Apollo Global News

01.08 / 07:34
CEO WhatsApp Healthcare Profiles Clix Capital raises Rs 220 crore equity from existing investors including Apollo Global
Clix Capital has raised Rs 220 crore in fresh equity capital. This investment round was led by existing investors — Apollo Global Management, Pramod Bhasin and Anil Chawla.
11.02 / 16:35
UPS Provident Art Booking Strategy Justice Inside Inside a $5 billion fortune: One family’s ledger in the Epstein files
Subscribe to enjoy similar stories. What do personal finances look like for someone worth billions? The Epstein files provide a rare look. The complex finances of former Apollo Global Management Chief Executive Officer Leon Black are laid out in several documents in the Justice Department’s recent releases, down to the exact balances in each of his 69 bank accounts and the details of a $484 million loan backed by his extensive art collection.
28.04 / 12:41
UPS CEO stage reports US Silica agrees to go private in $1.85 billion acquisition by Apollo Global
U.S. Silica has agreed to go private in an all-cash acquisition by Apollo Global Management that values the industrial minerals company at about $1.85 billion
16.04 / 11:07
Provident ETF Strategy Matthews wellness Relationships Advisors demanding more from asset managers than just latest fund
Face it, fund companies. It’s no longer enough just to push products. Financial advisors want more.
10.04 / 16:17
markets UPS JPMorgan Citigroup Trade cover reports Banks strike back against private credit
When it comes to financing deals, don’t count out the big Wall Street banks quite yet. A big narrative in recent years has been that America’s biggest deposit-taking investment banks are losing ground to their nonbank rivals, the likes of Blackstone and Apollo Global. One worry for banks was that private credit—meaning, in this context, lending directly to businesses by alternative-asset fund managers, insurers and others—was going to eat into investment banks’ business originating loans and distributing them to investors.
14.03 / 14:01
markets UPS Provident Target economy Research Traffic Private Equity Wants Your Credit Card Debt. And Car Loan. And Mortgage.
Private fund managers such as Apollo, Ares, Blackstone and KKR have grown to dominate corporate finance over the past decade. Now they are targeting the biggest prize in the global economy: the U.S. consumer.
17.10 / 13:41
UPS IPO Strategy HSBC UBS reports 2024 Hero FinCorp to launch mega ₹4,000 crore IPO in 2024; Jefferies, HDFC, 6 others selected as advisors: Report
₹4,000 crore, according to a report by news website Moneycontrol. The size of the proposed IPO may vary later depending on market conditions and share sale strategies of the investors, according to the report. "This is a big listing in the works.
14.08 / 11:39
UPS Lowe's SEC LEGO performer Everyone is offering incentives — Raymond James
Once upon a time there was a golden age. Porridge was neither too hot, nor too cold. Interest rates were low, valuations were high and there was leverage for all. Banks wined and dined private equity funds so that they might be considered as lenders, while investors queued up to shower funds with cash. Everything was awesome, as the Lego movie told us.
14.08 / 01:59
IPO Provident MAIL Booking Aware Honda Hero Hero FinCorp in talks with I-banks for Rs 4,000-crore IPO
Hero FinCorp, an arm of India's largest two-wheeler maker, Hero MotoCorp, has interviewed investment banks over the past two weeks as it searches for underwriters for a planned initial public offering (IPO) of shares that could raise ₹4,000 crore, according to people aware of the matter. The financing arm of the two-wheeler maker that provides retail and business loans has interviewed 7-8 investment banks that include domestic and international players. It could finalise the list of advisers soon, according to people in the know.
25.07 / 11:19
Provident Strategy social Financial Senate Panel Probes Leon Black’s Financial Ties to Epstein, Tax Maneuvers
The U.S. Senate Finance Committee is investigating former Apollo Global Management Chief Executive Leon Black’s tax strategies and dealings with the late disgraced financier Jeffrey Epstein, pressing the private-equity billionaire for information on Epstein’s high-price tax advice. Committee Chairman Ron Wyden on Tuesday released a letter to Black that made public the panel’s investigation, which has been going for a year.
25.05 / 07:25
Provident CEO Judge rejects rape case against Apollo Global co-founder Leon Black
A lawsuit accusing Apollo Global co-founder and former CEO, Leon Black of rape and defamation has been dismissed, ending a two-year legal battle.
22.02 / 16:43
CEO Backed Apollo-backed German bank prepares to list after record profit
The chief executive officer of Apollo Global Management-backed German lender Oldenburgische Landesbank said on 22 February that record profits in 2022 meant the company was prepared for a stock-exchange listing.
01.07 / 10:37
Southern Leon Black rebuffed in Apollo conspiracy claim
A federal judge dismissed a case brought by former Apollo Global Management chief executive Leon Black alleging that his former partner and others conspired to destroy his reputation and push him out of the firm.

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