All articles tagged with #apollo
Apollo co-founder Josh Harris is leading a $1 billion fundraising effort for Bruin Capital, highlighting significant investor interest and confidence in the firm's strategic initiatives.
Apollo introduces a new tax-advantaged investment account for children under 18, available from July 4, 2026, aimed at helping families save for future expenses like education or a first home through tax-deferred growth.
Apollo is reducing risk and increasing cash reserves in anticipation of potential market turmoil, indicating a cautious approach to upcoming economic uncertainties.
Apollo is experiencing a surge in private credit loans despite concerns about rising interest rates, indicating strong investor confidence in alternative financing options.
Blackstone has hired the head of Apollo's European buyout team, signaling a strategic move in the private equity sector, though specific details of the hire are not provided in the article.
Apollo and KKR have invested $7 billion into Keurig Dr Pepper, highlighting significant financial backing for the company.
Air Lease is set to be sold for $7.4 billion to a group of investors including Apollo and Brookfield, marking a significant transaction in the aircraft leasing industry.
Apollo astronauts discovered tiny orange glass beads on the Moon, which are ancient volcanic glass formed billions of years ago during eruptions. Recent technological advances have allowed scientists to analyze these beads in detail, revealing insights into the Moon's volcanic past and interior conditions, highlighting its once-active geological history.
Apollo astronauts discovered tiny orange glass beads on the Moon, formed from ancient volcanic eruptions over 3 billion years ago. Modern technology has allowed scientists to analyze these pristine beads, revealing insights into the Moon's volcanic history and interior evolution, showing that the Moon was once geologically active.
General Atlantic has joined Apollo in pausing early recruitment for junior roles, delaying interviews until next year to promote more thoughtful hiring practices and avoid conflicts of interest, following criticism from JPMorgan's CEO about the ethics of early career decisions.
General Atlantic has paused its 2027 associate recruiting, following Apollo's lead, amid criticism of the industry practice of recruiting junior talent years in advance, which has been criticized by industry leaders like Jamie Dimon for being unethical.
Apollo and Irth Capital have made a bid to take Papa Johns private, valuing the pizza chain at around $2 billion, with the consortium offering in the low $60s per share, while Irth Capital brings a small stake and turnaround expertise, though financing details are still being sorted out.
Apollo Global Management has delayed recruiting for junior associates until next year due to tensions between private equity firms and Wall Street banks over recruitment practices, with industry leaders criticizing early hiring processes that create conflicts of interest and rushed career decisions for graduates.
Intel and Apollo have agreed on an $11 billion investment deal where Apollo will acquire a 49% equity interest in a joint venture related to Intel's Fab 34 in Ireland. This move is part of Intel's Smart Capital strategy to enhance financial flexibility and support its global manufacturing operations. Intel will retain a 51% controlling interest and full operational control of Fab 34, which is crucial for producing advanced semiconductor technologies. The transaction is expected to close in the second quarter of 2024.
In Pompeii, archaeologists have discovered well-preserved frescoes in a banquet hall, depicting scenes from the Trojan War myth, including Apollo attempting to seduce Cassandra and Zeus seducing Queen Leda. These paintings are associated with the Third Style of Roman wall painting, characterized by small, finely painted figures on monochromatic backgrounds. The banquet hall was likely used for evening feasts, with the flickering light of lamps creating the illusion of movement in the images. The discovery provides insight into the high-status residential properties in Pompeii's Regio IX and the artistic tastes of its inhabitants.