Brings Total Capital Raised Across Apollo S3 Platform to Nearly $10 Billion Since 2022 LaunchNEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced the final close of Apollo S3 Equity and Hybrid Solutions Fund I (“ASEHS” or the “Fund”), the flagship equity secondaries drawdown strategy of Apollo’s Sponsor and Secondary Solutions (S3) platform, with approximately $5.4 billion in commitments. The final closing exceeded the target, reflecting strong support from a diverse group of global ...

Core Insights - Tenneco LLC has completed a strategic investment into its Clean Air and Powertrain businesses from Apollo Fund X, with American Industrial Partners also investing, marking a significant milestone in Tenneco's transformation and growth in the mobility sector [1][2][3] Company Overview - Tenneco will continue to operate as a unified company with no changes to its management team or strategic direction, enhancing access to capital for targeted growth strategies and innovation [2][3] - Since being acquired by Apollo Funds in late 2022, Tenneco has achieved top-quartile financial and operational performance, streamlined its organizational model, and invested in advanced capabilities [3] Investment Details - The new investment is expected to strengthen Tenneco's ability to drive both organic and inorganic growth while focusing on its core strategic priorities [3] - Advisors for Tenneco include Citigroup Inc. and Deutsche Bank Securities Inc., while Apollo Funds are advised by Barclays Capital Inc., Lazard, and PJT Partners LP [4] Industry Context - Tenneco is a leading designer, manufacturer, and marketer of automotive products, driving advancements in global mobility through its various groups, including DRiV, Performance Solutions, Clean Air, and Powertrain [5] - American Industrial Partners, with approximately $17 billion in assets under management, focuses on industrial businesses across various end markets, aiming to generate differentiated returns [7]

Core Insights - Apollo is a high-growth global alternative asset manager with a focus on providing excess returns across various risk-reward spectrums [2] - As of December 31, 2024, Apollo managed approximately $751 billion in assets [2] Company Participation - Martin Kelly, the Chief Financial Officer of Apollo, will participate in a fireside chat at the Barclays Americas Select Franchise Conference on May 7, 2025, at 8:30 am EDT [1] - A live webcast of the event will be available on Apollo's Investor Relations website, with a replay accessible shortly after the event [1]

Apollo Global Management, Inc. (APO) is scheduled to announce first-quarter 2025 results on May 2, before market open. APO’s quarterly earnings and revenues are expected to have increased from the year-ago reported levels.In the last reported quarter, Apollo’s earnings surpassed the Zacks Consensus Estimate. Results were primarily aided by a rise in assets under management balances, along with a decline in expenses. However, lower revenues acted as headwinds in the quarter.APO’s earnings beat the consensus ...

Core Insights - The Great Bend project in Meigs County, Ohio, will have a solar power generating capacity of 48 MWac, expected to power approximately 9,000 homes once operational [1] - The project will generate revenue through energy sales and renewable energy certificates via a long-term Power Purchase Agreement (PPA) with a major U.S. utility [1] - The project is anticipated to provide over $400,000 annually in new tax revenue for Meigs County [1] - Doral Renewables aims to achieve commercial operations for the Great Bend project by Q4 2025 [1] Company Overview - Doral Renewables is a Philadelphia-based developer, owner, and operator of renewable energy assets across the U.S., with a solar and storage development portfolio exceeding 16 GW [3] - The company currently has 400 MW in operation and 950 MW under construction, operating in 20 states and seven electricity markets [3] - Doral has secured over $2.5 billion in long-term wholesale power purchase agreements with U.S. customers [3] - The company emphasizes community engagement and aims to integrate agrivoltaics practices into its projects [3] Financial Partnerships - Fifth Third Bank is leading the tax equity financing for the Great Bend project, indicating a strong partnership with Doral [2] - Doral's CFO expressed excitement about the partnership, highlighting its importance for future growth and project execution [2]

Core Viewpoint - Apollo has agreed to acquire the European colocation business developed and managed by STACK Infrastructure in a carve-out transaction, aiming to leverage its expertise and resources to accelerate growth in the data center sector [1][3]. Company Overview - The Company consists of seven data center assets located in five key European markets: Stockholm, Oslo, Copenhagen, Milan, and Geneva, catering to a diverse range of blue-chip enterprise clients including telecommunications carriers, IT services companies, and financial institutions [2]. Strategic Intent - The CEO of the Company expressed enthusiasm about partnering with Apollo to enhance growth as a standalone entity, emphasizing the potential to capitalize on industry tailwinds and deliver greater value to stakeholders [3]. - Apollo's partner highlighted the strong demand for data center infrastructure, particularly for high-quality, interconnected colocation businesses, viewing this acquisition as a long-term growth opportunity [3]. Operational Focus - STACK EMEA's CEO noted the establishment of a dedicated enterprise colocation business unit to meet the specialized needs of the hyperscale sector while ensuring continued support for former enterprise colocation clients [3]. - The management team and all employees from the EMEA colocation business are expected to transition with the Company, which will undergo rebranding and will no longer use the STACK Infrastructure name [3]. Transaction Details - The acquisition is subject to certain closing conditions, including regulatory approvals, with Latham & Watkins LLP serving as legal counsel to the Apollo Funds [4].

Core Viewpoint - West Technology Group, LLC has appointed Sam Meckey as President of its WestCX business unit, aiming to enhance its leadership in technology-enabled services [1][4]. Group 1: Leadership Appointment - Sam Meckey has extensive experience in the healthcare industry, previously serving as CEO of UpHealth and leading the healthcare business at EXL Services [2]. - Meckey's background includes significant roles at Optum, where he managed a $1 billion global BPO/ITO business [2]. - His educational qualifications include a BS in Economics from the United States Naval Academy, an MS in Aerospace Operations from Embry-Riddle Aeronautical University, and an MBA from Harvard Business School [2]. Group 2: Business Unit Overview - WestCX provides AI-driven omnichannel solutions that enhance customer interactions and optimize engagement, leading to improved efficiency and customer satisfaction [3]. - The WestCX unit encompasses the TeleVox and Mosaicx brands, indicating a focus on innovative technology solutions [3]. Group 3: Company Background - West Technology Group is a cloud-based global technology partner, facilitating critical connections for clients worldwide [5]. - The company operates in multiple regions, including the United States, Canada, Europe, Asia Pacific, and Latin America, showcasing its global reach [6]. - West is controlled by affiliates of certain funds managed by Apollo Global Management, Inc. [6].

Group 1 - The importance of formatting in press releases is emphasized, as it enhances engagement and media attention [1] - Expert tips on formatting press releases are provided to ensure effective communication of corporate narratives [1][4] - Notified is highlighted as a technology partner for investor relations and public relations, offering integrated platforms for various communication needs [4][5] Group 2 - The company aims to streamline processes such as press release distribution, media outreach, and regulatory filings [4] - GlobeNewswire is mentioned as a significant player in newswire distribution, serving organizations for over 30 years [4] - The announcement includes a media contact for further inquiries [5]

Group 1 - Markets have experienced significant growth over the past several years, despite a challenging start in 2025, primarily driven by the rise of ChatGPT and strong performance from AI infrastructure companies like Nvidia [1] - Nvidia has been highlighted as a key player in the AI infrastructure sector, contributing to the overall market boom [1] Group 2 - The company invests substantial resources, including thousands of hours and over $100,000 annually, into identifying profitable investment opportunities [2] - The investment strategy has garnered over 180 five-star reviews from members, indicating a positive reception and effectiveness of the approach [2]

Core Insights - TeleVox has launched Insights360, a cloud-based analytics solution designed to enhance patient call experiences by analyzing every aspect from dial to disconnect [1][3] - The technology records calls within the telecom network and generates patient-centered data, focusing on the customer's perspective rather than the agent's [3][4] Product Features - Insights360 provides customized analytics to identify specific challenges in healthcare organizations, enabling smarter self-service and reduced operational costs [4] - The solution offers actionable insights, such as identifying network connectivity issues, reasons for agent transfers, and analyzing repeat calls for better resolution [4] Industry Context - TeleVox serves over 7,000 healthcare organizations, integrating its patient relationship management platform with electronic health records to facilitate two-way interactions [6] - The company has been in operation for 30 years, focusing on improving healthcare communication and reducing the operational burden on staff [6][7] Upcoming Events - TeleVox will showcase Insights360 at the Becker's Healthcare Annual Meeting from April 28 to May 1 in Chicago, where attendees can participate in live demos and workshops [5]