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BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced the implementation of a daily net asset value (NAV) operating model for certain private markets strategies, expanding its administration abilities to support daily valuation and reporting for investment strategies that have traditionally operated on longer reporting cycles. The model was implemented to support the recent expansion of “Daily Pricing” across Apollo's (NYSE: APO) private credit business. Working together.
Citizens Financial Group Inc. RI boosted its holdings in shares of Apollo Global Management Inc. (NYSE: APO) by 224.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,214 shares of the financial services provider's stock after purchasing an
Apollo Global Management (APO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Universal Music Group held preliminary discussions with private equity firms including Apollo Global Management and Blackstone about going private earlier this year, Bloomberg News reported on Monday, citing people familiar with the matter.
Elon Musk's SpaceX (SPCX) has secured a binding financing commitment worth approximately $40 billion with Apollo Global Management (APO) to expand its artificia
ABU DHABI, United Arab Emirates & NEW YORK--(BUSINESS WIRE)--Mubadala Capital, the alternative asset management arm of Mubadala Investment Company, today announced a strategic investment from Apollo (NYSE: APO) to support its next phase of growth. Building on their existing relationship, Apollo will take a minority equity stake in Mubadala Capital and commit capital across its various investment strategies, working alongside Mubadala Capital as it continues scaling a world-class alternative ass.
Apollo is finalizing a deal to buy nearly a 10% stake in Mubadala Capital, according to people familiar with the matter; the transaction has not yet been publicly announced. Mubadala Capital is the alternative asset management subsidiary of Abu Dhabi sovereign investor Mubadala Investment Company.
