tyb's
ty for continuing to post these
TAKO21 RC-135 Rivet Joint over Seoul SK and headed west. It went a bit farther west into the ocean and has now dropped off
ROGUE15 Beech Flying Antenna Farm on NoKo SoKo border
After last night it was almost a given that one or both of these went up.
Apollo Global Management Sr. Director sold: %28.84m-Feb 27-28 $ Mar 2
Apollo Global Management, Inc., is an American private equity firm, founded in 1990 by former Drexel Burnham Lambert banker Leon Black. The firm specializes in leveraged buyout transactions and purchases of distressed securities involving corporate restructuring, special situations, and industry consolidations. Apollo is headquartered in New York City, with additional offices across North America, Europe and Asia. The company's stock is publicly traded on the NYSE under the symbol 'APO'.
As of October 2019, Apollo had over US$312 billion in assets under management, and in 2016 it was the second-largest US-based alternative asset management firm. Among the most notable companies currently owned by Apollo are Cox Media Group, Constellis, Claire's, Caesars Entertainment Corporation, CareerBuilder, Novitex Enterprise Solutions, ADT, Endemol Shine Group (with The Walt Disney Company and before that 21st Century Fox) and Rackspace
Apollo, originally referred to as Apollo Advisors, was founded in 1990, on the heels of the collapse of Drexel Burnham Lambert in February 1990. It was founded by Leon Black, the former head of Drexel's mergers and acquisitions department, along with other Drexel alumni.
Among the most notable founders are John Hannan, Drexel's former co-director of international finance; Craig Cogut, a lawyer who worked with Drexel's high-yield division in Los Angeles; and Arthur Bilger, the former head of the corporate finance department. Other founding partners included Marc Rowan, Josh Harris and Michael Gross, who both worked under Black in the mergers and acquisitions department, and Antony Ressler, who worked as a senior vice president in Drexel's high yield department with responsibility for the new issue/syndicate desk.
Less than six months after the collapse of Drexel, the founders of Apollo had already begun a series of ventures. Apollo Investment Fund L.P., the first of their private equity investment funds, was formed to make investments in distressed companies. Apollo's first fund raised approximately $400 million of investor commitments on the strength of Black's reputation as a prominent lieutenant of Michael Milken and key player in the buyout boom of the 1980s.[13] Lion Advisors was set up to provide investment services to Credit Lyonnais, which was seeking to profit from depressed prices in the high yield market.
>https://en.wikipedia.org/wiki/Apollo_Global_Management
from today
Athene and Apollo Announce Closing of Transaction to Strengthen Strategic Relationship and Eliminate Athene’s Multi-Class Share Structure
PEMBROKE, Bermuda & NEW YORK–(BUSINESS WIRE)–Athene Holding Ltd. (“Athene”) (NYSE: ATH), a leading retirement services company, and Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”), a leading global alternative investment manager, announced the closing of their previously announced strategic transaction after having obtained customary shareholder and regulatory approvals. The transaction strengthens the strategic relationship and reinforces the alignment of interests between the two companies. In connection with the transaction, Apollo has purchased a 17% incremental stake in Athene at a premium, bringing Apollo’s beneficial ownership in Athene, together with certain of its related parties and employees, to approximately 34% at closing. In addition, Athene has eliminated its multi-class share structure, which the companies expect will significantly improve Athene’s index inclusion eligibility and expand Athene’s investor base.
https://www.businesswire.com/news/home/20200302005558/en/Athene-Apollo-Announce-Closing-Transaction-Strengthen-Strategic