- media@moneyinfocus.news
Apollo Global Management continued to expand its investment portfolio in 2026 through a series of acquisitions across multiple sectors, while reporting higher recurring earnings supported by growth in assets under management.
The firm agreed to acquire Emerald Holding, Inc. in an all-cash transaction valued at approximately US$1 billion. Under the terms of the agreement, Emerald shareholders are expected to receive US$5.03 per share. The acquisition expands Apollo’s exposure to the business-to-business events and media industry.
Apollo also completed the acquisition of a majority stake in Noble Environmental, a vertically integrated waste management platform, adding environmental services to its portfolio of infrastructure and industrial investments.
Separately, the firm agreed to acquire Nippon Sheet Glass Co., Ltd. in a US$3.7 billion take-private transaction, representing Apollo’s largest private equity investment in Japan to date and reinforcing its expansion in the Asia-Pacific region.
Alongside its acquisition activity, Apollo Global Management reported that fee-related earnings increased 30% year over year in the first quarter of 2026, supported by recurring management fee revenue generated from approximately US$1.03 trillion in fee-generating assets under management.
The acquisitions expand Apollo’s presence across events, environmental services, and industrial manufacturing while adding to its investment activity in North America and Asia. The company’s upcoming earnings reports are expected to provide additional details on capital deployment, portfolio integration, and fee-related earnings.
