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Asset under Apollo Global Management (2016–present) On May 6, 2016, the shareholders of the company approved the sale of the firm for $1.14 billion to a group of private investors: Najafi Companies, a Phoenix firm, the New York-based Apollo Global Management and, the Vistria Group of Chicago.
In December 2016, the U.S. Department of Education approved of the sale of Apollo Education Group to Apollo Global Management. The company provided a letter of credit for up to $385 million. [79] In February 2017, after the takeover by Apollo Global Management, UoPX laid off 170 full-time faculty members. [80]
Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. As of 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion invested in ...
Asset management fees in the asset management segment rose 13%, driven by demand for retirement services. Apollo shares are up 22% year to date, outperforming the S&P 500's 9% gain. Brian Sozzi is ...
-- One of the First New Issue European CLOs Since 2008 Reinforces Apollo's Leadership Position in Senior Credit --NEW YORK--(BUSINESS WIRE)-- Apollo Global Management, LLC (NYS: APO) and its ...
Apollo Global Management Prices $722 Million CLO -- Largest CLO Transaction Completed in 2012 Reinforces Apollo's Leadership Position -- NEW YORK--(BUSINESS WIRE)-- Apollo Global Management, LLC ...
John Glen Sperling (January 9, 1921 – August 22, 2014) was an American billionaire businessman who is credited with having led the contemporary for-profit education movement in the United States The fortune he amassed was based on his founding of the for-profit University of Phoenix for working adults in 1976, which became part of the publicly traded Apollo Group.
Apollo Global Management, LLC Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2012 Apollo declares a distribution of $1.05 per Class A share for the fourth quarter of ...