Apollo Global Management

Neocloud provider CoreWeave reported revenue of $2.58 billion in the second quarter, more than doubling and topping analyst estimates due to high demand for AI infrastructure. The company's revenue backlog swelled 246% year-over-year to $104.2 billion, and the stock surged following the earnings call. CEO Michael Intrator stated that CoreWeave’s near-term capacity remains effectively sold out.

Kevin Warsh, the new chairman at the Federal Reserve, has adopted a minimum viable communications approach that has been criticized by Wall Street for reducing transparency and guidance. Jamie Dimon of JPMorgan Chase supports Warsh’s methods, stating his direction makes "tremendous sense," despite market turbulence over changes to inflation frameworks and communication practices. Warsh has established several task forces to examine topics including data quality, AI, and the balance sheet.

Apollo Global Management reported record revenue from fees as it aims to become one of Wall Street’s largest lenders. The news was covered in a segment on 'Bloomberg Deals' featuring Laura Benitez and Dani Burger.

Apollo Global Management Inc. is investing $1.02 billion in a joint venture with Starwood Real Estate Income Trust, a commercial property vehicle known as SREIT, which has struggled to provide liquidity to investors.

A study by Apollo Global Management suggests AI adoption is causing wage compression rather than job losses, with workers resisting AI due to fears of reduced pay. Economist Torsten Slok shifted his analysis from predicting AI-driven job creation to highlighting slowed wage growth in AI-exposed occupations.

A new Apollo Global Management study finds AI adoption correlates with declining wage growth for jobs with high AI exposure, particularly affecting lower earners. Real wage growth for these roles dropped by an average 6.7% after 2023, though overall employment impacts were not detectable.

Nearly 40% of Americans aged 55-65 lack retirement accounts, with similar rates among younger age groups. Financial pressures lead many to withdraw funds early, and a significant portion of retirees are struggling financially.

The House Oversight Committee received one non-disclosure agreement from Leon Black, founder of Apollo Global Management, but deemed it insufficient. Black's attorney provided an NDA involving Guzel Ganieva, a former associate, which resolved a lawsuit against Black that was dismissed in 2023. The committee seeks additional NDAs related to Jeffrey Epstein and Ghislaine Maxwell for its investigation.

Leon Black stated he paid US$21 million to a woman with whom he had an affair after she demanded US$100 million, alleging he 'ruined her life.' His testimony to the US House Oversight Committee was part of an investigation into the late Epstein.

Apollo Global Management plans to launch a $20 billion private credit fund to finance infrastructure projects in Mexico, aligning with the government's Plan México strategy. The initiative focuses on renewable energy, transportation, and grid modernization, leveraging private capital to complement public spending.

Alan Dershowitz will not appear before the House Oversight Committee for a scheduled interview related to Jeffrey Epstein's 2008 plea deal. The committee is investigating Epstein's connections and has scheduled interviews with Jes Staley and Leon Black. Dershowitz's work on Epstein's plea deal has been criticized for allowing continued victimization until Epstein's 2019 death in prison.

Michaels Stores expanded its party supplies and fabric offerings by capitalizing on the bankruptcies of Party City and JoAnn Fabrics. The company rapidly implemented new services and inventory, leveraging its private equity ownership under Apollo Global Management to bypass public market scrutiny and accelerate decision-making.

Leon Black, a billionaire investor and co-founder of Apollo Global Management, is scheduled for a Sept. 3 deposition by House Oversight lawmakers regarding his ties to Jeffrey Epstein, a convicted sex offender. The deposition, part of an investigation into Epstein's ties and nondisclosure agreements with women linked to him, will be under oath and videotaped.

A bidding war for British low-cost airline EasyJet has intensified, with Apollo Global Management outbidding a rival private-equity group. The second American private-equity bid signals increased interest in the company.

Top economist Torsten Slok warns that AI has not yet delivered widespread productivity gains beyond tech companies, creating a risk of market repricing if returns on AI investments fail to materialize. He highlights regulatory and integration challenges slowing AI adoption in most sectors, with data showing profit margins for non-tech firms lagging behind tech giants like the Magnificent Seven.

The House Oversight Committee subpoenaed Leon Black during a closed-door interview about his financial interactions with Jeffrey Epstein. The subpoenas followed Black's refusal to answer questions about non-disclosure agreements (NDAs) tied to Epstein. The committee seeks information on Epstein's potential involvement in NDAs and related payments.

Billionaire Leon Black testified before the House Oversight Committee, defending $158 million paid to Jeffrey Epstein, claiming he was unaware of Epstein's criminal activities until 2019. Black, co-founder of Apollo Global Management, stated the payments were for legitimate services and denied allegations of wrongdoing. The committee is investigating ties between Epstein and influential figures.

Leon Black testified before the House Oversight Committee, defending his $158 million payments to Jeffrey Epstein, claiming he was unaware of Epstein's illegal activities until 2019. Black stated the payments were for legitimate services and denied any criminal wrongdoing.

Leon Black, co-founder and former chief executive of Apollo Global Management, paid $158 million to Jeffrey Epstein, defending the payments as legitimate for tax and estate planning. He appeared before the House Oversight Committee, denying any criminal wrongdoing as part of an investigation into Epstein's financial ties.

Leon Black testified before the House Oversight Committee that he had no knowledge of Jeffrey Epstein’s crimes during their financial association, despite acknowledging awareness of Epstein’s 2008 sex crime conviction. Black stated he stopped working with Epstein in 2018 due to financial and ethical concerns, while denying allegations of sexual misconduct against him as 'baseless.'

Billionaire investor Leon Black is testifying before the House Oversight Committee regarding $158 million in payments to Jeffrey Epstein between 2012 and 2017. The payments were described as tax and estate planning services by a 2021 Apollo review, while Epstein was under investigation for sex trafficking. Other figures like Bill Gates and Richard Kahn have also testified about their ties to Epstein.

Billionaire investor Leon Black is testifying before the House Oversight Committee regarding $158 million in payments to Jeffrey Epstein, as part of an investigation into Epstein's network linked to sex trafficking allegations. A 2021 Apollo review stated the payments were for tax and estate planning, while Senate investigations suggest Epstein acted as a middleman for Black's payments to women.

Bonnie Chiurazzi started her own market research firm, Vibe Insights Lab, after being laid off in 2024, leveraging her expertise and savings. The article highlights a growing trend of job seekers turning to entrepreneurship amid a challenging job market, with LinkedIn data showing a 75% surge in US business founders since 2022. Challenges persist in sectors like tech and finance, but self-employment is seen as a viable alternative.

Apollo Global Management Co-President Scott Kleinman states that longer hold periods in private equity are reducing internal rates of return, urging stakeholders to adjust valuations. The comments were made during a Bloomberg interview at the SuperReturn conference in Berlin.

Apollo's West Technology is in talks to sell its remaining business, as active managers face challenges beating indexes in public markets. Apollo's CEO notes the ease of finding alpha in private markets. The company's signage is visible in New York, US.

Private equity firms are facing a profit timing gap due to various market conditions. This gap may impact their ability to generate returns for investors. The situation is being closely monitored by industry experts.

Apollo Private Credit Fund reported a loss due to portfolio weakness. Apollo's CEO stated that it is becoming harder for active managers to beat indexes in public markets. The CEO believes investors can find alpha in private markets instead.

A federal judge sanctioned attorney Jeanne Christensen and her firm Wigdor LLP for 'serious, sanctionable misconduct' in a lawsuit against billionaire Leon Black, linked to Jeffrey Epstein. The judge ruled that evidence, including falsified sonograms, could not be used but allowed the case to proceed. Leon Black's legal team called the plaintiff's credibility 'destroyed.'

Apollo Global Management is nearing a €1.4 billion deal to acquire Forvia’s interior unit. The transaction highlights a major business acquisition in the automotive sector.

The article discusses the $21 trillion ETF industry and highlights Apollo Global Management's role in the 'PRIV' ETF, as reported by ETF IQ on April 20, 2026. The focus is on Apollo's strategic involvement in this financial product.

Hedge funds' positions in US Treasuries could lead to market instability, warns Apollo's Slok. The article highlights risks associated with concentrated bets in government debt.

KKR and Apollo Global Management are among potential buyers for Portugal's Logoplaste, a packaging company. Filipe De Botton, the chairman of Logoplaste Luso Lda, is involved in the ongoing discussions.

John Cornell, Apollo Global Management's Client Coverage Head, has left the company after four years. Apollo's CEO highlighted challenges for active managers in public markets and emphasized opportunities for alpha in private markets.