Apollo Global Management‘s cornerstone investors and two of its founders are selling a slice of their shares, writes Reuters. Cornerstone investors Abu Dhabi Investment Authority and California Public Employees’ Retirement System, which invested a combined $1.2 billion in Apollo in 2007, have each registered to sell stakes currently worth up to $203.4 million, writes Reuters.

Apollo Global Management said Friday it priced ALME Loan Funding 2013-1, a €325 million (US$426 million) Collateralized Loan Obligation. ALME-1 is Apollo’s first European CLO and it will invest in corporate leverage loans.

Apollo Global Management is getting some of its investment back from Sprouts Farmers Market after just two years.

Twinkies, Ding Dongs and Wonder Bread may soon be back in stores after a bankruptcy court judge on Tuesday approved sales of several iconic brands that had been owned by the failed Hostess Brands Inc, writes Reuters. Buyout firms Apollo Global Management and Metropoulos & Co teamed up for Hostess’s snack cake brands, paying $410 million for Twinkies, Ho Hos, Ding Dongs and Donnettes.

Dean Metropoulos has teamed up with longtime partner Apollo Global Management to buy some snack cake brands from bankrupt Hostess Brands Inc, writes Reuters. Hostess said on Monday that their $410 million bid was unrivaled, paving the way for the sale of Twinkies, Ding Dongs and Cupcakes once a U.S. bankruptcy court approves.

Apollo Global Management-backed company Constellium, which makes aluminum products for the aerospace and transportation industry, is starting to interview banks for an initial public offering, writes Reuters. The company, based in Paris, is 51 percent owned by Apollo, 39 percent owned by metals and mining giant Rio Tinto and 10 percent owned by the French investment fund FSI.

Hostess Brands, the bankrupt maker of Twinkies snack cakes, received court permission on Monday to proceed with auctions for several of its brands, including Twinkies and Wonder Bread, writes Reuters. Private equity firms Apollo Global Management and C. Dean Metropoulos & Co have set a baseline offer of $410 million to buy the company’s snack cake brands, Hostess said last month.

Apollo Global Management LLC reported a 95 percent rise in quarterly earnings, as strong gains in private equity profits, driven by asset sales, more than compensated for a drop in income in its credit investment business.

Reliance Steel & Aluminum has forged a $766 million deal to buy Metals USA Holdings Corp, writes Reuters. Private equity firm Apollo Global Management owns about 53 percent of Metals USA, which went public in April 2010 at an initial offer price of $21.00. The $20.65 offer from Reliance is almost 2 percent below the IPO price, writes Reuters.

Talos Energy said Wednesday it has closed its buy of Energy Resource Technology GOM, the oil and gas subsidiary of Helix Energy Solutions Group.The deal was valued at $620 million. Talos is backed by Apollo Global Management and Riverstone Holdings.