Aaron Miller Named Chairman of APPS, Expected to Retire at End of 2026

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 Director and co-head of the portfolio operations group at Centerbridge Partners, where he led value creation efforts across a portfolio of approximately 30 companies. His career has been defined by close collaboration with management teams and boards to drive growth and implement organizational change. Prior to Centerbridge, he was an Operating Partner at Bain Capital and has held several senior roles in operations and technology.

Aaron Miller, who led APPS since joining the firm in 2019, will transition to Chairman of APPS. In this role, he will continue to advise on strategic initiatives, work closely with select portfolio companies on high-priority value creation projects and support the continued evolution and expansion of the APPS platform.

“Brian’s exceptional ability to build high-performing operations teams, combined with his disciplined approach to value creation, makes him the ideal leader to continue building upon the strong foundation that Aaron has established and developed,” said Antoine Munfakh, Partner and Head of Private Equity – North America, and Michele Raba, Partner and Head of Private Equity – Europe. “As our industry increasingly recognizes that outperformance will be driven by improving businesses rather than expanding multiples, the role of APPS has never been more crucial. Scaling our APPS platform has been a game changer for our private equity franchise, transforming the way we partner with outstanding management teams to create tangible value at each stage of the investment lifecycle.”

“Apollo has built one of the most effective operating platforms in the industry, known for its deep alignment with management and relentless focus on business transformation,” said Brian Chu. “I’m honored to join this talented team and to carry forward the APPS mission—accelerating growth through investments in technology, talent and commercial excellence. I look forward to expanding our capabilities and helping portfolio companies realize their full potential.”

Miller said, “I’m deeply proud of the culture of innovation, performance and collaboration we’ve built at APPS. Working alongside such a talented group of professionals—and seeing the tangible, lasting value we’ve helped create—has been one of the most fulfilling chapters of my career. I’m excited to support Brian and the team as they take APPS to even greater heights.”

About Apollo Portfolio Performance Solutions (APPS)

APPS supports Apollo funds’ portfolio companies throughout every stage of ownership by leveraging deep expertise across critical functional domains, including digital transformation, AI integration, procurement and supply chain optimization. With a team of 35 full-time professionals—comprising both functional specialists and generalist operators—APPS partners closely with company leadership to implement tailored value creation strategies. Through Value Creation Offices (VCOs), the team works with management to ensure rigorous execution and accountability, driving sustained performance improvements and long-term value.

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 private 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 March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

Contacts

Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
(212) 822-0491
Communications@apollo.com

Tokyo – July 1, 2025 – Blackstone (NYSE:BX) today announces a key senior leadership appointment in Japan, as the firm continues to expand its footprint in the market and strengthen its commitment to Japan.

Muneya Taniguchi will join as Vice Chairman of Japan and Executive Advisor to lead the firm’s expansion, primarily focusing on western Japan. Prior to Blackstone, he was with MUFG Bank as Deputy President and with Mitsubishi UFJ Morgan Stanley Securities as Deputy Chairman, building relationships and guiding business strategies in western Japan.

Atsuhiko Sakamoto, Head of Private Equity, Blackstone Japan, said: “We are pleased to welcome industry veteran Muneya to our Blackstone Japan team. His expertise will be invaluable as we continue to expand our presence in the market and stay differentiated through our scale and partnerships. We are coming on the heels of our most active year in Japan across businesses, investing in fantastic businesses and assets and delivering for investors.”

He continued: “Japan is an integral part of Blackstone’s global business and a key driver of our growth. We wouldn’t be where we are today without the support of our Japanese partners and investors – some who have entrusted us since our founding days 40 years ago.”

Blackstone has executed a number of high-profile transactions in the country, including investing in Tokyo Garden Terrace Kioicho, the largest real estate investment by a foreign investor; Amutus (formerly Infocom), the leading provider of digital comics; Sony Payment Services, carveout of Sony’s payment service provider; I’rom, a preeminent Japanese site management organization; and CMIC, Japan’s top contract research organization. In Private Wealth, the firm has been a pioneer, partnering with leading Japanese financial institutions to create access to its four flagship strategies to individual investors.

About Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s $1.2 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

Contact
Mariko Sanchanta
Mariko.Sanchanta@Blackstone.com
+852 9012 5314

Kekst CNC
Blackstone@kekstcnc.com
090-3239-9348

HONG KONG, June 26, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Celia Yan has joined the firm as a Partner and Head of Hybrid for Asia Pacific. Based in Hong Kong, Yan will lead the expansion of Apollo’s hybrid platform across the region, building on the firm’s momentum in delivering flexible, tailored capital solutions across private markets.

Apollo’s hybrid business focuses on delivering creative, partnership-driven solutions that sit between traditional debt and equity. We provide solutions that help companies fund growth initiatives, generate liquidity and deleverage balance sheets, among other bespoke applications. In this newly created role, Yan will drive origination, execution and growth for Apollo’s hybrid strategies in Asia Pacific.

Yan brings over 20 years of industry experience and extensive private investment expertise across Asia Pacific, most recently serving as Head of APAC Private Credit at BlackRock. Previously, she held senior investment roles at ADM Capital, National Australia Bank and Equity Trustees Limited (EQT).

“Celia’s experience across private markets investing, managing cross-border teams and growing business verticals makes her a key addition as we grow our hybrid business in Asia Pacific,” said Matthew Michelini, Partner and Head of Asia Pacific at Apollo. “As companies and investors increasingly seek structured and creative solutions, Celia will help us deliver for clients across the region.”

Chris Lahoud, Partner at Apollo, said: “As capital markets evolve, we see an attractive opportunity for hybrid growth in the region, providing partnership-oriented, flexible capital to companies and projects.”

“Apollo’s integrated platform and global reach, paired with a strong local presence, position the firm to deliver hybrid capital at scale,” said Celia Yan. “Across Asia Pacific, businesses and sponsors are looking for non-dilutive, customized solutions that can address real market inefficiencies—and hybrid is increasingly the answer. I’m excited to join the team and help accelerate this strategy across the region.”

Yan holds a Bachelor of Commerce from the University of Melbourne and a Master’s in Applied Econometrics from Monash University.

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 private 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 March 31, 2025, Apollo had approximately $785 billion of assets under management. To learn more, please visit www.apollo.com.

Apollo Contacts

Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
(212) 822-0491
Communications@apollo.com

NEW YORK – June 16, 2025 – Blackstone (NYSE: BX) announced today that Joseph Cassanelli, former Co-Head of Lazard’s U.S. Financial Institutions Group, has joined Blackstone Tactical Opportunities (“Tac Opps”) as a Senior Managing Director. Mr. Cassanelli will be based in New York and serve as an investment professional within Tac Opps focused on the financial services sector.

Chris James, Global Head of Tac Opps, said: “Joe’s deep expertise and relationships in the financial services sector make him an ideal addition to Tac Opps – as we continue to seek to deliver differentiated performance for our investors. We believe our scale and flexible capital are particularly well suited for today’s market environment, and look forward to working with Joe to continue serving as a trusted capital solutions provider to businesses in financial services and beyond.”

Joseph Cassanelli added: “I am thrilled to join Blackstone Tactical Opportunities, which has built a well-deserved reputation for creativity and innovation as a pioneer in hybrid capital with exceptional investment professionals. I look forward to providing bespoke capital solutions in partnership with outstanding management teams and companies across the financial services sector.”

Mr. Cassanelli spent more than two decades at Lazard, serving as a trusted strategic advisor to a broad range of global financial institutions. He has advised on more than half a trillion dollars of transactions, including many of the largest and most complex mergers, acquisitions, and strategic restructuring transactions in financial services. This included Blackstone’s IPO and C-Corp conversion, and numerous financial services transactions for Tac Opps and insurance-related transactions for Blackstone Credit & Insurance. He also served as Chairman of Lazard’s U.S. Fairness Opinion Committee. Prior to joining Lazard in 2002, Mr. Cassanelli spent several years at Wasserstein Perella & Co. and Deloitte.

Blackstone launched its Tactical Opportunities platform in 2012 – a strategy the firm pioneered – to invest across the landscape of private investment opportunities outside of traditional private equity and private credit. Tac Opps today has $34 billion of assets under management and is the largest hybrid capital solutions platform in the world. The Tac Opps team invests globally across asset classes, industries, and geographies, utilizing bespoke and innovative structures to seek to deliver compelling risk-adjusted returns by identifying and executing on attractive, differentiated investment opportunities.

Blackstone announced in 2023 the record close of Blackstone Tactical Opportunities Fund IV (“BTO IV”), which it is currently investing. Including other single-investor vehicles pursuing the same strategy, the combined BTO IV platform is currently expected to have nearly $10 billion of new capital in its fourth fundraising vintage. This is substantially higher than the BTO III platform and the largest-ever vintage of its kind. Marquee investments in BTO IV include CoreWeave, a specialized provider of critical cloud infrastructure pioneering the AI revolution, and the music royalty platform Recognition Music Group (f/k/a Hipgnosis).

About Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s nearly $1.2 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

Contact
Matt Anderson
Matthew.Anderson@blackstone.com
518-248-7310

CapMan appoints James O’Neill as Managing Director to its Fund Investor Relations team to serve its growing and internationalising investor base

CapMan is pleased to announce the appointment of James O’Neill as Managing Director, Real Estate to its Fund Investor Relations team. This strategic recruitment underscores CapMan’s commitment to expanding its investor relations and fundraising capabilities and driving growth in the international private real asset sector.

CapMan Real Estate has over the past years demonstrated remarkable growth in its Nordic real estate product offerings, ranging today from value-add funds to open-ended income-oriented funds investing in residential, hotel, and public sector real estate. Since 2013, its Nordic strategies have successfully raised over EUR 3.6 billion from a global institutional investor base. This achievement highlights CapMan Real Estate’s ability to attract international capital and deliver exceptional value to its investors.

James O’Neill brings over 20 years of experience in international real asset fundraising and business development as he joins CapMan. He has previously held key positions as Executive Director and Head of Equity Placement UK at CBRE Capital Advisors and as Head of International Distribution at Legal & General Investment Management, Real Assets.

“We are thrilled to welcome James O’Neill to our team at a time, when real assets already account for three quarters of CapMan’s EUR 6.4 billion asset under management,” says Mari Simula, Head of Fund Investor Relations at CapMan.

“O’Neill’s expertise, global institutional investor network, and deep understanding of private market dynamics will be instrumental in advancing our fundraising initiatives and achieving our strategic objectives,” adds Mika Matikainen, Managing Partner of CapMan Real Estate.

In his new role, O’Neill will be responsible for developing and executing fundraising strategies, identifying potential investors, and managing investor relations primarily for CapMan’s real estate funds.

“I am excited to join CapMan and contribute to its successful and growing real assets product offering,” says O’Neill.

“CapMan has a unique position across private markets in the Nordics, and I look forward to working with the team to continue developing our investment strategies and deepening relationships with our investors,” he continues.

This appointment supports CapMan’s objective to increase its assets under management to EUR 10 billion during the ongoing strategy period.

For more information, please contact:

Mari Simula, Head of Fund Investor Relations, CapMan, mari.simula@capman.com

Mika Matikainen, Managing Partner, CapMan Real Estate, mika.matikainen@capman.com

About CapMan

CapMan is a leading Nordic private asset expert with an active approach to value creation and €6.4 billion in assets under management. As one of the private equity pioneers in the Nordics we have developed hundreds of companies and assets creating significant value for over three decades. Our objective is to provide attractive returns and innovative solutions to investors by enabling change across our portfolio companies. An example of this is greenhouse gas reduction targets that we have set under the Science Based Targets initiative in line with the 1.5°C scenario and our commitment to net-zero GHG emissions by 2040. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover real estate and infrastructure assets, natural capital and minority and majority investments in portfolio companies. We also provide wealth management solutions. Altogether, CapMan employs around 200 professionals in Helsinki, Jyväskylä, Stockholm, Copenhagen, Oslo, London and Luxembourg. We are listed on Nasdaq Helsinki since 2001. www.capman.com

Former Chief Analytics & AI Officer at Universal Music Group to Support New Investments and Portfolio Value Creation Efforts

New York – May 28, 2025 — Warburg Pincus, the pioneer of private equity global growth investing, today announced the appointment of SK Sharma as a Senior Advisor, working with the firm’s Technology group. In his role, Dr. Sharma will assist Warburg Pincus in identifying, evaluating and supporting new investment opportunities and advise portfolio companies on value creation initiatives with a focus on generative artificial intelligence (GenAI).

Dr. Sharma was previously Chief Analytics & AI Officer at Universal Music Group, where he led a global team of AI researchers, data scientists and strategists to develop innovative products and services focusing on listener engagement, audience growth and marketing analytics technology. He also has deep expertise in creating and bringing companies through the growth stage and to exit, having served as a co-founder or operating partner for four different companies, three of which were acquired by strategic buyers.

“We are thrilled to welcome SK, who has been at the forefront of artificial intelligence innovation and real-world application, to Warburg Pincus. SK will be an invaluable resource to our investment thesis generation and portfolio company value creation,” said Michael Ding, Managing Director, Warburg Pincus.

“I am excited to be joining Warburg Pincus, which has been synonymous with growth investing since its start and has an impressive track record in the technology space,” said SK Sharma. “GenAI is creating incredible opportunities, and I look forward to working with the team to identify and evaluate new investments and support value creation for the firm’s impressive portfolio companies.”

Dr. Sharma currently serves as Entrepreneur in Residence at the University of California San Diego Jacobs School of Engineering and holds a Ph.D. in Physical Chemistry and Chemical Physics from Caltech. He has authored four artificial intelligence patents as lead inventor.

About Warburg Pincus

Warburg Pincus LLC is the pioneer of private equity global growth investing. A private partnership since 1966, the firm has the flexibility and experience to focus on helping investors and management teams achieve enduring success across market cycles. Today, the firm has more than $87 billion in assets under management, and more than 220 companies in its active portfolio, diversified across stages, sectors, and geographies. Warburg Pincus has invested in more than 1,000 companies across its private equity, real estate, and capital solutions strategies.

The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For more information, please visit www.warburgpincus.com or follow us on LinkedIn.

Contact

Kerrie Cohen

Global Head of Communications & Marketing

kerrie.cohen@warburgpincus.com

NPM participation Conclusion has appointed Daniëlle Graat as director of Hot ITem Conclusion, an operating company within the Conclusion ecosystem specialized in data-driven performance improvement. Graat, who has been involved with Conclusion since 2015, will also remain responsible for Conclusion Low Code Company, which she helped build into a successful organization with over fifty consultants specializing in Mendix.

With Graat’s appointment, Hot ITem Conclusion gains an experienced leader at the helm. The Amsterdam-based organization has over 200 employees and is one of the largest players in the Netherlands in the field of business intelligence, data analytics and data-driven process improvement. Within the Conclusion ecosystem, Hot ITem works closely with other labels under the banner of Conclusion Intelligence.

According to Graat, what makes Hot ITem unique is the integrated approach to technology, data and process improvement from a business perspective. “Real breakthroughs are rarely realized without insight in the value of data as well as people. By providing that insight, we can take meaningful steps with clients,” said Graat.

Geesje Boon, director of Conclusion Intelligence, calls Graat’s appointment a logical step: “Daniëlle has proven to build and lead companies with vision and energy. With her experience and people-oriented approach, she is the right person to lead Hot ITem Conclusion to further growth.”