• 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

    Citi and Apollo Announce $25 Billion Private Credit, Direct Lending Program

    9/26/24 9:00:00 AM ET
    $APO
    $C
    Investment Managers
    Finance
    Major Banks
    Finance
    Get the next $APO alert in real time by email

    Mubadala and Athene to Participate as Apollo Strategic Partner and Affiliate, Respectively

    Citi & Apollo Private Credit, Direct Lending Program Marks Largest Relationship of its Kind

    Citigroup Inc. (NYSE:C) and Apollo (NYSE:APO) today announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo to form a landmark $25 billion private credit, direct lending program initially in North America, with the potential to expand to additional geographies. The program will include participation from Mubadala Investment Company as Apollo's strategic partner as well as Apollo's subsidiary, Athene, both of which will have the opportunity to join commitments appropriate for their respective mandates.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240926673479/en/

    The strategic program is designed to significantly enhance access for corporate and sponsor clients to the private lending capital pool, at a scale and size which can provide funding certainty in strategic transactions. The program will join Citi's expansive banking client reach, origination and capital markets expertise with Apollo's scaled, extensive capital base. The firms anticipate the program will finance approximately $25 billion of debt opportunities over the next several years, encompassing both corporate and financial sponsor transactions. Citi and Apollo expect strong client demand and maintain the flexibility to significantly expand the size of the program beyond the initial $25 billion.

    "This exciting project brings Citi together with Apollo and other best-in-class partners to offer a full suite of innovative, private financing solutions to our clients," said Viswas Raghavan, Head of Banking and Executive Vice Chair at Citi. "Combining the strength of Citi's Banking and Capital Markets franchise with Apollo's deep capital resources will provide clients with a range of options to meet their evolving financing needs and achieve their strategic goals."

    Apollo Co-President Jim Zelter said, "We are pleased to form a first-of-its-kind, scaled direct lending program with Citi, a preeminent banking partner and leader in capital markets and advisory. Our collaboration will allow Citi to enhance its client offerings and bring more private solutions to bear, while enabling Apollo to increase origination flow and tap into Citi's extensive client relationships. As financial markets continue to evolve, together we believe this is a win-win arrangement that uses our respective strengths and assets to better serve our clients and other stakeholders in a reliable, scalable and capital efficient manner."

    Cravath, Swaine & Moore LLP is serving as legal counsel and Citigroup Global Markets Inc. is acting as advisor to Citi; Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal counsel and Sullivan & Cromwell LLP is serving as regulatory counsel to Apollo.

    About Citi

    Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

    Additional information may be found at www.citigroup.com | X: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi

    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 to private equity with a focus on three investing 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 June 30, 2024, Apollo had approximately $696 billion of assets under management. To learn more, please visit www.apollo.com.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20240926673479/en/

    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
    $C

    CompanyDatePrice TargetRatingAnalyst
    Citigroup Inc.
    $C
    5/15/2025$83.00Hold
    TD Cowen
    Apollo Global Management Inc. (New)
    $APO
    4/10/2025$173.00Strong Buy
    Raymond James
    Citigroup Inc.
    $C
    1/6/2025$70.00 → $95.00Equal Weight → Overweight
    Barclays
    Citigroup Inc.
    $C
    12/3/2024$70.00 → $82.00Mkt Perform → Outperform
    Keefe Bruyette
    Apollo Global Management Inc. (New)
    $APO
    11/19/2024$188.00Overweight
    Piper Sandler
    Apollo Global Management Inc. (New)
    $APO
    9/25/2024$139.00Outperform
    Wolfe Research
    Apollo Global Management Inc. (New)
    $APO
    9/12/2024$132.00Overweight
    Wells Fargo
    Apollo Global Management Inc. (New)
    $APO
    8/27/2024$153.00Buy
    Redburn Atlantic
    More analyst ratings

    $APO
    $C
    Insider Purchases

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

    View All

    Krongard A B bought $86,719 worth of shares (1,009 units at $85.95), increasing direct ownership by 1% to 77,608 units (SEC Form 4)

    4 - Apollo Global Management, Inc. (0001858681) (Issuer)

    11/7/23 4:30:02 PM ET
    $APO
    Investment Managers
    Finance

    $APO
    $C
    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

    TD Cowen initiated coverage on Citigroup with a new price target

    TD Cowen initiated coverage of Citigroup with a rating of Hold and set a new price target of $83.00

    5/15/25 8:10:40 AM ET
    $C
    Major Banks
    Finance

    Raymond James initiated coverage on Apollo Global Management with a new price target

    Raymond James initiated coverage of Apollo Global Management with a rating of Strong Buy and set a new price target of $173.00

    4/10/25 12:40:27 PM ET
    $APO
    Investment Managers
    Finance

    Citigroup upgraded by Barclays with a new price target

    Barclays upgraded Citigroup from Equal Weight to Overweight and set a new price target of $95.00 from $70.00 previously

    1/6/25 7:43:35 AM ET
    $C
    Major Banks
    Finance

    $APO
    $C
    Insider Trading

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

    View All

    Director Henry Peter B. sold $271,209 worth of shares (3,000 units at $90.40), decreasing direct ownership by 58% to 2,140 units (SEC Form 4)

    4 - CITIGROUP INC (0000831001) (Issuer)

    7/18/25 4:01:25 PM ET
    $C
    Major Banks
    Finance

    Director Von Koskull Casper Wilhelm was granted 35 shares, increasing direct ownership by 0.18% to 8,011 units (SEC Form 4)

    4 - CITIGROUP INC (0000831001) (Issuer)

    7/3/25 1:06:42 PM ET
    $C
    Major Banks
    Finance

    Director Turley James S was granted 257 shares, increasing direct ownership by 0.39% to 3,686 units (SEC Form 4)

    4 - CITIGROUP INC (0000831001) (Issuer)

    7/3/25 1:06:14 PM ET
    $C
    Major Banks
    Finance

    $APO
    $C
    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

    Citi to Deliver New Customized Portfolio Offering Powered by BlackRock to Citi Wealth Clients Globally

    Harnesses the power and scale of two global leaders in wealth $80 Billion Citi Wealth Client Assets to Be Managed by BlackRock in Largest Agreement of its Kind Citi Wealth today announced the selection of BlackRock to create a new portfolio offering for its clients – Citi Portfolio Solutions powered by BlackRock. This offering will combine the strategic investment advisory and planning capabilities of the leading global bank with the investment management and technology strengths of one of the world's preeminent asset managers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250904755362/en/ The agreement includes the appoint

    9/4/25 9:00:00 AM ET
    $C
    Major Banks
    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
    $C
    SEC Filings

    View All

    SEC Form 424B3 filed by Citigroup Inc.

    424B3 - CITIGROUP INC (0000831001) (Filer)

    9/8/25 3:58:26 PM ET
    $C
    Major Banks
    Finance

    SEC Form FWP filed by Citigroup Inc.

    FWP - CITIGROUP INC (0000831001) (Subject)

    9/8/25 6:02:18 AM ET
    $C
    Major Banks
    Finance

    SEC Form FWP filed by Citigroup Inc.

    FWP - CITIGROUP INC (0000831001) (Subject)

    9/5/25 12:43:42 PM ET
    $C
    Major Banks
    Finance

    $APO
    $C
    Leadership Updates

    Live Leadership Updates

    View All

    Citi to Deliver New Customized Portfolio Offering Powered by BlackRock to Citi Wealth Clients Globally

    Harnesses the power and scale of two global leaders in wealth $80 Billion Citi Wealth Client Assets to Be Managed by BlackRock in Largest Agreement of its Kind Citi Wealth today announced the selection of BlackRock to create a new portfolio offering for its clients – Citi Portfolio Solutions powered by BlackRock. This offering will combine the strategic investment advisory and planning capabilities of the leading global bank with the investment management and technology strengths of one of the world's preeminent asset managers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250904755362/en/ The agreement includes the appoint

    9/4/25 9:00:00 AM ET
    $C
    Major Banks
    Finance

    Apollo Names Brian Chu Head of Apollo Portfolio Performance Solutions

    NEW YORK, July 07, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced that Brian Chu has joined the firm as a Partner and Head of Apollo Portfolio Performance Solutions (APPS). In this role, Chu will lead APPS' mission to deliver strategic and hands-on operational support across Apollo's private equity portfolio. He will build on the team's established value creation model, which combines generalist operating partners and deep functional expertise to unlock transformational growth opportunities for Apollo's funds' portfolio companies. Chu brings more than 20 years of experience in operational leadership and private equity to Apollo. He most recently served as Senior Managing Dire

    7/7/25 8:00:00 AM ET
    $APO
    Investment Managers
    Finance

    Apollo Announces Olympus Housing Capital

    NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE:APO) today announced the launch of Olympus Housing Capital ("Olympus" or the "Company"), a new homebuilder finance strategy. Olympus is an affiliate of Apollo and focuses on providing capital solutions to homebuilders across the United States to finance land acquisition and development work required to transform entitled residential land into finished lots ready for home construction. Olympus is led by CEO Andrew Brausa, an industry veteran with more than two decades of experience in residential housing. Olympus operates at the intersection of multiple secular tailwinds including the structural under-supply of single-family homes an

    6/30/25 8:00:00 AM ET
    $APO
    Investment Managers
    Finance

    $APO
    $C
    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

    Apollo Reports Second Quarter 2025 Results

    NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE:APO) (together with its consolidated subsidiaries, "Apollo") today reported results for the second quarter ended June 30, 2025. Marc Rowan, Chairman and Chief Executive Officer at Apollo said, "Our second quarter results reflect the strength of Apollo's business model and the discipline with which we operate. The power of our origination capabilities were on full display, helping to drive record quarterly organic inflows and Fee Related Earnings. In a dynamic environment, we remain focused on investing and innovating behind long-term growth themes — retirement, wealth, industrial renaissance, and the public-p

    8/5/25 6:30:00 AM ET
    $APO
    Investment Managers
    Finance

    GeoWealth Secures $38 Million in Series C Funding Led by Apollo

    GeoWealth and Apollo form strategic partnership to transform how private market funds are integrated into model portfolios for the RIA community GeoWealth, a proprietary technology and turnkey asset management platform (TAMP), today announced that it has raised a $38 million Series C funding round led by Apollo (NYSE:APO). In tandem, GeoWealth and Apollo have formed a strategic partnership to expand access to customizable public-private model portfolios for registered investment advisors (RIAs). The previously announced investment from BlackRock, J.P. Morgan Asset Management and Kayne Anderson Capital Advisors (sub-advised by Composition Capital) is included in the Series C funding tota

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

    $APO
    $C
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G filed by Citigroup Inc.

    SC 13G - CITIGROUP INC (0000831001) (Filed by)

    11/12/24 1:24:51 PM ET
    $C
    Major Banks
    Finance

    SEC Form SC 13G/A filed by Citigroup Inc. (Amendment)

    SC 13G/A - CITIGROUP INC (0000831001) (Subject)

    2/13/24 4:55:49 PM ET
    $C
    Major Banks
    Finance

    SEC Form SC 13G/A filed by Apollo Global Management Inc. (New) (Amendment)

    SC 13G/A - Apollo Global Management, Inc. (0001858681) (Subject)

    2/13/24 4:55:49 PM ET
    $APO
    Investment Managers
    Finance