Apollo

Abu Dhabi's MGX Expands Leadership Team with High-Profile Hires Amid Trump's AI Ambitions

18 days ago

In a strategic move aimed at strengthening its position in the artificial intelligence sector, Abu Dhabi's MGX has announced the hiring of top executives from prestigious investment firms, Apollo Global Management and Warburg Pincus. This decision comes at a time when the global technology landscape is rapidly evolving, particularly in the aftermath of former President Donald Trump’s renewed push for AI advancements in the United States.

Meta Explores $3.5 Billion Financing for Data Centers with Apollo Global Management

1 month ago

In a significant move reflecting the ongoing demand for robust data infrastructure, Meta Platforms Inc. is in advanced discussions to secure $3.5 billion in financing aimed at bolstering its data center operations. This financing effort is reportedly being led by the private equity firm Apollo Global Management, a strategic partnership that could enhance Meta's capabilities in data management and processing.

Apollo's Slok Warns of Potential Market Turmoil Amid Rising Treasury Yields

3 months ago

In a compelling address, chief economist at Apollo Global Management, Torsten Slok, issued a stark warning regarding the economic landscape shaped by soaring U.S. Treasury yields. Slok pointed to the possibility of a "Truss moment," referring to the brief and chaotic economic crisis triggered by the policies of former British Prime Minister Liz Truss in 2022, which serves as a cautionary tale for current market conditions.

CommScope Partners with Apollo Monarch for Major $4 Billion Refinancing Deal

4 months ago

In a significant strategic move, CommScope, a prominent player in the telecommunications sector, has officially announced a refinancing agreement with Apollo Monarch. This partnership is set to address an impressive $4 billion in existing debt, signaling a decisive step towards bolstering the company's financial stability and future growth prospects.

Apollo Global Management Expands Footprint in Fintech Sector with Strategic Investment

5 months ago

In a significant move aimed at enhancing its service offerings in private market transactions, Apollo Global Management has announced a substantial investment in fintech. This investment underscores the firm’s commitment to integrating advanced technology solutions into its investment processes to better serve clients, particularly in the realm of private capital markets.

Apollo's Bold Move: A Game-Changer for Intel and Wall Street

6 months ago

Today marked a huge day in the markets: Apollo Global Management threw down a bombshell of an offer to buy Intel Corporation-a bold move that sent ripples across Wall Street and the technology world. The announcement was just made on September 23, 2024, and has since become the word on every analyst's and expert's lips as they speculate on the possible effects of this deal.

Apollo Global Management Proposes Multi-Billion Dollar Investment in Tech Giant Intel

6 months ago

Apollo Global Management is the major asset management firm that reportedly proposed an offer to invest billions of dollars in the technology giant, Intel Corporation. The sources close to the discussions described the deal as a landmark proposal, since it would not only considerably strengthen the financial position of Intel but also support ambitious tech initiatives.