The company was founded by Marc Jeffrey Rowan, Leon David Black, and Joshua Jordan Harris in 1990 and is headquartered in New York, NY. Long live JPMorgan! Our Hybrid business provides companies with flexible equity and debt solutions at scale and invests in all market environments. Their most recent investment was on Apr 17, 2023, when Cengage Group raised $500M. It was sold in 2011 for $400 million. [42] In 2002, Attorney General of California Bill Lockyer accused Apollo, Leon Black, and an investor group led by French bank Credit Lyonnais of violating California law by having a foreign government-owned bank acquire the assets and bond portfolio of Executive Life Insurance Co. in 1991. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Exclusive news, data and analytics for financial market professionals, Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Krishna Chandra Eluri. [174][175], In May 2021, Apollo's Gamenet acquired the Italian gaming businesses of International Game Technology for 950 million. It was liquidated in 2020. Verizon sells media businesses including Yahoo and AOL to Apollo - CNBC What's the investment trend over time for this hub? Rackspace was started by founders as an application developer but later the company became a cloud computing company. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. In 2011, the Henry's chain was merged with Sprouts Farmers Market, which, like the Henry's markets, had been founded by Henry Boney. Leadership & About Apollo Global Management | Apollo Global Management We have a value-oriented approach across private equity, credit, and real estate. [1] ^ Portfolio companies are those companies that are currently or have been previously owned or controlled by the private equity firm or its affiliate funds. Apollo Reports Fourth Quarter and Full Year 2022 Results, Apollo Launches Clean Transition Capital Strategy to Support Firmwide Target to Deploy $50 Billion by 2027. Apollo Global Management | APO Stock Price, Company Overview & News Citigroup had been unable to syndicate the loans before the onset of the credit crunch. [41][citation needed], In 2002, when Ares raised its first corporate opportunities fund, the firm announced that it would separate from its former parent company. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Apollo helps millions of people retire better, whether providing guaranteed income products through Athene or tailored portfolio and asset management services to external retirement plans. Here are some ways to put healthy conflict resolution into practice. Learn more about our history. [94][95] In April 2010, the deal was terminated due to poor shareholder response. Private Equity Round - The North Road Company, Motive Ventures acquired by Motive Partners, EnVen Energy Corporation acquired by Talos Energy, Windsor Mold acquired by ABC Technologies, MIDEO acquired by US Acute Care Solutions, Investor, Startup, Company or School that the hub is based on, Total number of organizations associated with this hub, Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of founders of organizations in the hub, Average date the Organization was founded, Percentage of organizations in this hub that have been acquired, Percentage of organizations that have gone public with an IPO, Total number of for-profit companies in this hub, Top 5 investor types represented in this hub, Last Funding Round type of organizations in the hub (e.g. Apollo Global Management is a global asset management firm that specializes in credit-oriented capital and real estate markets. Apollo declined to comment. Colorful THG founder Matt Moulding confirmed this morning, just a day before the company announces its results, that THG had received a bid from private equity giant Apollo Global Management. The following 36 pages are in this category, out of 36 total. [137][138], In March 2018, Apollo acquired Mexican-style restaurant chain Qdoba from Jack in the Box. In June 2007, Smart & Final completed the acquisition of the Henry's Marketplace chain of "farmers market" style food retailers from Wild Oats Markets as part of that company's acquisition by Whole Foods Market. [19], Apollo acquired interests in companies that Drexel had helped finance by purchasing high-yield bonds from failed savings and loans and insurance companies. Apollo acquire 50% equity stake in MaxCap | MaxCap Group Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. [135][136], In November 2017, Apollo lent $184 million to Kushner Companies to refinance the mortgage on a Chicago skyscraper. He was replaced as CEO by Marc Rowan. [59], In 2006, Apollo acquired International Paper's coated paper and supercalendered paper business for $1.4 billion, renaming the business Verso Paper. What Companies Does Apollo Global Management Own In 2023 - DATAROMA Category for portfolio companies of the private equity investment firm: Apollo Global Management. We believe that mastering how to invest in Alternatives is more important today than ever. Our Equity business is focused on value-oriented opportunities where we can drive financial and operational performance to build stronger companies. Watch Apollo CEO Marc Rowan and Lead Portfolio Manager Matt OMara discuss how alternatives might help address the challenges faced today by investors in public markets. [44], In April 2004, Apollo raised $930 million through an initial public offering for a listed business development company, Apollo Investment Corporation. Academi, founded by Erik Prince and formerly known as Blackwater USA, is best known for its role in the Nisour Square massacre, where Blackwater guards killed 17 Iraqi civilians and injured 20.

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