Headquarters:
Solow Building, New York City, USA(Wikipedia)
Founded:
1990 by Leon Black, Josh Harris, and Marc Rowan(Wikipedia)
CEO:
Marc Rowan(Business Insider)
Employees:
Approximately 5,100 (as of 2024)
Stock Ticker:
APO (NYSE)
Website:
www.apollo.com
💼 Business Overview
Apollo Global Management is a leading global alternative investment firm specializing in private equity, credit, and real assets. The firm manages assets on behalf of pension funds, endowments, sovereign wealth funds, and other institutional and individual investors.(Wikipedia)
📊 Financial Highlights (2024)
-
Assets Under Management (AUM):
$751 billion, marking a 15% increase from the previous year. (Reuters) -
Adjusted Net Income:
$1.36 billion ($2.22 per share), surpassing analysts' expectations.(Reuters) -
Origination Volume:
$61 billion in the fourth quarter.(WSJ) -
Investments Deployed:
$63 billion in the same period.(Reuters) -
Dividend:
$0.46 per share declared in February 2025.(WSJ)
📈 Strategic Initiatives
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Retirement Services Expansion:
Apollo views its retirement business, particularly through its affiliate Athene, as a significant growth opportunity. The firm aims to enhance retirement products that guarantee lifetime income and advocates for regulatory changes to allow 401(k) accounts to invest in alternative assets. (Business Insider) -
Investment in Infrastructure:
In 2024, Apollo invested a record $222 billion, focusing on sectors like energy, digital infrastructure, and next-generation manufacturing. This aligns with the firm's vision of a "global industrial renaissance." (WSJ)
🏢 Recent Acquisitions
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Paramount Pictures:
Apollo made an $11 billion offer for Paramount Pictures, aiming to capitalize on the media company's financial challenges. This bid exceeds Paramount Global’s current market capitalization. (New York Post)
📉 Stock Performance
As of May 16, 2025, Apollo Global Management's stock (APO) is trading at $143.99, reflecting a slight decrease of 0.12% from the previous close.