Apollo

Private equity giants near settlements with SEC over texting violations

Blackstone, TPG and Carlyle Group disclosed they have been cooperating with the SEC

3 min read

Hipgnosis Songs Fund owns the catalogue of artists such as Shakira

Hipgnosis Songs Fund agrees to $1.4bn Concord takeover

The offer price is a 32% premium to the company’s closing price on 17 April

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Apollo tops analyst expectations after tough run

Apollo swings to profit after fees jump

Fees jump 24% as private equity giant posts $660m profit for the third quarter

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Apollo snaps up PetSmart stake in BC Partners deal

Apollo returns to its pet project for a minority stake nine years after it reportedly discussed a full buyout

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Apollo poaches new chief pensions strategist from state government

Public retirement plan investment official will become chief public pension strategist for Apollo next year

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Leon Black rebuffed in Apollo conspiracy claim

Private equity firm’s former chief executive had accused Josh Harris and others of trying to destroy his reputation

3 min read

Most recently, Christine Moy headed JPMorgan’s blockchain product Liink and played a key role in determining the bank’s approach to the digital assets sector and investment opportunities

Apollo snaps up JPMorgan’s Christine Moy in digital assets push

Moy will lead digital asset strategy across the firm, exploring more ways to apply blockchain technologies to its business

2 min read

Apollo looks to former Amazon executive to burnish ESG credentials

Private markets firm hires for another senior sustainability role.

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Apollo sues Serta Simmons and owner Advent over debt disagreement

The courtroom battle is part of the growing struggle between hedge funds, private-equity firms and traditional mutual-fund companies who invested in companies that are running out of cash amid the coronavirus pandemic

Apollo Global Management waging on Hertz failure

Hertz has been struggling with the amount of debt on its balance sheet - it has $3.7bn of debt at the corporate level, and another $13.4bn of vehicle-backed debt at its vehicle finance subsidiaries

Private equity numbers are ugly, but not as ugly as you think

Distressed markets create opportunities for private equity firms sitting on cash piles

3 min read

Apollo’s the latest private equity firm to take a beating from Covid-19

Value of the firm's private-equity holdings depreciated by 21.6% in the quarter, partly driven by oil-price declines

2 min read