APO

MidCap Financial Investment Corporation, Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc. Announce Filing of Definitive Joint Proxy Statement / Prospectus Relating to Previously Announced Proposed Mergers

Retrieved on: 
Thursday, April 4, 2024
CEF, Indian Sugar Mills Association, UNII, Rotation, Proxy, Telephone, APO, Internet, AFT, NAV, Capital gain, BDC, Holding company

NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- MidCap Financial Investment Corporation (NASDAQ: MFIC), Apollo Senior Floating Rate Fund Inc. (NYSE: AFT) and Apollo Tactical Income Fund Inc. (NYSE: AIF) (AFT and AIF, together, the “CEFs”) today announced the filing of a definitive joint proxy statement / prospectus (the “Joint Proxy Statement”) with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the previously announced proposed mergers of AFT and AIF with and into MFIC (each, a “Merger” and together, the “Mergers”). The registration statement previously filed by MFIC in connection with the Mergers (the “Registration Statement”) was declared effective by the SEC on April 3, 2024. MFIC, AFT and AIF have each set a record date and scheduled a special meeting of its stockholders to vote on the respective proposal related to the Mergers.

Key Points: 
  • MFIC, AFT and AIF have each engaged Broadridge, an independent proxy solicitation firm, to assist in the solicitation of proxies in connection with the Mergers.
  • If your vote has not been received after a reasonable amount of time, you may receive a telephone call from Broadridge reminding you to vote your shares.
  • Voting by proxy does not deprive you of your right to participate in the virtual special meetings.
  • As of December 31, 2023, the UNII for AFT and AIF was $0.14 per share and $0.17 per share, respectively.

ProvisionAi Hosts Theatre Session on Supply Chain Challenges at the Gartner Supply Chain Symposium/Xpo™

Retrieved on: 
Thursday, April 4, 2024
Kimberly-Clark, Intelligence, APO, SAP, Transport, Carbon, Consultant, Supply, Supply chain, Stage 2, Walt Disney, Procter & Gamble, Gartner, Renewable energy

Put more formally, ProvisionAi closes the gap between transportation planning and execution to smooth deployment, match loads to demand, and respect complex supply chain constraints," says Tom Moore, CEO and Founder of ProvisionAi.

Key Points: 
  • Put more formally, ProvisionAi closes the gap between transportation planning and execution to smooth deployment, match loads to demand, and respect complex supply chain constraints," says Tom Moore, CEO and Founder of ProvisionAi.
  • The Gartner Supply Chain Symposium/Xpo happens May 6 – 8, 2024, at the Walt Disney World Swan and Dolphin Resort in Orlando, FL.
  • His expertise facilitated pivotal Supply Chain system implementations across NA and Europe notably in SAP OTC, APO, and Kinaxis Rapid Response.
  • His multifaceted background uniquely positions him as a leader who understands the challenges and opportunities within the supply chain ecosystem.

Apollo Funds Announce Strategic Partnership with Panasonic Automotive Systems, a Leading Global Supplier of Advanced In-Vehicle Technologies

Retrieved on: 
Friday, March 29, 2024
Growth, Partnership, APO, Knowledge, Electronics, Research, TYO, Cassette tape

NEW YORK, March 29, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that funds managed by Apollo affiliates (the “Apollo Funds”) have entered into a definitive agreement to acquire a majority stake in Panasonic Automotive Systems Corporation (“Panasonic Automotive” or the “Company”), a global leader in advanced automotive solutions, including integrated cockpit systems and in-vehicle electronics, from Panasonic Holdings Corporation (TYO: 6752) (“Panasonic”) in a transaction valued at a total enterprise value of ¥311 billion, subject to certain adjustments at closing. Panasonic will retain a minority stake in the Company, which will maintain its strategic relationship with Panasonic Group.

Key Points: 
  • Panasonic will retain a minority stake in the Company, which will maintain its strategic relationship with Panasonic Group.
  • Panasonic Automotive is a tier one global automotive supplier that designs and manufactures advanced infotainment systems and other in-vehicle solutions for leading auto manufacturers.
  • Tetsuji Okamoto, Partner and Head of Japan at Apollo, said, “We are excited to partner with Panasonic Automotive to position the business for accelerated growth.
  • Through this partnership, Panasonic Automotive could significantly grow as a global leading player.

Apollo to Announce First Quarter 2024 Financial Results on May 2, 2024

Retrieved on: 
Thursday, March 28, 2024
APO

NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) 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.

Key Points: 
  • NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) 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 .
  • Apollo distributes its earnings releases via its website and email lists.
  • Those interested in receiving firm updates by email can sign up for them here .

Asian Productivity Organization Awards Outstanding Productivity Champions

Retrieved on: 
Monday, April 8, 2024
Communications, Professional Services, Other Professional Services, Thought Leadership, Other Communications, Government, APO, Award, Knowledge, Commerce, PDR, Ministry

The Asian Productivity Organization (APO), an intergovernmental organization comprising 21 member economies, unveils the recipients of the 2024 APO Regional and Meritorious and Distinguished Awards.

Key Points: 
  • The Asian Productivity Organization (APO), an intergovernmental organization comprising 21 member economies, unveils the recipients of the 2024 APO Regional and Meritorious and Distinguished Awards.
  • Since its inception in 1978, the APO Awards have celebrated the achievements of productivity champions who have significantly contributed to productivity improvement across the Asia Pacific.
  • This year, the APO proudly confers two Regional Awardees, recognized for their outstanding contributions that extend beyond national borders, and impacting the Asia-Pacific region.
  • In addition, five Meritorious and Distinguished Award recipients were conferred for their inspiring and exemplary achievements and contributions leading to centrality of productivity.

Apollo Funds Agree to Sell 28.4% Stake in Vallourec to ArcelorMittal

Retrieved on: 
Tuesday, March 12, 2024
ArcelorMittal, VK, APO, Partnership, Growth, Management

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) 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.

Key Points: 
  • NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) 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.
  • With Apollo’s Funds’ assistance, we have fundamentally changed the operational and financial structure of Vallourec and we believe we are on the right trajectory to deliver enhanced shareholder value over the coming years.”
    After leading the financial restructuring of Vallourec, Apollo Funds became the largest equity investor in Vallourec in 2021.
  • The transaction is expected to close in the second half of the year, subject to satisfaction of customary closing conditions.

Socialization Dinner for Ambassadors of APO Members and Steering Committee on the APO Vision 2025 Monitoring and Evaluation: Pause-and-reflect Activity Consultation Meeting

Retrieved on: 
Friday, March 15, 2024
Professional Services, Communications, Thought Leadership, Other Professional Services, Human Resources, Other Communications, Secretariat, Ministry of Foreign Affairs, Foreign Affairs, Technical, APO, IAS, Multimedia, Ministry, Management

On Thursday, 14 March 2024, Asian Productivity Organization (APO) Secretary-General Dr. Indra Pradana Singawinata hosted a Socialization Dinner for Ambassadors of APO Members in Tokyo.

Key Points: 
  • On Thursday, 14 March 2024, Asian Productivity Organization (APO) Secretary-General Dr. Indra Pradana Singawinata hosted a Socialization Dinner for Ambassadors of APO Members in Tokyo.
  • The event, which was attended by ambassadors and representatives from 14 APO members, coincided with the APO Vision 2025: Pause-and-reflect Activity Steering Committee Meeting, for which delegates from seven APO members gathered in Tokyo to review the progress on the APO Vision 2025 and deliberate on the future vision beyond 2025.
  • View the full release here: https://www.businesswire.com/news/home/20240314512074/en/
    Group photo with ambassadors and representatives from APO members, delegates from the APO Vision 2025: Pause-and-reflect Activity Steering Committee and Technical Working Group, APO Secretary-General, and Secretariat staffs.
  • The event closed with remarks by APO Alternate Director for India S. Gopalakrishnan, IAS, who expressed gratitude to the ambassadors in attendance and Secretary-General Dr. Indra on behalf of all participants.

Women Nab Almost Half of Six-Figure Jobs Despite Fewer Applications Than Men for the Second Consecutive Year, According to iCIMS Data

Retrieved on: 
Thursday, March 14, 2024
Rhea, ICIMS, Organization, Woman, APO, SVP, TTF, Internal, Female, Magic, Acquisition, Male, Workforce

HOLMDEL, N.J., March 14, 2024 /PRNewswire/ -- Despite a smaller share of female applications to roles with more than $100,000 salaries, hires were almost split 50/50 between women and men in February 2024. iCIMS, a leading provider of talent acquisition technology, today released the iCIMS Insights March Workforce Report, revealing that women account for 47% of hires for roles with six figure salaries, while only responsible for 37% of applications for these roles. The report also provides a view into hiring trends in Europe, revealing that candidates and employers in EMEA do not see eye-to-eye, amidst looming economic challenges.

Key Points: 
  • "Our new report is packed with data that isn't just relevant for U.S. and European-based companies," said Rhea Moss, global head of workforce and customer insights.
  • While a short month, employers and candidates remained busy as January applicants may have become February hires.
  • This has remained steady – give or take a few days – from January 2023, despite the influx of candidates since then.
  • The rise in applications is being driven by men, with a 23% increase in overall male applicants from February 2023.

Apollo Names Chris McIntyre Global Head of the Institutional Client Group

Retrieved on: 
Friday, March 8, 2024
BCG, APO, Asset management, Columbia Business School, Boston Consulting Group, MBA, Apollo Global Management, Partner, Yale University

NEW YORK, March 08, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) 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.

Key Points: 
  • NEW YORK, March 08, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) 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.
  • Chris’ deep relationships and private markets expertise will be highly accretive as we continue to offer diversified, tailored investment solutions to our most valued partners.

Apollo to Present at the UBS Financial Services Conference 2024

Retrieved on: 
Tuesday, February 20, 2024
Conference, APO

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) 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.

Key Points: 
  • NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) 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.
  • A live webcast of the event will be available on Apollo’s Investor Relations website at ir.apollo.com .
  • For those unable to join live, a replay will be available shortly after the event.