Apollo Global Management
Apollo Global Management, Inc. is an American private equity firm. It provides investment management and invests in credit, private equity, and real assets. As of 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of pension funds, financial endowments, and sovereign wealth funds, as well as other institutional and individual investors.
Apollo's headquarters at the Solow Building in New York City | |
| Company type | Public |
|---|---|
| |
| ISIN | US0376123065 US03768E1055 |
| Industry | Asset management |
| Founded | 1990 |
| Founders | |
| Headquarters | Solow Building, , |
Key people | Marc Rowan (CEO) |
| Products | Private equity funds, credit funds, real estate funds, alternative investment, leveraged buyouts, growth capital, venture capital |
| Revenue | US$10.9 billion (2022) |
| US$−5.8 billion (2022) | |
| US$−3.2 billion (2022) | |
| AUM | US$548 billion (2022) |
| Total assets | US$259 billion (2022) |
| Total equity | US$397 million (2022) |
Number of employees | 2,540 (2022) |
| Website | apollo |
| Footnotes / references | |
Apollo was founded in 1990 by Leon Black, Josh Harris, and Marc Rowan, former investment bankers at the defunct Drexel Burnham Lambert. The company is headquartered in the Solow Building in New York City, with offices across North America, Europe, and Asia. Among the most notable companies in which funds managed by the company have invested are ADT Inc., Barnes & Noble, CareerBuilder, Cox Media Group, Intrado, Legendary Entertainment, Rackspace Technology, Redbox, Shutterfly, Sirius Satellite Radio, Qdoba, Smart & Final, University of Phoenix, and Yahoo Inc.
In addition to its private funds, Apollo operates Apollo Investment Corporation (AIC), a US-domiciled publicly traded, private-equity, closed-end fund and Business Development Company. AIC provides mezzanine debt, senior secured loans, and equity investments to middle-market companies, including public companies, although it historically has not invested in companies controlled by Apollo's private-equity funds.