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Apollo Management(APO) - 2024 Q2 - Quarterly Results
2024-08-01 10:30
Apollo Global Management, Inc. Second Quarter 2024 Earnings Second Quarter 2024 Financial Highlights GAAP Net Income Attributable to Apollo Global Management, Inc. Common Stockholders was $828 million for the quarter ended J . share Apollo's primary non-GAAP earnings metric, Adjusted Net Income, which represents the sum of FRE, SRE, and PII, less HoldCo . costs and taxes, totaled $1.0 billion, or $1.64 per share, for the second quarter | --- | |--------------------------------------------------------------- ...
Apollo Reports Second Quarter 2024 Results
GlobeNewswire News Room· 2024-08-01 10:30
NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the second quarter ended June 30, 2024. Marc Rowan, Chief Executive Officer at Apollo said, “We generated record fee related earnings in the second quarter behind particularly strong momentum in Asset Management. The business produced record levels of quarterly debt origination, gross capital deployment, and third-party fundraising excludin ...
U.S. Silica Completes Transaction with Apollo Funds
Prnewswire· 2024-07-31 18:56
KATY, Texas and NEW YORK, July 31, 2024 /PRNewswire/ -- U.S. Silica Holdings, Inc. ("U.S. Silica" or the "Company"), a diversified minerals company and a leading last-mile logistics provider to the oil and gas industry, and Apollo (NYSE: APO) today announced that funds managed by affiliates of Apollo (the "Apollo Funds") have completed the previously announced acquisition of the Company. The Company will continue to operate under the U.S. Silica name and brand and will continue to be led by Bryan Shinn and ...
Nokomis Energy Announces $30 Million Investment from Great Bay Renewables
Prnewswire· 2024-07-31 14:15
MINNEAPOLIS, July 31, 2024 /PRNewswire/ -- Nokomis Energy has finalized a $30 million investment from Great Bay Renewables, a leading renewable energy investment fund.This investment enables Nokomis Energy to expand its growing portfolio of distribution-sited projects across the Midwest. Nokomis is focused on delivering clean, competitive electricity on the distribution grid, recognizing that communities cannot meet their energy needs solely through transmission-sited electricity generation. Nokomis Energ ...
Apollo Global Management (APO) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2024-07-29 14:22
Analysts on Wall Street project that Apollo Global Management Inc. (APO) will announce quarterly earnings of $1.74 per share in its forthcoming report, representing an increase of 2.4% year over year. Revenues are projected to reach $871.9 million, increasing 10% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 0.2% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimat ...
Apollo Leads $700M Capital Solution for Sony Music Group
Newsfilter· 2024-07-26 11:14
NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that, on behalf of its affiliated and third-party insurance clients and other investors, it has provided a $700 million capital solution to Sony Music Group, an affiliate of Sony Group Corporation ("Sony"), for investments in the music industry. "We are pleased to provide a bespoke capital solution to an affiliate of one of the world's leading companies. This investment allows our clients to invest in high grade securities while h ...
New Notified/PRWeek Survey Sheds Light on the Evolving Nature of Influence
Newsfilter· 2024-07-25 13:00
NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Notified, a globally trusted technology partner for investor relations and public relations professionals, today published The Evolution of Influence in partnership with PRWeek – the latest communications industry survey that showcases how public relations is changing and how communicators can stay ahead. Among the findings, the majority of PR pros believe it's more challenging than ever to influence stakeholder awareness, trust and sentiment, given the proliferat ...
New Notified/PRWeek Survey Sheds Light on the Evolving Nature of Influence
GlobeNewswire News Room· 2024-07-25 13:00
NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Notified, a globally trusted technology partner for investor relations and public relations professionals, today published The Evolution of Influence in partnership with PRWeek – the latest communications industry survey that showcases how public relations is changing and how communicators can stay ahead. Among the findings, the majority of PR pros believe it’s more challenging than ever to influence stakeholder awareness, trust and sentiment, given the proliferat ...
Apollo Funds to Acquire Evri, a Leading UK Parcel Delivery Company, from Advent International
Newsfilter· 2024-07-25 12:37
NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that Apollo-managed funds (the "Apollo Funds") have entered into a definitive agreement with Advent International to acquire Evri, one of the UK's largest parcel delivery companies. Since relaunching as Evri in 2022, the company has grown to become a key leader in parcel delivery, with a strong national network purpose-built for third-party e-commerce parcels and a differentiated last-mile delivery model. Today, Evri reaches nearl ...
Mammoth Solar Wins the 2024 Dual-Use Plan of the Year at the North American Agrivoltaics Awards
Newsfilter· 2024-07-24 13:15
Knox, Indiana, July 24, 2024 (GLOBE NEWSWIRE) -- Mammoth Solar, the Doral Renewables' 1.3-gigawatt project across Starke and Pulaski counties in northwest Indiana, was awarded the Dual Use Plan of the Year award in the first edition of the North American Agrivoltaics Awards in a ceremony during the Solar Farm Summit. The project has been recognized for outstanding excellence in innovation for its dual-use solar development design. This prestigious recognition highlights the project's groundbreaking approach ...