LONDON and NEW YORK, March 19, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that funds managed by Apollo affiliates (the “Apollo funds”) have agreed to acquire a majority stake in OEG Energy Group (“OEG” or the “Company”), a leading offshore energy solutions business, from funds managed by the Power Opportunities strategy of Oaktree Capital Management, LP (“Oaktree”) and other investors. The transaction implies a headline valuation of more than $1 billion for OEG, and Oaktree and others will ...

Core Insights - The webinar titled "Beyond the Blast – How to Pitch with Purpose and Build Lasting Media Relationships" aims to improve media outreach strategies for public relations professionals [1][3] - The event will feature Barbara Nonas, an award-winning PR strategist with over 20 years of experience, who has successfully secured over 1,000 media placements for various organizations [2] Group 1: Webinar Details - The webinar is scheduled for Tuesday, March 25, 2025, from 12:30 PM to 1:30 PM ET [1] - Attendees will learn strategies to enhance their pitching techniques and build long-term media relationships [1][3] Group 2: Importance of Effective PR - A significant number of PR pitches are ignored due to lack of relevance and value, highlighting the need for improved pitching strategies [3][5] - The webinar aims to help communicators avoid common mistakes that lead to unanswered pitches and improve response rates by demonstrating clear value [5] Group 3: Company Overview - Notified is positioned as a technology partner for both investor relations and public relations professionals, offering integrated platforms for media outreach and corporate narrative management [4] - GlobeNewswire, part of Notified, is recognized as one of the largest and most trusted newswire distribution networks, serving leading organizations for over 30 years [4]

Core Insights - West Technology Group has entered into a definitive agreement to sell its Notified business to Equiniti for $534.5 million, which includes an $80 million earnout [1][3] - The transaction is expected to close in the second quarter of 2025, pending regulatory approvals and customary closing conditions [3] Company Overview - West Technology Group is a global leader in technology-enabled services, providing innovative, cloud-based solutions that connect organizations and individuals [5][6] - The company operates in multiple regions, including the United States, Canada, Europe, the Middle East, Asia Pacific, and Latin America, and is controlled by affiliates of Apollo Global Management [6] Notified Business - Notified is a leading global technology and services partner for corporate storytellers, including investor relations, public relations, and corporate communications professionals [2] - The services provided by Notified include IR websites, shareholder communications, marketing, and regulatory press release distribution, along with measuring the impact of earned media [2] Strategic Rationale - The acquisition is seen as a strategic move that will enhance Notified's capabilities in empowering PR and IR professionals with necessary tools and support [3] - The CEO of West emphasized that customers will continue to receive exceptional service and trusted solutions post-transaction [3] Equiniti Overview - Equiniti is a global leader in shareholder services and advisory, serving approximately 5,000 clients, including around 50% of the FTSE 100 UK and 35% of the S&P 500 [7] - The company specializes in managing ownership through critical corporate lifecycle events, providing strategic insights and operational expertise [7]

Investment Overview - Leon Cooperman, a billionaire hedge fund manager, manages over $3 billion with 47 different stocks in his portfolio as of 2025 [2][3] Largest Stock Investments - The five largest stock investments by Cooperman are: - Mr. Cooper Group (COOP): $275 million investment, 4.47% ownership [3] - Energy Transfer LP (ET): $248 million investment, 0.37% ownership [3] - Vertiv Holdings (VRT): $239 million investment, 0.56% ownership [3] - Apollo Global Management (APO): $229 million investment, 0.25% ownership [3] - WillScot Mobile Mini Holdings (WSC): $135 million investment, 2.18% ownership [3] Portfolio Characteristics - Cooperman's portfolio is noted for lacking typical high-profile stocks, with only one of the "Magnificent Seven" stocks, Alphabet, included [4] - The portfolio features relatively few household names, indicating a unique investment strategy [4] Company Descriptions - Mr. Cooper Group is a major player in the mortgage servicing industry [5] - Energy Transfer is involved in natural gas transportation and energy storage, offering a 6.8% dividend yield and has a market capitalization of $65 billion [5] - Vertiv provides essential power, cooling, and IT infrastructure services [5] - Apollo Global Management is an alternative asset manager with over $500 billion in assets under management [5] - WillScot Mobile Mini offers mobile storage solutions and modular buildings primarily for businesses [5]

Core Insights - The webinar titled "How to Use Data to Drive IR Strategy" aims to educate investor relations teams on effectively leveraging data from various sources to enhance their strategies and competitive edge [1][3]. Group 1: Webinar Details - The event is scheduled for March 12, 2025, from 11 am to 12 pm ET [1]. - Erik Carlson, COO of Notified, will lead the session, bringing over a decade of experience in private equity and business transformation [1][5]. Group 2: Importance of Data in Investor Relations - In a rapidly evolving market, it is crucial for IR teams to harness data to optimize investor engagement and make informed decisions [3]. - The webinar will provide essential strategies and tools for IROs to elevate their approach [3]. Group 3: Learning Objectives - Attendees will learn to extract valuable insights from existing IR data [4]. - The session will focus on turning analytics into a powerful IR strategy [4]. - Participants will be guided on building a data-driven, scalable IR program [4].

Core Insights - GFL Environmental Inc. has sold its Environmental Services business to Apollo Funds and BC Partners for an enterprise value of $8 billion, allowing GFL to pursue organic growth and solid waste M&A opportunities [1][3][4] Company Overview - GFL is the fourth-largest diversified environmental services company in North America, providing solid waste management services across Canada and more than half of the U.S. states, with a workforce of over 15,000 employees [5] Financial Implications - GFL plans to use the proceeds from the sale to repay debt, with up to $2.25 billion allocated for share repurchases, subject to market conditions, and the remainder for transaction fees and general corporate purposes [6] - The transaction enables GFL to accelerate its balance sheet deleveraging towards investment grade levels and return capital to shareholders through share repurchases and future dividend increases [6] Equity Interests - Following the transaction, GFL will retain a 44% equity interest in the Environmental Services business, while Apollo Funds and BC Partners will each hold a 28% equity interest [7] Industry Position - BGL's Environmental Services & Infrastructure investment banking team has been ranked 1 in Environmental Services transaction volume in North America since 2016, focusing on essential services in waste processing, water treatment, and waste-to-energy markets [8]

Core Insights - TeleVox is showcasing its AI-powered virtual assistant, SMART Agent, at HIMSS 2025, aimed at enhancing patient experiences through omnichannel patient relationship management [1][4] - SMART Agent automates routine tasks and provides self-service options for patients, thereby improving staff efficiency and patient care [2][5] - The collaboration between TeleVox and Mosaicx under West Technology Group enhances their product offerings with advanced voice technology and generative AI capabilities [3] Company Overview - TeleVox serves over 7,000 healthcare organizations, providing solutions that integrate with electronic health records (EHR) for personalized patient interactions [6] - The company has a 30-year history of improving healthcare communication, reducing operational burdens, and driving revenue for healthcare providers [6] - TeleVox is part of West Technology Group, LLC, which is managed by affiliates of Apollo Global Management, Inc. [6]

Core Insights - Apollo Global Management is participating in a keynote panel discussion on private markets at the RBC Financial Services Conference on March 5, 2025 [1] - The event will be available via live webcast and a replay will be accessible shortly after [1] Company Overview - Apollo is a high-growth global alternative asset manager with approximately $751 billion in assets under management as of December 31, 2024 [2] - The company aims to provide clients with excess returns across the risk-reward spectrum, from investment grade credit to private equity [2] - Apollo's retirement services business, Athene, focuses on financial security through retirement savings products and solutions for institutions [2] - The company's investment approach is characterized as patient, creative, and knowledgeable, aligning interests among clients, businesses, employees, and communities [2]

Core Insights - Apollo has appointed Shimpei Kanzaki as Managing Director and Head of Japan Global Wealth, bringing over 20 years of experience in alternative investments and wealth management [1][2] - The company aims to expand its presence in Japan following successful growth in Hong Kong and Singapore, focusing on building partnerships with local distributors [2] - Apollo's investment philosophy emphasizes investor alignment and aims to provide clients with access to private market strategies, which offer potential excess returns and diversification benefits [2][3] Company Overview - Apollo is a high-growth global alternative asset manager with approximately $751 billion in assets under management as of December 31, 2024 [3] - The firm specializes in providing excess returns across the risk-reward spectrum, from investment-grade credit to private equity [3] - Apollo's retirement services business, Athene, focuses on helping clients achieve financial security through a suite of retirement savings products [3]

Core Insights - Athene Holding Ltd. has appointed Louis-Jacques (LJ) Tanguy as Executive Vice President and Chief Financial Officer, effective March 1, 2025 [1][3] Company Overview - Athene is a leading retirement services company with over $360 billion in total assets as of December 31, 2024, and operates in the United States, Bermuda, Canada, and Japan [4] - The company focuses on providing financial security through a range of retirement income and savings products, and also serves as a solutions provider to corporations [4] Leadership Background - LJ Tanguy has over 25 years of extensive accounting and financial experience, previously serving as Chief Accounting Officer for Apollo since early 2022 [2] - His prior experience includes 13 years at Deutsche Bank as a Managing Director and roles at Merrill Lynch Japan Securities and Société Générale [2] Strategic Vision - The CEO of Athene, Jim Belardi, expressed confidence in Tanguy's ability to support the company's growth and innovation, highlighting his successful leadership in previous roles [3] - Tanguy himself expressed excitement about contributing to Athene's continued growth and collaborating with colleagues to achieve future objectives [3]