Apollo Global Management, Inc. (New) Common Stock (APO)
137.92
-6.66 (-4.61%)
Apollo Asset Management Inc is a leading global alternative investment manager that specializes in managing capital across a variety of asset classes, including private equity, credit, and real estate
The company focuses on identifying and maximizing value in its investments through a combination of rigorous research and innovative strategies. With a diverse portfolio, Apollo partners with individual, institutional, and corporate clients to provide customized investment solutions aimed at achieving long-term financial goals. By leveraging its extensive experience and operating expertise, Apollo seeks to generate attractive risk-adjusted returns while navigating complex market environments.
Following the deal’s closing, Bridge will operate as a standalone platform within Apollo’s asset management business. It will retain its existing brand, management team, and dedicated capital formation team.
Tiger Global Management makes aggressive bets on high-growth tech companies and reduces stakes in insurance and healthcare amid regulatory uncertainties.
The asset manager reported an adjusted net income of $2.22 per share for the fourth quarter, topping the Wall Street estimate of $1.89 per share, according to FinChat data.
U.S. stocks advanced midday Tuesday, demonstrating resilience despite escalating geopolitical tensions and trade uncertainties between the world’s two largest economies.
