Apollo Global Management related stories
All articles and analysis
Fortress starts $100m share buybackThe US alternative assets manager steps up programme of returning cash to shareholders through a modified “Dutch auction” share tender scheme.
- Apollo to launch $250m share buy-back
The NYSE-listed alternative investment manager reported a steep year-on-year fall in fourth quarter economic net income and announced a $250m share repurchase programme. The firm’s share price has fallen from around $24 per share a year ago to trade at under $13 per share this week.
- KKR betting big on credit
The firm’s 2016 market outlook posits that private credit is a “huge opportunity” this year, as the alternative investment giant looks to build on its direct lending, ABL and special situations business lines.
- PDI 2015 Awards: closely run contest
Voting closes for the Private Debt Investor Awards 2015 on Friday. Results so far show that there is still everything to play for across three regions, with many nominees in a neck-and-neck race to the finish line.
- KKR deploys $500m in European direct lending
KKR has invested $500 million in eight European direct lending transactions this year. The firm has also completed the acquisition of ACP’s majority stake in Selecta after providing rescue financing to the company last year.
- PDI Awards 2015: The Shortlist
With more than 90 candidates in over 30 categories across three regions, this year's PDI Awards are bigger than ever.
- Apollo real estate acquisition collapses
The deal, which would have doubled the alternative manager’s debt and equity real estate assets to $27 billion while boosting the firm’s permanent capital to $95 billion, has fallen through. Neither Apollo nor AR Capital gave an explanation.
- Apollo BDC battles energy losses with share buybacks
Management of the Apollo Investment Corporation has so far bought back $21.2 million of shares through its $50 million stock repurchase programme, at a time when the BDC has been posting losses on the back of struggling oil & gas investments.
- Logic rules as managers expand private credit strategies
It’s results season and the third quarter was hard on many listed US alternatives managers. However, there’s a private credit silver lining.
- Athene stake helps buoy earnings at Apollo
The growing insurance holding business, which owns an expanding direct lending platform, helped boost earnings at Apollo Global in Q3. The firm is also seeing increasing separate accounts with LPs and sub-advisory mandates with mutual funds focused on credit.