Business
Apollo took loss on zeroed out asset-backed loan deemed safe
The fallout from the e-commerce aggregator boom is still rippling through credit markets Apollo Global Management took a loss on a portion…
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apollo
Beauty
Coach Taps Omar Apollo as Ambassador for Watches, Eyewear, Fragrance
Coach has lined up a new ambassador: Omar Apollo. The Mexican-American musician will become a global ambassador for the brand and will be…
Business
QXO secures US$1.8 billion financing led by Temasek, Apollo amid building products consolidation
[GREENWICH, Connecticut] Billionaire Brad Jacobs’ QXO said it has secured an additional US$1.8 billion in financing, led by Singapore’s…
Business
Apollo weighs potential US$12 billion sale of Atlas Air
Apollo Global Management is exploring a potential sale of its aviation company Atlas Air Worldwide Holdings, according to sources familiar…
Business
New owners to revive fish farms vacated by troubled Apollo, Barramundi groups
The building at Neo Tiew Crescent in Lim Chu Kang will be used to grow vannamei prawn and food fish Two fish farming facilities that had…
Business
Apollo to become majority shareholder in Atletico Madrid
US fund Apollo’s sports investment arm Apollo Sports Capital has agreed to become the majority shareholder in top-tier Spanish football…
Business
Apollo, KB Securities team up to expand private credit in South Korea
The South Korean firm says that it plans to expand its global private credit footprint and enhance its capabilities in deal sourcing,…
Business
Apollo looks to bring private capital to growth tech firms
The alternative asset manager has also been tapping into the startup economy more through its partnership with Cadma Capital Apollo Global…
Business
KKR, Apollo fuel rush of private investment into Asia’s schools
Private money is pouring into schools in Asia as investors seek to turn a profit on the growing demand for quality education. The booming…
Business
Apollo seeks to double India assets to US$4 billion in credit boom
Apollo Global Management plans to double its assets under management in India to US$4 billion over the next three years, as it looks to…
News
Jim Lovell: Astronaut who guided Apollo 13 safely back to Earth dies aged 97
Watch: Moment Jim Lovell told earth "Houston, we've had a problem" as Apollo 13 suffered a fault Astronaut Jim Lovell, who guided the…
Celebrity
Tom Hanks Honors Astronaut Jim Lovell, Who He Portrayed in ‘Apollo 13’: ‘God Speed You, on This Next Voyage’
Tom Hanks has shared a tribute to James A. Lovell, the astronaut he portrayed in the 1995 feature “Apollo 13.” Lovell died Thursday at the…
Business
Apollo draws US$61 billion in record quarter, but less from wealth
Apollo Capital Management reported record earnings from fees in the second quarter, driven by a boost in lending activity and a bump in…
Business
Chipmaker Wolfspeed nears bankruptcy deal with lenders including Apollo
Struggling chipmaker Wolfspeed will be taken over by creditors including Apollo Global Management under a proposal that would put it into…
Celebrity
Studiocanal’s M-K Kennedy on Company’s Ambition to Become a ‘Television Studio With Worldwide Presence’ With Tentpole Series Like ‘Paris Has Fallen’ and ‘Apollo Has Fallen’ (EXCLUSIVE)
With only one year under her belt as Studiocanal‘s executive managing director of TV series, M-K Kennedy is leveling up the scripted…
Business
Apollo weighs 1.5 trillion yen stake in Seven & i management buyout
APOLLO Global Management is considering taking a substantial stake in a bid by Seven & i’s founding Ito family to take the Japanese…
Business
Apollo to boost staffing for Japan and Asia wealth, top regional executive says
APOLLO Global Management plans to expand in Japan and add staff to its Asia wealth business, its regional top executive said, as global…
Business
Apollo says private credit may reach US$40 trillion by 2030
APOLLO Global Management said that a booming part of private credit is already a US$20 trillion industry and that the market as a whole…
Business
Apollo targets US$25 billion for flagship private equity fund
APOLLO Global Management is readying what could mark its largest ever private equity fund. Apollo is looking to gather US$25 billion of…
Business
Apollo assets reach US$733 billion with boost from wealth clients
APOLLO Global Management’s push to target wealthy individuals helped boost the firm’s assets under management to US$733 billion, a 16 per…
Culture
Apollo plans to double Asia-Pacific headcount in private wealth
APOLLO Global Management is looking to boost hiring in the Asia-Pacific region as it seeks to grow assets from wealthy clients. “We plan…