Core Insights - Apollo has successfully closed $8.5 billion in total commitments for its Accord+ strategy, including $4.8 billion for Accord+ Fund II, bringing total assets for its hybrid credit business to approximately $40 billion [1][2]. Group 1: Fund Strategy and Focus - Accord+ II employs an opportunistic strategy that focuses on high-conviction investments across the credit spectrum, including private corporate credit and asset-backed finance [2]. - The Fund is expected to tactically allocate to high-quality investments at the top of the capital structure and secondary opportunities based on prevailing market conditions [2]. Group 2: Market Conditions and Investor Demand - Apollo's leadership believes that the current market conditions, characterized by higher interest rates and volatility, present an attractive environment for opportunistic credit investments [3]. - The strong investor demand for the latest vintage of the Accord+ series is attributed to Apollo's investment acumen and alignment with market opportunities [3]. Group 3: Investor Base and Future Plans - The close of Accord+ II reflects broad support from a diverse group of global investors, including pension funds, sovereign wealth funds, financial institutions, and family offices [3]. - Apollo plans to continue expanding its Accord strategy family within its hybrid business, including future funds and tailored credit solutions for institutional and wealth clients [3]. Group 4: Company Overview - Apollo is a global alternative asset manager with approximately $751 billion in assets under management as of December 31, 2024, focusing on providing clients with excess returns across various risk-reward spectrums [5].

ISLANDIA, N.Y., May 01, 2025 (GLOBE NEWSWIRE) -- West Technology Group, LLC (the “Company” or “West”) has completed the sale of its Notified business to Equiniti (EQ)1, a global leader in shareholder services and advisory firm. “We are pleased to complete the sale of Notified and believe that the complementary strengths of EQ and Notified will elevate the platform to new heights,” said John Shlonsky, President and Chief Executive Officer of West. “Notified has transformed the way businesses connect with sta ...

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 ...

NORTHVILLE, Mich., April 30, 2025 (GLOBE NEWSWIRE) -- Tenneco LLC (“Tenneco”) today completed the previously announced strategic investment into its Clean Air and Powertrain businesses from Apollo Fund X, with American Industrial Partners (AIP) investing alongside. This marks a significant milestone in Tenneco’s continued transformation and positions the company for its next chapter of growth as a leading global supplier in the mobility sector. Tenneco will continue to operate as one unified company, with n ...

NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Martin Kelly, Chief Financial Officer, will participate in a fireside chat at the Barclays Americas Select Franchise Conference on Wednesday, May 7, 2025 at 8:30 am EDT. A live webcast of the event will be available on Apollo’s Investor Relations website at ir.apollo.com. For those unable to join live, a replay will be available shortly after the event. About Apollo Apollo is a high-growth, global alternative asset manager. ...

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 ...

"We are proud to support Doral as lead on the tax equity financing for Great Bend," said Jon Stark, corporate banking managing director and group head of renewables at Fifth Third. "Supporting premier platforms like Doral squarely fits our future growth, and we look forward to growing with Doral as they continue to execute on their high-quality U.S. renewables pipeline." Media Inquiries: Ran Rabi, [email protected] Financing Inquiries: Evan Speece, [email protected] "We are excited to partner with Fifth Thi ...

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].

West Technology Group, LLC is an innovative, cloud-based, global technology partner to clients around the world. Our solutions connect people and organizations at the right time and in the right ways, making those mission-critical connections more relevant, engaging, and actionable - turning Information to Insight. "I am excited to welcome Sam Meckey as WestCX's new President. Sam brings two decades of experience in the healthcare industry and has a remarkable track record of driving sales growth, transform ...

About Notified Best Practices to Boost Readability and Media Attention NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- Formatting your press release correctly is just as important as the content. A clear, well-structured release makes your news more engaging, grabs media attention and helps your story shine. To ensure your next press release gets the attention it deserves, our blog features expert formatting tips. You'll learn: Read the full post. We are Notified, and your story goes here. As the only technolo ...