update

Thursday, March 26, 2020 - 2:59pm

NEW YORK, March 26, 2020 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ: AINV) or the Company, today issued an open letter to its stakeholders.

Key Points: 
  • NEW YORK, March 26, 2020 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ: AINV) or the Company, today issued an open letter to its stakeholders.
  • Our priority continues to be the health and well-being of our stakeholders and the employees of the Companys Investment Adviser, Apollo Investment Management, L.P., an affiliate of Apollo Global Management, Inc., (together with its affiliates, Apollo).
  • Apollo Investment Corporation (NASDAQ: AINV) is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940.
  • Apollo Investment Corporation is managed by Apollo Investment Management, L.P., an affiliate of Apollo Global Management, Inc., a leading global alternative investment manager.

Athene and Apollo Announce Closing of Transaction to Strengthen Strategic Relationship and Eliminate Athene’s Multi-Class Share Structure

Monday, March 2, 2020 - 2:00pm

In addition, Athene has eliminated its multi-class share structure, which the companies expect will significantly improve Athenes index inclusion eligibility and expand Athenes investor base.

Key Points: 
  • In addition, Athene has eliminated its multi-class share structure, which the companies expect will significantly improve Athenes index inclusion eligibility and expand Athenes investor base.
  • Jim Belardi, CEO of Athene, said, We are pleased to announce the closing of this strategic transaction between Athene and our longstanding strategic partner, Apollo.
  • Leon Black, Chairman and Chief Executive Officer of Apollo, said, We are tremendously excited to announce the completion of this important strategic transaction, which we believe meaningfully enhances value for both Apollo and Athene shareholders.
  • Athene and Apollo have developed a special and symbiotic relationship since Athenes inception more than a decade ago.

Apollo Global Management, Inc. Reports Fourth Quarter and Full Year 2019 Results

Thursday, January 30, 2020 - 12:00pm

NEW YORK, Jan. 30, 2020 (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 December31, 2019.

Key Points: 
  • NEW YORK, Jan. 30, 2020 (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 December31, 2019.
  • Our results for the fourth quarter of 2019 capped another exceptional year for Apollo, driven by strong investment performance across our integrated global platform, said Leon Black, Chairman and Chief Executive Officer.
  • Apollo issued a full detailed presentation of its fourth quarter and full year ended December31, 2019 results, which can be viewed through the Stockholders section of Apollos website at http://www.apollo.com/stockholders .
  • Apollo has declared a cash dividend of $0.89 per share of its Class A Common Stock for the fourth quarter ended December31, 2019.

Apollo cuts DISH customer access to local stations in 10 markets; Court bars Apollo from additional threatened blackouts

Sunday, January 19, 2020 - 12:28am

Two issues are at stake:

Key Points: 
  • Two issues are at stake:
    Apollo is demanding nearly double the fees DISH pays to provide customers access to the former Northwest Broadcasting channels Apollo acquired last year.
  • Apollo is attempting to negate the March 31, 2019 retransmission contract between DISH and 14 former Cox Stations, also acquired by Apollo in 2019.
  • It's trying to squeeze every last penny out of consumers to recoup the billions it spent buying these stations," said Andy LeCuyer, DISH senior vice president of Programming.
  • DISH was granted a temporary restraining order by the Circuit Court of Cook County, Illinois, to prevent Apollo from blacking out 14 local Cox channels.