Core Insights - Apollo-managed funds have completed a $750 million investment grade rated financing for Mumbai International Airport Ltd. (MIAL), a subsidiary of Adani Airports Holdings Limited, which operates Chhatrapati Shivaji Maharaj International Airport, the second largest airport in India [1][2]. Financing Details - The financing consists of 4-year senior secured notes aimed at refinancing existing debt, enhancing MIAL's financial flexibility for operations, modernization, and sustainability initiatives [2]. - The structure allows for an additional $250 million in funding to accelerate capital expenditure and capacity expansion, marking it as one of the largest private investment grade rated deals in India's infrastructure sector [2]. Strategic Importance - This financing is part of MIAL's ambitious growth capital expenditure plans, with Apollo previously providing operational flexibility to deleverage [3]. - The investment positions MIAL to enhance the airport experience for travelers and aligns with the Adani Group's execution capabilities [3]. Market Context - India is identified as an attractive market for hybrid and credit financing, particularly for critical infrastructure projects, making it a key focus for Apollo in Asia [3]. Sustainability Commitment - MIAL is committed to sustainability, aligning with UN Sustainable Development Goals through initiatives such as transitioning to electric vehicles and achieving net zero emissions by 2029 [4]. Company Background - MIAL operates under a Public-Private Partnership model, with Adani Airport Holdings Limited holding a 74% stake and the Airports Authority of India holding 26% [6].

Core Viewpoint - Apollo has signed an agreement to invest up to £4.5 billion in fixed-rate callable notes issued by Électricité de France (EDF) to primarily finance EDF projects in the UK, particularly the Hinkley Point C nuclear power station, marking one of the largest sterling-denominated note issuances on record [1][2]. Group 1: Investment Details - The investment will be used mainly for EDF projects in the UK, with a focus on the Hinkley Point C nuclear power station [1]. - This transaction is noted as the largest-ever capital funding transaction executed by EDF and the largest private credit transaction in the sterling market [2]. - Apollo has a history of investing in French companies, having provided €2.5 billion of High-Grade Capital Solutions to Air France-KLM in recent years [2]. Group 2: Apollo's Investment Strategy - Since 2020, Apollo has originated over $100 billion of bespoke capital solutions for leading companies, including Intel, Air France-KLM, BP, Sony, and AB InBev [3]. - Apollo aims to provide clients with excess returns across the risk-reward spectrum, from investment-grade credit to private equity [5]. Group 3: Legal and Financial Advisory - Latham & Watkins, LLP and Kirkland & Ellis LLP acted as legal counsel to Apollo, while Apollo Capital Solutions Europe B.V. provided structuring and arrangement services for the transaction [4]. - BNP Paribas and Hogan Lovells, LLP served as financial and legal advisors to EDF, respectively [4].

Group 1 - Apollo, a major US private equity firm, will provide £4.5 billion (approximately $6 billion) in financing for the delayed Hinkley Point C nuclear power station in the UK [1] - This transaction is expected to become one of the largest private credit deals in the UK [1] - The private market is focusing on the opportunities arising from the anticipated boom in European infrastructure projects over the next decade [1]

Core Insights - Mosaicx has launched its next-generation Engage platform, which is an AI-native, omnichannel virtual agent solution designed for modern enterprises, showcasing its commitment to innovation and customer experience [3][4] - The company received the CCWomen's Best Workplace for Gender Equity Award, highlighting its dedication to fostering an inclusive workplace culture [2][4] Company Developments - The Engage platform aims to enhance customer interactions by enabling adaptive, voice-led, and personalized experiences, moving beyond traditional intent-based workflows [3] - Mosaicx's strategic priorities include leading with breakthrough technology, delivering measurable customer outcomes, and cultivating a high-performing, inclusive culture [4] - The new Engage platform is set to be generally available in Q3 2025, indicating a timeline for market introduction [4] Industry Impact - Mosaicx's innovations are positioned to improve customer retention, reduce operational costs, and provide faster time to value for clients across various sectors, including healthcare, financial services, and retail [4][5] - The company is part of WestCX under the West Technology Group portfolio, which is managed by affiliates of Apollo Global Management, indicating strong backing and resources for its initiatives [5]

Apollo Global Management Investor Presentation November 2024 Forward Looking Statements & Other Important Disclosures In this presentation, references to "Apollo," "we," "us," "our" and the "Company" refer collectively to Apollo Global Management, Inc. and its subsidiaries, or as the context may otherwise require. This presentation may contain forward-looking statements that are within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 193 ...

Core Viewpoint - Apollo, a leading private equity firm managing $785 billion in assets, is discontinuing its controversial recruiting practice for the 2027 associate class, which has faced criticism from industry leaders like JPMorgan Chase CEO Jamie Dimon [1][4]. Group 1: Recruitment Changes - Apollo communicated via email that it will not participate in recruiting for the 2027 associate class this year, encouraging candidates to take time to understand the business world and reflect on their career passions [2][8]. - This decision contrasts with the industry norm of "on-cycle" recruiting, where first-year investment bankers compete for future positions shortly after starting their jobs, often leading to stressful situations [3][5]. Group 2: Industry Reactions - JPMorgan recently warned its incoming first-year bankers that accepting pre-dated jobs would result in termination, highlighting a growing concern over the ethics of early recruiting practices [4]. - Apollo's CEO, Marc Rowan, stated that the change aims to improve the quality of recruits and address concerns raised by Wall Street leaders regarding the rushed decision-making process for candidates [5][6]. Group 3: Future Outlook - Rowan emphasized that Apollo is in a strong position to attract talent and that avoiding rushed decisions will help reduce turnover, benefiting both candidates and the firm [7][6].

Summary of Apollo Global Management (APO) Conference Call Company Overview - Apollo Global Management is one of the world's largest alternative investment managers with nearly $800 billion in assets under management [2] Macro Economic Insights - Recent months have shown a normalization of investor sentiment and a fading uncertainty regarding the trade war, which is reflected in market performance [5] - The market anticipates fewer interest rate cuts than previously expected, with a likelihood of higher rates persisting for an extended period [6][7] - Higher interest rates are generally favorable for credit markets, leading to a constructive outlook for Apollo's portfolio [8] Capital Solutions Business - Apollo has successfully built a capital solutions revenue stream, which is now a significant part of its business model [11] - The capital solutions business is expected to grow, with a target of achieving $1 billion in annual revenue within five years [14] - The business has shown stability with consistent revenue generation, having achieved over $100 million in revenue for ten consecutive quarters [14] Private Credit Expansion - Apollo views the private credit market as a vast opportunity, estimating it to be a $40 trillion marketplace, primarily in investment-grade and asset-backed financing [21] - The adoption of private credit is still in its early stages, with insurance companies being the most advanced adopters [22] Origination Strategy - Apollo has doubled its origination volume over the past few years, currently running at over $200 billion per year, with expectations to reach $275 billion in the next four to five years [26] - The origination strategy is supported by 16 platforms, which are crucial for driving growth and providing financing solutions [25][30] Fundraising Environment - The fundraising environment is evolving, with challenges in traditional institutional capital raising due to difficult exit conditions [31][34] - Apollo is focusing on expanding its global wealth opportunities and partnerships with traditional firms to access new markets [32] Private Wealth Strategies - Apollo has launched various strategies in the private wealth sector, raising $12 billion last year and continuing to see strong demand [40] - The firm is experimenting with different fund structures across various markets to optimize distribution [42] Annuity Sales Outlook - Annuity sales have tripled over the last five years, with Apollo being the number one writer of annuities [61] - The firm anticipates stable growth in annuity sales, supported by demographic trends and the increasing number of retirees [62] Spread-Related Earnings - Apollo expects mid-single-digit growth in spread-related earnings for the year, influenced by tight asset spreads and competitive pressures in the annuity market [66] - The pace of investments has been cautious, with a focus on deploying capital when favorable conditions arise [70] Conclusion - Apollo Global Management is well-positioned in the current economic environment, with a strong focus on capital solutions, private credit, and origination strategies, while navigating challenges in fundraising and market competition [8][31][66]

Core Insights - T.D. Williamson ("TDW") announced a strategic investment from funds managed by Apollo, while SCF Partners retains a majority ownership stake [1][6][5] Company Overview - TDW has been a leader in the pipeline maintenance and integrity industry for over 100 years, offering a comprehensive suite of maintenance and asset optimization solutions [5] - The company holds more than 500 registered patents, including innovations in advanced isolation, integrated pigging, and in-line integrity assessment and repair [5][7] Investment Details - The investment from Apollo Funds is seen as a significant milestone for TDW, aimed at supporting the company's growth and innovation in meeting customer needs [6][1] - Apollo's involvement is expected to accelerate strategic growth initiatives that enhance the safety, reliability, and efficiency of energy infrastructure [6][1] Strategic Partnerships - SCF Partners, which acquired TDW in June 2022, continues to play a crucial role in TDW's growth strategy alongside Apollo [1][6] - The collaboration aims to deepen customer relationships and expand TDW's technology and product portfolio [6][5]

CCW Award finalist and pioneer in native AI to lead three speaking sessionsOMAHA, Neb., June 05, 2025 (GLOBE NEWSWIRE) -- Mosaicx, a pioneer in customer experience, today announced the launch of the next era of its Engage product. The company will demo the next-generation AI-native platform at Customer Contact Week (CCW) in Las Vegas from June 9-12. Building on 30 years of CX experience, Mosaicx, part of WestCX, within the West Technology Group portfolio, brings to market a transformational leap in customer ...

近日，Apollo Global Management 的私募信贷副首席投资官 John Zito 接受了高盛全球银行与市场部门对 冲基金客户业务负责人、著名金融访谈节目《Goldman Sachs Exchanges》的主持人 Tony Pasquariello 的 深度采访。在这场访谈中，John Zito 分享了 Apollo 在资产管理领域创新转型的深入思考与具体实践。 从金融危机到 2022 年，管理资金的人普遍的交易逻辑就是：利率为零或负值，别碰固定收 益、别碰信用，去做股权、基础设施、房地产，利用最便宜的融资杠杆，把资金投到回报高 的领域。没人会想去建一个靠利差吃饭的信用业务，因为根本赚不到钱。 如果你能证明你具备超额收益（outsize returns），那你就能收费。比如某些多经理策略 （multi-manager），他们收费确实很高，但他们也确实长期做到高净回报。 在采访中，Zito 阐述了 Apollo 如何通过整合旗下保险与退休服务公司 Athene，彻底转变了传统资产管 理模式，成为真正意义上的本金投资者，与客户利益实现了前所未有的一致性。 Zito 也深入探讨了宏观经济环境变化带来 ...