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Apollo Global's Q4 earnings jump 31% on management fees, annuities

Finance

09 February, 2024

Apollo Global's Q4 earnings jump 31% on management fees, annuities

Apollo Global Management said on Thursday its fourth-quarter adjusted net income jumped nearly 31%, driven by growth in management fees ......

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Flashback 2023: Global PE firms shuffle India leadership as exits shake up local VCs

Finance

29 December, 2023

Flashback 2023: Global PE firms shuffle India leadership as exits shake up local VCs

Several private equity and venture capital firms investing in India underwent significant leadership changes in 2023 even as most of ......

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Grapevine: Oyo in talks with Apollo Global to refinance loan; Dream11 buys Sixer

General

06 October, 2023

Grapevine: Oyo in talks with Apollo Global to refinance loan; Dream11 buys Sixer

Hospitality firm Oyo Hotels and Rooms, operated by Oravel Stays Pvt Ltd, is in discussions with a US-based alternative asset manager to refinance a $660-million loan, a ......

Torrent Pharma in talks with multiple PE players for loan to partially fund Cipla bid

Healthcare

19 September, 2023

Torrent Pharma in talks with multiple PE players for loan to partially fund Cipla bid

India's Torrent Pharmaceuticals is in preliminary talks with Apollo Global Management to secure a loan of up to $1 billion ......

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Apollo Global partner resigns to join rival buyout firm

People

28 July, 2023

Apollo Global partner resigns to join rival buyout firm

US-based alternative asset manager Apollo Global Management, which commands nearly $550 billion in assets under management across 350 bets globally, ......

American regulator received 20 bids for SVB including big PE names

Finance

11 May, 2023

American regulator received 20 bids for SVB including big PE names

Blackstone Inc and Apollo Global Management were among about 20 bidders for some assets of collapsed Silicon Valley Bank, the ......

AION Capital sells 85% stake in BPO firm to Baring PE Asia for $810 mn

TMT

16 May, 2022

AION Capital sells 85% stake in BPO firm to Baring PE Asia for $810 mn

Hong Kong-based private equity major Baring PE Asia (Baring) has acquired 85% stake in specialist backend services firm IGT Solutions, ......

SBI picks up minority stake in Apollo-backed JSW Cement

Finance

21 December, 2021

SBI picks up minority stake in Apollo-backed JSW Cement

India’s largest lender, the State Bank of India (SBI), has invested Rs 100 crore in JSW Cement, a part of the ......

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ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt

Finance

15 September, 2021

ARCs backed by Apollo, Avenue Capital, Kotak snap up road debt

Three asset reconstruction firms -- Phoenix ARC, Arcion, and Asset Reconstruction Company India Ltd (Arcil) -- have bought more debt ......

Apollo, Synergy Metals Investments to invest about $200 mn in JSW Cement

Manufacturing

28 July, 2021

Apollo, Synergy Metals Investments to invest about $200 mn in JSW Cement

Two private equity players Apollo Global Management and Synergy Metals Investments Holding have decided to invest up to Rs 1,500 ......