QXO Upsizes Convertible Preferred Equity Placement to $3 Billion

GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced a $1.8 billion increase to its previously announced $1.2 billion financing led by funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”), bringing the total investment in QXO to $3 billion. Apollo, Temasek, and certain other investors have agreed to make the investment through the previously disclosed series of convertible perpetual preferred stock (the “Series C Prefe.

Business Wire • Jan 12, 2026

Trump says U.S. to ban large investors from buying homes

President Donald Trump said he's immediately taking steps to ban large institutional investors from buying more single-family homes.

CNBC • Jan 7, 2026

Apollo Backs $5.4 Billion Valor and xAI Data Center Compute Infrastructure Transaction with $3.5 Billion Capital Solution

NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds and affiliates (the “Apollo Funds”) have led a $3.5 billion capital solution for Valor Compute Infrastructure L.P. (“VCI”), a fund managed by Valor Equity Partners (“Valor”), to support its $5.4 billion acquisition and lease of data center compute infrastructure, including NVIDIA GB200 GPUs, to a subsidiary of xAI Corp (“xAI”).

GlobeNewsWire • Jan 7, 2026

Apollo to Announce Fourth Quarter and Full Year 2025 Financial Results on February 9, 2026

NEW YORK, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) plans to release financial results for the fourth quarter and full year 2025 on Monday, February 9, 2026, before the opening of trading on the New York Stock Exchange. Management will review Apollo's financial results at 8:30 am ET via public webcast available on Apollo's Investor Relations website at ir.apollo.com.

GlobeNewsWire • Jan 6, 2026

Apollo Reports Q4 Preliminary Net Investment Income of $325M

APO posts preliminary Q4 alternative net investment income of $325M, a 10% annualized return that exceeds last year's result.

Zacks Investment Research • Jan 6, 2026

Russell Investments Announces Strategic Financing to Support Long-Term Growth

SEATTLE--(BUSINESS WIRE)--Russell Investments today announced the completion of a $1.225B strategic financing with Apollo (NYSE: APO) managed funds and affiliates associated with its hybrid and credit strategies (the “Apollo Funds”). The solution provides the firm with long-term capital and enhanced balance sheet flexibility to support continued execution of its growth strategy. The transaction refinances Russell Investments' existing term loan, fully repays the firm's prior group of lenders, a.

Business Wire • Jan 6, 2026

Pluto Launches an AI-Powered Lending Platform to Unlock Liquidity in Private Markets, Backed by Leading Credit Investors

NEW YORK--(BUSINESS WIRE)--Pluto Financial Technologies, Inc. has launched the first AI-powered lending platform purpose built for private markets, backed by Motive Ventures, Portage, Apollo Global Management (NYSE: APO), Hamilton Lane (Nasdaq: HLNE), Tectonic Ventures, and Broadhaven Ventures. Pluto has raised $8.6 million in equity and secured hundreds of millions in lending capacity. Private markets are booming, with total AUM projected to grow 1.5x in the next five years. Yet these assets l.

Business Wire • Jan 6, 2026

QXO Announces $1.2 Billion Convertible Preferred Equity Investment Led by Apollo to Fund Future Acquisitions

GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (NYSE: QXO) (the “Company” or “QXO”) today announced that funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (“Apollo”) and certain other investors have agreed to invest $1.2 billion in QXO through a new series of convertible perpetual preferred stock. The investment further strengthens QXO's financial flexibility in pursuing acquisition opportunities. Under the investment agreement, the investors have committed to purchase the.

Business Wire • Jan 5, 2026

My Most Important Dividend Growth Picks For The Market's Next Phase

The market's favorite AI trades may already be priced for perfection. A quieter corner of the AI boom is generating real cash flows. Dividend growth investors may be looking in all the wrong places.

Seeking Alpha • Jan 1, 2026

AI story is no longer an equity story, says Apollo Global's Torsten Slok

Torsten Slok, chief economist at Apollo Global Management, joins ‘Squawk on the Street' to discuss market trends, how the ‘big beautiful bill' is helping the economy, and more.

CNBC Television • Dec 26, 2025