Apollo Sports Capital Becomes Majority Shareholder of Atlético de Madrid
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy ARES?
Source: Globenewswire
- Change in Control: Apollo Sports Capital has completed its investment to become the majority shareholder of Atlético de Madrid, with Quantum Pacific Group retaining a substantial stake as the second-largest shareholder, reflecting confidence in the club's future development.
- Capital Injection Plan: The Atlético de Madrid Board has approved an increase of up to €100 million in equity and strategic capital to support the club's investment plans, including team enhancements and infrastructure projects, aimed at boosting competitiveness and financial stability.
- Continued Leadership: CEO Miguel Ángel Gil and Chairman Enrique Cerezo will continue to lead Atlético de Madrid, ensuring that the club's traditions and spirit are upheld with the support of the new investors.
- Enhanced Community Impact: Apollo Sports Capital is committed to partnering with the club's management to strengthen Atlético de Madrid's community impact, aiming to enhance the club's social responsibility and brand value through long-term investments.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ARES?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ARES
Wall Street analysts forecast ARES stock price to rise
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 103.460
Low
155.00
Averages
191.40
High
223.00
Current: 103.460
Low
155.00
Averages
191.40
High
223.00
About ARES
Ares Management Corporation is an alternative investment manager offering clients complementary primary and secondary investment solutions across various asset classes. Its segments include Credit Group, Private Equity Group, Real Assets Group, Secondaries Group, and Other. The Credit Group segment manages credit strategies across the liquid and illiquid spectrum, including liquid credit, alternative credit, direct lending and APAC credit. The Private Equity Group segment categorizes its investment strategies as corporate private equity, special opportunities and APAC private equity. The Real Assets Group segment manages comprehensive equity and debt strategies across real estate and infrastructure investments. The Secondaries Group segment invests in secondary markets across a range of alternative asset class strategies, including private equity, real estate, infrastructure and credit. It has operations across North America, South America, Europe, Asia Pacific and the Middle East.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Apollo Sports Capital Becomes Majority Shareholder of Atlético de Madrid
- Change in Control: Apollo Sports Capital has completed its investment to become the majority shareholder of Atlético de Madrid, with Quantum Pacific Group retaining a substantial stake as the second-largest shareholder, reflecting confidence in the club's future development.
- Capital Injection Plan: The Atlético de Madrid Board has approved an increase of up to €100 million in equity and strategic capital to support the club's investment plans, including team enhancements and infrastructure projects, aimed at boosting competitiveness and financial stability.
- Continued Leadership: CEO Miguel Ángel Gil and Chairman Enrique Cerezo will continue to lead Atlético de Madrid, ensuring that the club's traditions and spirit are upheld with the support of the new investors.
- Enhanced Community Impact: Apollo Sports Capital is committed to partnering with the club's management to strengthen Atlético de Madrid's community impact, aiming to enhance the club's social responsibility and brand value through long-term investments.
See More
Bumble Shares Surge 21% on Strong Q4 Results and Positive Guidance
- Bumble's Strong Earnings: Bumble's fourth-quarter results showed strong adjusted EBITDA and revenue, leading to a 21% surge in shares, indicating robust performance in the competitive dating app market and likely attracting further investor interest.
- Netskope's Weak Guidance: Netskope anticipates an adjusted loss of 6 to 7 cents per share for Q1, worse than the 6 cents expected by analysts, resulting in a 17% drop in shares, reflecting market concerns over its future profitability and potential impact on funding.
- Petco's Positive Outlook: Petco's guidance for Q1 adjusted EBITDA between $92 million and $94 million exceeded analyst expectations, causing shares to rise 12%, highlighting strong demand and growth potential in the pet products and services market.
- Hims & Hers Stock Rise: Hims & Hers shares increased over 5% following Eli Lilly's warning about health risks associated with its weight-loss drug, demonstrating market sensitivity to health product issues and investor confidence in the company's future growth.
See More
Morgan Stanley Private Credit Fund Limits Withdrawals, Adding Pressure on Blue Owl Stock and Ares.
Morgan Stanley's Action: Morgan Stanley's investment management division has capped withdrawals from a private credit fund due to a surge in redemption requests from investors.
Investor Communication: The firm communicated this decision to investors through a letter sent on Wednesday evening, indicating the challenges faced in managing the fund.
See More
Morgan Stanley Private Credit Fund Limits Withdrawals Amid Stock Market Decline.
Morgan Stanley's Action: Morgan Stanley's investment management division has capped withdrawals from a private credit fund due to a surge in redemption requests from investors.
Investor Communication: The firm communicated this decision to investors through a letter sent on Wednesday evening, indicating the challenges faced in managing the fund.
Market Context: This move aligns with a broader trend among asset managers responding to increased withdrawal demands amid market volatility.
Implications for Investors: Investors may face limitations on accessing their funds, reflecting the tightening liquidity conditions in the private credit market.
See More
S&P 500 Declines as Oil Prices Surge Despite Reserve Release
- Oil Price Surge: Despite the IEA authorizing a historic release of 400 million barrels of strategic oil reserves, WTI crude prices surged by 8.45% to $94.62 per barrel, indicating heightened market concerns over energy supply tightness.
- Bearish Market Sentiment: Data from the Polygon platform reveals that traders are only pricing in a 12% chance of an upward opening on March 12, with early trading volume reaching $26,319, reflecting a pessimistic outlook among investors.
- Rising Inflation Expectations: February's Consumer Price Index (CPI) rose by 0.3%, aligning with expectations; however, the market is beginning to price in the inflationary impact of the current energy spike, pushing the 10-year Treasury yield up to 4.23%.
- Geopolitical Risks Intensify: Iran's reported attacks on three cargo vessels in the Strait of Hormuz further exacerbate oil price increases, highlighting the significant impact of geopolitical factors on energy markets, necessitating close monitoring by investors.
See More
U.S. Stocks Extend Losses Amid Surging Oil Prices
- Oil Price Surge: Despite the International Energy Agency's unprecedented release of 400 million barrels from emergency reserves, crude prices surged, with WTI rising 6.1% to $88.56 per barrel and Brent up 6.0% to $93.06, indicating persistent market concerns over rising energy costs.
- Broad Market Decline: The Dow Jones Industrial Average fell 1.1% to 47,190 for the second consecutive day, while the S&P 500 dropped 0.5% to 6,750 and the Nasdaq 100 slipped 0.3% to 24,890, reflecting a waning investor confidence in risk assets amid rising oil prices.
- Inflation Concerns Intensify: The 10-year Treasury yield rose to 4.22% despite February's CPI meeting expectations, suggesting heightened market anxiety over potential inflationary pressures in the coming months, which could influence monetary policy decisions.
- Private Credit Market Turmoil: Reports of JPMorgan Chase tightening lending to private credit funds and marking down loan values triggered a sharp selloff in alternative asset managers, highlighting increasing concerns over credit risk in the financial sector.
See More
Apollo Sports Capital Becomes Majority Shareholder of Atlético de Madrid
- Change in Control: Apollo Sports Capital has completed its investment to become the majority shareholder of Atlético de Madrid, with Quantum Pacific Group retaining a substantial stake as the second-largest shareholder, reflecting confidence in the club's future development.
- Capital Injection Plan: The Atlético de Madrid Board has approved an increase of up to €100 million in equity and strategic capital to support the club's investment plans, including team enhancements and infrastructure projects, aimed at boosting competitiveness and financial stability.
- Continued Leadership: CEO Miguel Ángel Gil and Chairman Enrique Cerezo will continue to lead Atlético de Madrid, ensuring that the club's traditions and spirit are upheld with the support of the new investors.
- Enhanced Community Impact: Apollo Sports Capital is committed to partnering with the club's management to strengthen Atlético de Madrid's community impact, aiming to enhance the club's social responsibility and brand value through long-term investments.
See More
Bumble Shares Surge 21% on Strong Q4 Results and Positive Guidance
- Bumble's Strong Earnings: Bumble's fourth-quarter results showed strong adjusted EBITDA and revenue, leading to a 21% surge in shares, indicating robust performance in the competitive dating app market and likely attracting further investor interest.
- Netskope's Weak Guidance: Netskope anticipates an adjusted loss of 6 to 7 cents per share for Q1, worse than the 6 cents expected by analysts, resulting in a 17% drop in shares, reflecting market concerns over its future profitability and potential impact on funding.
- Petco's Positive Outlook: Petco's guidance for Q1 adjusted EBITDA between $92 million and $94 million exceeded analyst expectations, causing shares to rise 12%, highlighting strong demand and growth potential in the pet products and services market.
- Hims & Hers Stock Rise: Hims & Hers shares increased over 5% following Eli Lilly's warning about health risks associated with its weight-loss drug, demonstrating market sensitivity to health product issues and investor confidence in the company's future growth.
See More
Morgan Stanley Private Credit Fund Limits Withdrawals, Adding Pressure on Blue Owl Stock and Ares.
Morgan Stanley's Action: Morgan Stanley's investment management division has capped withdrawals from a private credit fund due to a surge in redemption requests from investors.
Investor Communication: The firm communicated this decision to investors through a letter sent on Wednesday evening, indicating the challenges faced in managing the fund.
See More
Morgan Stanley Private Credit Fund Limits Withdrawals Amid Stock Market Decline.
Morgan Stanley's Action: Morgan Stanley's investment management division has capped withdrawals from a private credit fund due to a surge in redemption requests from investors.
Investor Communication: The firm communicated this decision to investors through a letter sent on Wednesday evening, indicating the challenges faced in managing the fund.
Market Context: This move aligns with a broader trend among asset managers responding to increased withdrawal demands amid market volatility.
Implications for Investors: Investors may face limitations on accessing their funds, reflecting the tightening liquidity conditions in the private credit market.
See More
S&P 500 Declines as Oil Prices Surge Despite Reserve Release
- Oil Price Surge: Despite the IEA authorizing a historic release of 400 million barrels of strategic oil reserves, WTI crude prices surged by 8.45% to $94.62 per barrel, indicating heightened market concerns over energy supply tightness.
- Bearish Market Sentiment: Data from the Polygon platform reveals that traders are only pricing in a 12% chance of an upward opening on March 12, with early trading volume reaching $26,319, reflecting a pessimistic outlook among investors.
- Rising Inflation Expectations: February's Consumer Price Index (CPI) rose by 0.3%, aligning with expectations; however, the market is beginning to price in the inflationary impact of the current energy spike, pushing the 10-year Treasury yield up to 4.23%.
- Geopolitical Risks Intensify: Iran's reported attacks on three cargo vessels in the Strait of Hormuz further exacerbate oil price increases, highlighting the significant impact of geopolitical factors on energy markets, necessitating close monitoring by investors.
See More
U.S. Stocks Extend Losses Amid Surging Oil Prices
- Oil Price Surge: Despite the International Energy Agency's unprecedented release of 400 million barrels from emergency reserves, crude prices surged, with WTI rising 6.1% to $88.56 per barrel and Brent up 6.0% to $93.06, indicating persistent market concerns over rising energy costs.
- Broad Market Decline: The Dow Jones Industrial Average fell 1.1% to 47,190 for the second consecutive day, while the S&P 500 dropped 0.5% to 6,750 and the Nasdaq 100 slipped 0.3% to 24,890, reflecting a waning investor confidence in risk assets amid rising oil prices.
- Inflation Concerns Intensify: The 10-year Treasury yield rose to 4.22% despite February's CPI meeting expectations, suggesting heightened market anxiety over potential inflationary pressures in the coming months, which could influence monetary policy decisions.
- Private Credit Market Turmoil: Reports of JPMorgan Chase tightening lending to private credit funds and marking down loan values triggered a sharp selloff in alternative asset managers, highlighting increasing concerns over credit risk in the financial sector.
See More
