Latest news and articles about Apollo Global Management from NEX English
Jim Zeltner, CEO of Apollo Global Management, stated that concerns regarding private credit are merely growing pains, emphasizing that recent developments in the sector reflect a natural transitional phase. He spoke at a financial conference aimed at reassuring investors about the future of this asset class.
Intel, the semiconductor giant, has announced an agreement to pay <strong>$14.2 billion</strong> to regain half of its stake in its plant in Ireland. This move aims to enhance its production capabilities as the company seeks to reclaim its position in the technology market.
Apollo Global Management is close to finalizing a deal to acquire Atlantic Aviation from KKR, with the transaction potentially valued at around $10 billion. This acquisition marks a significant move in the private aviation sector as Apollo seeks to enhance its investment portfolio.
Apollo Global Management has announced its intention to establish a second headquarters in the United States, considering locations in South Florida or Texas. This decision aims to enhance the company's presence in the American market.
Mark Rowan, CEO of Apollo Global Management, stated that his only interaction with Jeffrey Epstein was as a tax advisor for the company's founder, Leon Black. This revelation was made during the Bloomberg Investment Conference on March 3rd.
Ares Management and Apollo Global Management have announced new restrictions on fund withdrawals, reflecting increasing pressures in the $1.8 trillion private credit market. Ares will allow only 5% withdrawals from its fund, while Apollo has imposed similar restrictions following a surge in requests.
Apollo Global Management has announced its acquisition of Japan's Nippon Sheet Glass, a leader in the glass manufacturing industry, in a deal valued at approximately <strong>$3.7 billion</strong>. This acquisition reflects Apollo's expansive strategy in global markets.
The private lending crisis on Wall Street has intensified as Apollo Global Management imposes restrictions on withdrawing hundreds of millions from one of its main funds. This move raises new concerns about the stability of the financial system amidst rising interest rates and slowing economic growth.