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Last updated on April 19, 2014 at 18:42 EDT

Latest Apollo Global Management Stories

2014-03-17 12:20:22

SOUTHPORT, Conn., March 17, 2014 /PRNewswire/ -- Principal Maritime Management LLC of Southport, Connecticut, a shipping company owned by affiliates of Apollo Global Management LLC, has formed a new platform in the stainless steel chemical shipping sector. Additionally, Princimar Chemical Carriers ("Princimar") has acquired its initial three stainless steel chemical tankers, all of which were purchased from existing owners and are currently in service. Princimar Chemical Carriers...

2013-11-18 08:29:11

BETHESDA, Md., Nov. 18, 2013 /PRNewswire/ -- MIDCAP FINANCIAL, LLC ("MidCap"), a leading healthcare oriented commercial finance company focused on the middle market in the United States, today announced it has been acquired by an entity managed by Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, "Apollo"), a leading global investment manager with approximately $157 billion of assets under management. Under its new ownership, MidCap will continue to...

2013-05-22 23:24:24

Momentive Performance Materials Inc. (MPM), a global leader in specialty chemicals and materials, has selected SpecialChem's Commercial Acceleration Solutions to support growth of its boron nitride (BN) powders for use in thermally conductive plastics Strongsville, Ohio (PRWEB) May 22, 2013 Momentive Performance Materials Inc. (MPM), a global leader in specialty chemicals and materials, has selected SpecialChem's Commercial Acceleration Solutions to support growth of its boron nitride (BN)...

2013-05-06 08:23:17

HOUSTON, May 6, 2013 /PRNewswire/ -- Talos Energy LLC, a privately held Houston-based oil and gas company, today announced that its wholly owned subsidiary, Energy Resource Technology GOM, LLC. ("ERT"), has initiated production from the previously announced Green Canyon 237 #5 discovery, which is located in the Phoenix Field in Green Canyon block 237 in the federal waters of the Gulf of Mexico. Production from the well has reached a sustained gross rate of 4,200 BOPD and 6,300 MCFPD and no...

2013-04-23 08:28:59

Apollo Management and TPG Capital to Invest $500 Million; Capital Raise Can Grow to $1.2 Billion LAS VEGAS, April 23, 2013 /PRNewswire/ -- Caesars Entertainment Corporation ("Caesars") (NASDAQ: CZR) today announced that its Board of Directors has approved the material terms of a strategic transaction intended to improve the company's capital structure and provide support for new projects. As part of the transaction, Caesars will form a new growth-oriented entity, Caesars Growth...

2013-03-13 16:22:08

DENVER, March 13, 2013 /PRNewswire/ -- Prospect Global Resources, Inc. (NASDAQ: PGRX), which on March 7, 2013, announced the appointment of Damon G. Barber as President and Chief Executive Officer, today released the following Question and Answer discussion with Mr. Barber: Question: Last Thursday, the Company and Apollo Global Management, LLC (NYSE: APO) mutually terminated the financing agreement that they had announced last November. What happened? Answer: As we have disclosed in our...

2013-03-04 08:25:39

NEW YORK, March 4, 2013 /PRNewswire/ -- McGraw-Hill Global Education Holdings, LLC ("MH Global Education"), an entity formed by investment funds affiliated with Apollo Global Management, LLC (NYSE: APO) (collectively with its subsidiaries, "Apollo"), announced today the launch of the syndication of $800 million of senior secured credit facilities to finance the previously announced acquisition of the McGraw-Hill Education business of The McGraw-Hill Companies, Inc. (NYSE: MHP) by investment...

2012-11-29 20:20:29

DENVER, Nov. 29, 2012 /PRNewswire/ -- Prospect Global Resources, Inc. (NASDAQ: PGRX) ("Prospect Global") and certain affiliates of Apollo Global Management, LLC (NYSE: APO) (collectively, "Apollo") today announced that funds managed by Apollo have signed a definitive commitment to make a $100-million investment in Prospect Global. Prospect Global and Apollo also announced that Jim Dietz, a 42-year veteran of the chemical and fertilizer industry and the former Chief Operating Officer of...

2012-10-26 07:21:21

DENVER, Oct. 26, 2012 /PRNewswire/ -- Prospect Global Resources Inc. ("Prospect Global" or the "Company") (NASDAQ: PGRX) announced today that it has entered into an exclusivity arrangement with an affiliate of Apollo Global Management, LLC (NYSE: APO) pursuant to which funds managed by APO ("Apollo") would purchase $100,000,000 of newly issued 10% Convertible Second Lien Notes (the "Notes"), expected to fund in the first half of 2013. Additionally, Apollo would have an option to purchase 16.7...