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Apollo Global Management LLC

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  • NEW YORK, July 16- KKR& Co LP's co-founders Henry Kravis and George Roberts have indicated they intend to stay at the buyout firm for at least five more years, but two men- Scott Nuttall and Joseph Bae- are emerging as front-runners to eventually succeed them.

  • June 20- Food retailer Smart& Final Stores Inc, backed by private equity firm Ares Management LP, filed with U.S. regulators on Friday to raise up to $100 million in an initial public offering of its common stock. The company was bought by Ares Management from Apollo Global Management LLC for $975 million in 2012..

  • *Slot-machine maker has a market value of nearly $4 bln. MILAN, June 16- Italian lottery operator GTECH is in preliminary talks to buy Las Vegas- based International Game Technology in a cash and shares deal that would make it a significant player in the casino slot machine business.

  • MILAN, June 16- Italian lottery operator GTECH said on Monday it was in preliminary talks to buy Las Vegas- based slot machine maker International Game Technology in a deal that could involve a cash and paper offer.

  • NEW YORK, June 10- Wall Street banks are playing cat-and-mouse with U.S. regulators over rules that seek to reduce lending for deals that load up companies with too much debt, as they try to retain a profitable business and meet demands from clients and investors.

  • June 4- Texas power giant Energy Future Holdings will square off against creditors in bankruptcy court on Thursday over a key question: will borrowing billions of dollars prop up the business or deepen its insolvency?

  • June 4- Britain's Tragus Group, which runs the Cafe Rouge and Strada chains, will shed more than 260 million pounds of debt and offload up to 40 restaurants in a sweeping restructuring by its new private equity owner, the Times reported, without citing sources. The paper said Tragus planned to sell the struggling Italian chain Strada.

  • NEW YORK, June 2- Private equity firms Warburg Pincus LLC and Vestar Capital Partners Inc are exploring an initial public offering of Triton Container International Ltd that could value the company at more than $6 billion, including debt, said three people familiar with the matter.

  • MADRID, May 22- Britain's Barclays is sounding out potential buyers for its Spanish retail bank, people familiar with the matter said, adding that local peers and private equity firms could be interested in parts of the business.

  • *Pvt equity has pumped $32 bln into shipping in past 2 yrs-fund mgr. SINGAPORE, May 9- The shipping industry faces a looming capacity glut as billions of dollars pumped into it by private equity have stoked a vessel-buying spree, threatening its prospects just as the sector is emerging from its worst downturn in three decades.

  • *Assets of $159.3 bln as of end March vs $161.2 bln end of December. NEW YORK, May 8- Apollo Global Management LLC, manager of the largest private equity fund since the financial crisis, said on Thursday its buyout funds appreciated much less than before and that it saw more opportunities to increase its credit investment assets.

  • May 2- Shares of Ares Management LP, the first U.S. private equity firm to go public in about two years, fell as much as 5.3 percent in their trading debut on Friday, adding to the list of underperforming IPOs over the past month. The company's shares fell to a low of $18 in early trading on the New York Stock Exchange, $1.00 below their offer price.

  • Ares' shares fell to a low of $18 in early trading on the New York Stock Exchange after being priced at $19, well below the expected range of $21- 23, in a turbulent IPO market. At the low, the company was valued at $3.8 billion and co-founder Tony Ressler's stake at about $1.16 billion.

  • YOUR MONEY-Private equity for ordinary folks Tuesday, 29 Apr 2014 | 8:00 AM ET

    Pittsburgh, April 29- Publicly traded private equity? It sounds like an oxymoron- like jumbo shrimp or corporate responsibility. But what was once the exclusive domain of wealthy investors can now be explored by everyone.

  • April 28- Chad Leat, a retired Citigroup Inc executive who helped finance some of the world's largest leveraged buyouts, is now working as a consultant for former client Apollo Global Management LLC, people familiar with the matter said.

  • NEW YORK, April 25- Texas power company Energy Future Holdings is expected to file for bankruptcy as early as Monday evening, sources close to the situation said on Friday, as it struggles to pay its hefty debt load of more than $40 billion because of cheap electricity prices.

  • NEW YORK, April 25- Texas power company Energy Future Holdings is expected to file for bankruptcy as early as Monday evening, sources close to the situation said on Friday, as it struggles to pay its hefty debt load of more than $40 billion because of cheap electricity prices.

  • UPDATE 2-Ares' IPO likely to raise up to $419 million Tuesday, 22 Apr 2014 | 10:37 AM ET

    April 22- Investment firm Ares Management LP said on Tuesday its initial public offering is expected to raise up to $419 million and that its chief executive and co-founder Anthony Ressler received $138.6 million in pay and dividends in 2013..

  • *Sector facing multi-billion-dollar funding shortfall. LONDON, April 17- Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector recovering from its worst downturn since the 1980 s. Avance Gas listed this week in Oslo.

  • Momentive Performance Materials files for bankruptcy Sunday, 13 Apr 2014 | 11:07 PM ET

    April 13- Silicone and quartz producer Momentive Performance Materials Inc, owned by Apollo Global Management LLC, on Sunday filed for Chapter 11 bankruptcy protection as part of a "restructuring support agreement" with some of its creditors.