News: Apollo Global Management LLC (APO.N)


APO.N on New York Stock Exchange

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Mon, Jun 3 2013

Calpers plans to sell entire 4 percent stake in Carlyle

NEW YORK - The California Public Employees' Retirement System (Calpers) plans to sell its entire 4 percent stake in Carlyle Group LP as the U.S. public pension fund plans its exit from the private equity manager after 12 years.

UPDATE 1-Calpers plans to sell entire 4 pct stake in Carlyle

NEW YORK, June 3 - The California Public Employees' Retirement System (Calpers) plans to sell its entire 4 percent stake in Carlyle Group LP as the U.S. public pension fund plans its exit from the private equity manager after 12 years.

CORRECTED-Calpers to sell its 4 pct stake in Carlyle

(Corrects paragraph 4 to shares in Apollo, not Carlyle, as earlier sent)

Calpers to sell its 4 percent stake in Carlyle

NEW YORK - The California Public Employees' Retirement System registered to sell its 4 percent stake in Carlyle Group LP on Monday, one month after it moved to sell a quarter of its 8 percent stake in Apollo Global Management LLC .

Dutch aluminum products maker Constellium NV trades down in debut

May 23 - Dutch aluminum products maker Constellium NV's shares opened 10 percent below their IPO price in their debut on the New York Stock Exchange, valuing the company at $1.36 billion.

NY regulator questions investment firms' ties to insurers: WSJ

- New York's top financial regulator has sent subpoenas to several firms seeking information on investments that guarantee steady payments to hundreds of thousands of retirees and other consumers, the Wall Street Journal said on Monday, citing people familiar with the inquiry.

Apollo-backed Sprouts files for IPO of up to $300 million

- Sprouts Farmers Markets LLC, an organic grocer backed by private equity firm Apollo Global Management LLC , filed to raise up to $300 million in an initial public offering of its common stock.

Apollo's investors and founders to sell shares

NEW YORK - Apollo Global Management LLC's cornerstone investors and two of its founders are selling a slice of their shares, demonstrating how going public makes it easier for dealmakers at alternative asset managers to cash out on their holdings.

Generali gets bids below book value for BSI-sources

LONDON, May 7 - Generali's private bank BSI attracted bids below its estimated 2.3 billion Swiss francs ($2.5 billion) book value, four people familiar with the situation said on Tuesday.

Apollo scores record first-quarter profit on asset sales

NEW YORK - Apollo Global Management LLC reported a 72 percent increase in first-quarter profit, its best quarterly results as a publicly listed alternative asset manager, as it took advantage of favorable capital markets to exit investments.

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