• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Apollo Funds Complete Acquisition of Majority Stake in Novolex

    4/13/22 4:15:00 PM ET
    $APO
    $BCS
    $CG
    $CS
    Investment Managers
    Finance
    Commercial Banks
    Finance
    Get the next $APO alert in real time by email

    NEW YORK, April 13, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that funds managed by Apollo affiliates (the "Apollo Funds") have completed the acquisition of a majority stake in Novolex Holdings LLC ("Novolex" or the "Company"), a leading global manufacturer of diverse and sustainable packaging products for the foodservice, delivery and carryout, food processor and industrial markets, from funds managed by Carlyle (NASDAQ:CG). Carlyle will retain a minority stake in the Company.

    The financing for the acquisition includes the largest-ever sustainability-linked loan issued to date. Additional financial terms of the transaction were not disclosed.

    Stan Bikulege, Novolex Chairman and CEO, said, "Partnering with Apollo is a milestone for the entire Novolex family. Our organizations share values and a vision for the future of the packaging industry, offering our customers choice, innovation and sustainability to support the circular economy. Our ability to access sustainability-linked financing reflects our ongoing commitment to advance a range of ESG initiatives."

    Rob Seminara, Partner at Apollo, said, "We are pleased to have completed our investment in Novolex and are excited to partner to drive innovation and growth. Our shared commitment to driving a more sustainable future was integral to our investment in Novolex, and we look forward to working together to realize the Company's growth strategy, while further strengthening its blue-chip customer base and suite of food packaging products."

    "Carlyle has been proud to be a part of the Novolex story," said Wes Bieligk, Managing Director at Carlyle. "The company's tremendous growth has been fueled by innovation and a commitment to sustainable operations and new product introductions. We look forward to continuing our relationship with Novolex in the years to come."

    Deutsche Bank (NYSE:DB), Evercore (NYSE:EVR), and Barclays (NYSE:BCS) acted as financial advisors and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as counsel to the Apollo Funds.

    Credit Suisse Group (NYSE:CS) and Goldman Sachs & Co. LLC. (NYSE:GS) acted as financial advisors and Latham & Watkins LLP and Nelson Mullins Riley & Scarborough LLP served as counsel to Novolex.

    About Apollo

    Apollo is a global, high-growth alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2021, Apollo had approximately $498 billion of assets under management. To learn more, please visit www.apollo.com.

    About Novolex

    Novolex develops and manufactures diverse packaging products for multiple industries in the foodservice, delivery and carryout, food processor and industrial markets that touch nearly every aspect of daily life. The Novolex family of brands provides customers with innovative food and delivery packaging and performance solutions products for their business needs today while investing in research and development to engineer more sustainable choices for the future. With more than 10,000 employee families, Novolex operates 57 manufacturing facilities in North America and Europe, including two world-class plastic film recycling centers. To learn more about Novolex visit www.novolex.com.

    Contact Information:

    Apollo

    For Investors:

    Noah Gunn

    Global Head of Investor Relations

    (212) 822-0540

    [email protected]

    For Media:

    Joanna Rose

    Global Head of Corporate Communications

    (212) 822-0491

    [email protected]

    Novolex

    For Media:

    Phil Rozenski

    1-800-845-6051

    [email protected] 



    Primary Logo

    Get the next $APO alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $APO
    $BCS
    $CG
    $CS

    CompanyDatePrice TargetRatingAnalyst
    Deutsche Bank AG
    $DB
    8/27/2025Buy → Neutral
    Goldman
    Deutsche Bank AG
    $DB
    7/25/2025Neutral → Sell
    Citigroup
    Barclays PLC
    $BCS
    7/18/2025Buy → Neutral
    Citigroup
    Goldman Sachs Group Inc.
    $GS
    7/14/2025Mkt Outperform → Mkt Perform
    Citizens JMP
    Evercore Inc.
    $EVR
    7/14/2025Mkt Outperform → Mkt Perform
    Citizens JMP
    The Carlyle Group Inc.
    $CG
    7/10/2025$65.00Neutral → Buy
    Citigroup
    Goldman Sachs Group Inc.
    $GS
    7/8/2025$627.00Hold → Reduce
    HSBC Securities
    Evercore Inc.
    $EVR
    6/23/2025$312.00Equal-Weight → Overweight
    Morgan Stanley
    More analyst ratings

    $APO
    $BCS
    $CG
    $CS
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Hess John B bought $1,997,584 worth of shares (3,904 units at $511.68) (SEC Form 4)

    4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)

    4/17/25 4:06:04 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    Director Johnson Kevin R bought $1,485,648 worth of shares (2,400 units at $619.02) (SEC Form 4)

    4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)

    1/21/25 4:55:51 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    Director Flaherty Mark A. bought $29,545 worth of shares (82 units at $358.75) (SEC Form 4)

    4 - GOLDMAN SACHS GROUP INC (0000886982) (Issuer)

    10/9/24 4:12:58 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    $APO
    $BCS
    $CG
    $CS
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Apollo Commits €3.2 Billion to RWE Joint Venture Supporting the German Transmission Grid

    NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that Apollo-managed funds and affiliates have agreed to commit €3.2 billion of equity to a newly established joint venture with RWE, Germany's largest power producer and a global leader in renewable power generation. The JV will be operationally controlled by RWE and hold and fund RWE's 25.1% stake in Amprion, a Transmission System Operator (TSO) spanning across seven German federal states and serving approximately 29 million people and industrial corporations. The JV will provide the required equity capital for its 25.1% stake to support Amprion's major investment program for grid expansion over the next decad

    9/8/25 1:30:00 AM ET
    $APO
    Investment Managers
    Finance

    NORD/LB and GridStor Announce Completion of $50 Million Letter of Credit Facility

    Financing supports GridStor's nationwide development pipeline of battery energy storage facilities for utility and data center customers GridStor, a developer and operator of utility-scale battery energy storage systems, announced today that it has closed a $50 million letter of credit with NORD/LB in support of its development goals. GridStor's project pipeline includes over 3 GW of projects across the western and central U.S. in later-stage development or under construction. Backed by Goldman Sachs Asset Management, GridStor has also made 450 MW of late-stage project acquisitions year-to-date for facilities in Texas, Oklahoma, and Arizona. "We are proud to continue our partnership wit

    9/4/25 9:00:00 AM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    Apollo to Present at the Bank of America 30th Annual Financials CEO Conference

    NEW YORK, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that Jim Zelter, President of Apollo Global Management, will participate in a fireside chat at the Bank of America 30th Annual Financials CEO Conference on Tuesday, September 16, 2025 at 6:00 am EDT. A live webcast of the event will be available on Apollo's Investor Relations website at ir.apollo.com. For those unable to join live, a replay will be available shortly after the event. About Apollo Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to p

    9/4/25 8:00:00 AM ET
    $APO
    Investment Managers
    Finance

    $APO
    $BCS
    $CG
    $CS
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Conway William E Jr gifted 2,000,000 shares, decreasing direct ownership by 7% to 26,999,644 units (SEC Form 4)

    4 - Carlyle Group Inc. (0001527166) (Issuer)

    9/5/25 5:05:14 PM ET
    $CG
    Investment Managers
    Finance

    Chief Operating Officer Lobue Lindsay was granted 496 shares, increasing direct ownership by 0.10% to 476,225 units (SEC Form 4)

    4 - Carlyle Group Inc. (0001527166) (Issuer)

    8/29/25 4:55:04 PM ET
    $CG
    Investment Managers
    Finance

    General Counsel Ferguson Jeffrey W. was granted 744 shares, increasing direct ownership by 0.10% to 753,999 units (SEC Form 4)

    4 - Carlyle Group Inc. (0001527166) (Issuer)

    8/29/25 4:55:10 PM ET
    $CG
    Investment Managers
    Finance

    $APO
    $BCS
    $CG
    $CS
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Deutsche Bank downgraded by Goldman

    Goldman downgraded Deutsche Bank from Buy to Neutral

    8/27/25 8:18:54 AM ET
    $DB
    Major Banks
    Finance

    Deutsche Bank downgraded by Citigroup

    Citigroup downgraded Deutsche Bank from Neutral to Sell

    7/25/25 8:58:11 AM ET
    $DB
    Major Banks
    Finance

    Barclays PLC downgraded by Citigroup

    Citigroup downgraded Barclays PLC from Buy to Neutral

    7/18/25 8:06:51 AM ET
    $BCS
    Commercial Banks
    Finance

    $APO
    $BCS
    $CG
    $CS
    SEC Filings

    View All

    SEC Form FWP filed by Goldman Sachs Group Inc.

    FWP - GOLDMAN SACHS GROUP INC (0000886982) (Subject)

    9/5/25 6:04:25 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    SEC Form FWP filed by Goldman Sachs Group Inc.

    FWP - GOLDMAN SACHS GROUP INC (0000886982) (Subject)

    9/5/25 5:45:36 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    SEC Form FWP filed by Goldman Sachs Group Inc.

    FWP - GOLDMAN SACHS GROUP INC (0000886982) (Subject)

    9/5/25 3:00:48 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    $APO
    $BCS
    $CG
    $CS
    Leadership Updates

    Live Leadership Updates

    View All

    Insurtech Leader Ethos Adds Industry Veteran William Wheeler to Board of Directors

    AUSTIN, Texas, July 30, 2025 (GLOBE NEWSWIRE) -- Ethos, a leading life insurance technology company on a mission to democratize access to life insurance, today announced the appointment of William J. Wheeler to its Board of Directors. Mr. Wheeler, a seasoned executive with deep expertise across insurance, retirement services, and investment banking, joins Ethos' distinguished board, further strengthening Ethos' governance and strategic guidance as the company continues its rapid growth and innovation. Mr. Wheeler brings more than three decades of leadership experience in the financial services industry. He most recently served as Vice Chairman of Athene Holding Ltd. (NYSE:ATH), a leadin

    7/30/25 11:00:00 AM ET
    $EVR
    $LIFE
    $ATH
    Investment Managers
    Finance
    Biotechnology: Biological Products (No Diagnostic Substances)
    Health Care

    Luigi de Vecchi to Join Evercore's European Advisory Practice as Firm Continues to Build in Europe

    Evercore (NYSE:EVR) announced today that Luigi de Vecchi will be joining the firm in September 2025 as senior managing director and chairman of its continental European advisory business. He will be based in Milan, Italy, where Evercore is in the process of opening an office. Mr. de Vecchi brings over 35 years of investment banking experience to Evercore and has advised on some of Europe and Italy's largest and most high-profile transactions. At Evercore, he will spearhead the buildout of the firm's presence in Italy, and Europe more broadly. He will work in close partnership with Evercore's existing team in Paris, focusing on the firm's large European and global strategic clients. "I a

    7/25/25 3:00:00 AM ET
    $EVR
    Investment Managers
    Finance

    Alex Ham joins Barclays as Global Chairman of Investment Banking

    Barclays today announced the appointment of Alex Ham as Global Chairman of Investment Banking, based in London. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250723826879/en/Alex Ham Headshot Mr. Ham is a proven leader who brings 20 years of experience and leadership to Barclays. He joins from Deutsche Bank where he served as Co-CEO Deutsche Numis and Head of Global Private Growth Capital. In growing that franchise, Mr. Ham developed strong connectivity between European founders of high-growth companies and the leading global venture capitalists, private equity, and the public equity markets. He brings to Barclays deep connec

    7/23/25 10:16:00 AM ET
    $BCS
    Commercial Banks
    Finance

    $APO
    $BCS
    $CG
    $CS
    Financials

    Live finance-specific insights

    View All

    Apollo Commits €3.2 Billion to RWE Joint Venture Supporting the German Transmission Grid

    NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that Apollo-managed funds and affiliates have agreed to commit €3.2 billion of equity to a newly established joint venture with RWE, Germany's largest power producer and a global leader in renewable power generation. The JV will be operationally controlled by RWE and hold and fund RWE's 25.1% stake in Amprion, a Transmission System Operator (TSO) spanning across seven German federal states and serving approximately 29 million people and industrial corporations. The JV will provide the required equity capital for its 25.1% stake to support Amprion's major investment program for grid expansion over the next decad

    9/8/25 1:30:00 AM ET
    $APO
    Investment Managers
    Finance

    NORD/LB and GridStor Announce Completion of $50 Million Letter of Credit Facility

    Financing supports GridStor's nationwide development pipeline of battery energy storage facilities for utility and data center customers GridStor, a developer and operator of utility-scale battery energy storage systems, announced today that it has closed a $50 million letter of credit with NORD/LB in support of its development goals. GridStor's project pipeline includes over 3 GW of projects across the western and central U.S. in later-stage development or under construction. Backed by Goldman Sachs Asset Management, GridStor has also made 450 MW of late-stage project acquisitions year-to-date for facilities in Texas, Oklahoma, and Arizona. "We are proud to continue our partnership wit

    9/4/25 9:00:00 AM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    Carlyle Secured Lending, Inc. Announces Financial Results For Second Quarter Ended June 30, 2025, Declares Third Quarter 2025 Dividend of $0.40 Per Common Share

    NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, "we," "us," "our," "CGBD" or the "Company") (NASDAQ:CGBD) today announced its financial results for its second quarter ended June 30, 2025. Justin Plouffe, CGBD's Chief Executive Officer, said, "Despite market uncertainty, the second quarter was another record quarter of originations for both CGBD and the broader Carlyle Direct Lending platform. With CGBD net financial leverage at the mid-point of our target range, we remain well positioned to benefit from the expected pickup in deal volume in the second half of the year. Although spreads in the overall market remain hist

    8/5/25 4:01:00 PM ET
    $CG
    $CGBD
    Investment Managers
    Finance
    Finance: Consumer Services

    $APO
    $BCS
    $CG
    $CS
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13D/A filed by The Carlyle Group Inc.

    SC 13D/A - Carlyle Group Inc. (0001527166) (Subject)

    11/15/24 5:22:29 PM ET
    $CG
    Investment Managers
    Finance

    Amendment: SEC Form SC 13G/A filed by Goldman Sachs Group Inc.

    SC 13G/A - GOLDMAN SACHS GROUP INC (0000886982) (Filed by)

    11/8/24 5:34:28 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance

    Amendment: SEC Form SC 13G/A filed by Goldman Sachs Group Inc.

    SC 13G/A - GOLDMAN SACHS GROUP INC (0000886982) (Filed by)

    11/5/24 6:23:11 PM ET
    $GS
    Investment Bankers/Brokers/Service
    Finance