- Business
- Apollo Global Management, Inc. (NYSE: APO) operates as a leading global alternative asset manager and retirement services provider, managing approximately $751 billion in assets under management through its integrated platform spanning asset management, retirement solutions, and principal investing. The company offers a diverse array of products and services, including private equity funds focused on control-oriented investments in underperforming or distressed companies; credit strategies encompassing leveraged loans, high-yield bonds, distressed debt, and direct lending; real estate funds targeting commercial equity and debt with opportunistic and value-add approaches; and retirement solutions via Athene Holding Ltd., which provides fixed annuities, immediate annuities, and other savings products for individual and institutional clients. Apollo also delivers financial services solutions such as block and flow reinsurance, strategic capital partnerships, origination syndication, and hybrid financing to insurers, pensions, banks, and investors across public and private markets, with operations in North America, Europe, Asia, and Australia. Founded in 1990 by Leon Black, Josh Harris, and Marc Rowan and headquartered in New York City, the firm serves institutional investors, high-net-worth individuals, pension funds, endowments, and sovereign wealth funds. Recent developments include the January 2025 $500 million hybrid capital investment in Aldar Properties PJSC, bringing total commitment to $1.9 billion; the November 2024 extension of its multi-billion-dollar partnership with Mubadala Investment Company for global origination; a June 2025 commitment to invest up to $100 billion in Germany over the next decade targeting defense and infrastructure; a proposed $1.5 billion all-stock acquisition of Bridge Investment Group to expand real estate origination; Redding Ridge Asset Management's acquisition of Irradiant Partners adding $10.7 billion in CLO assets under management; a founding partnership with InvestCloud for the Private Markets Account Network to enhance wealth management technology; and a January 2025 long-term strategic alliance with Standard Chartered PLC for infrastructure and renewable energy financing.