What does Apollo Global Management do?

Apollo Global Management, Inc. is a prominent global alternative asset manager based in New York City. Founded in 1990 by former executives of Drexel Burnham Lambert, the firm manages over $188 billion in assets and employs more than 2,900 people across North America, Europe, and Asia. Apollo focuses on generating risk-adjusted returns through innovative capital solutions for both institutions and individuals. The company offers a range of services in alternative asset management, including private equity, credit, real estate, and retirement solutions. Its private equity division engages in leveraged buyouts and distressed investments, while its credit services include middle-market direct lending and high-yield portfolios. Apollo also invests in commercial real estate and provides insurance and retirement solutions through its subsidiary, Athene. The firm serves a diverse clientele, including institutional investors and high-net-worth individuals, and supports over 190 portfolio companies across various sectors.