Claim this profile to manage this business, include and update info and more.
About Apollo Global Management
As one of the world’s largest alternative investment managers, Apollo manages capital for hundreds of fund investors in dozens of countries, including some of the most sophisticated institutional allocators of capital.
Pension funds, sovereign wealth funds, university endowments, charitable foundations, financial institutions, and family offices alike rely on Apollo to deliver differentiated long-term investment performance.
Fostering deep, long-lasting relationships with investors is paramount, and we believe our commitment to meet their needs is one important reason many of them are invested in multiple Apollo funds.
We believe that strong investor relationships have helped to create lasting value for investors.
Since our founding in 1990, Apollo’s consistent, rigorous, value-oriented approach across private equity, credit, and real assets has helped make us one of the largest alternative investment managers serving many of the world’s most prominent institutional investors.
Our Purpose and Values
Apollo invests in opportunities, communities, and our people to achieve exceptional outcomes for our investors and a positive social impact.
We embrace complexity and fuel innovation to find potential where others do not.
We achieve our purpose by living our values every day:
Outperform Expectations: We pursue excellence through the tenacity, passion and integrity of our people.
Challenge Convention: We create value and find uncommon investment opportunities through continual learning, contrarian thinking, and rigorous debate.
Champion Diversity and Inclusion: We seek diverse perspectives, foster belonging for all of our employees, and commit to making progress every day.
Lead Responsibly: We hold ourselves to the highest standards as financial and social stewards; we strive to make a positive impact at every opportunity.
Drive Collaboration: We work together as a One Apollo team – without silos – across our integrated platform, and we endeavour to develop the leadership capabilities of all our people.
Apollo’s AUM has Grown 7.5x in 10 years
Growth in Apollo’s total assets under management (AUM) over the past 10 years has been driven largely by yield-oriented permanent capital vehicles, and by Apollo’s continued success in opportunistic investing.
Apollo takes the same rigorous, value-driven approach to credit investing as it does with private equity and real assets.
Apollo seeks uncommon opportunities through diverse strategies designed to generate a range of returns, enabling investment offerings to meet each investor’s return requirements while balancing their risk appetite and need for liquidity.
Apollo’s history of credit investing goes back to our very beginnings in 1990, when we purchased and managed a $6 billion portfolio of high yield bonds and loans.
When the credit markets began to seize up in 2007, we substantially expanded our commitment to our credit platform, to capture the emerging structural opportunity in value-driven credit investments.
That commitment continues to deepen across a wide range of credit investment expertise, as we seek to have the broadest vantage point on the alternative credit markets across asset classes and geographies, which enables us to deliver superior risk adjusted returns to investors.
With worldwide deleveraging of banks and increased regulation following the 2008 financial crisis, funds managed by Apollo have a wide and growing range of opportunities to deploy investor capital with less competition and greater selectivity.
While banks have been retrenching, we believe that Apollo’s skills and integrated global platform leave it well-positioned to meet investors’ wide range of risk and return preferences.
Our Integrated Approach
Apollo’s disciplined, creative credit investment philosophy is powered by our integrated approach to sharing investment ideas and insights.
We operate as one integrated global investment platform.
Each area draws on, and contributes to, the firm’s deep industry sector expertise, yielding investment opportunities and unique intellectual capital.
We believe this enables us to confront and conquer complexity, and to create innovative solutions for the benefit of investors.
A Range of Credit Activities
Our credit activities span a wide range of the credit spectrum and can be accessed through a variety of avenues for both institutional and retail clients.
Our investment activities can be broadly categorized in three areas:
Alternative credit asset classes including senior secured loans, bonds, mezzanine loans, stressed and distressed opportunities.
We approach these asset classes through an industry organization of our investment professionals that mirrors our industry expertise in private equity which serves to maximize the competitive advantage of our integrated platform.
These strategies target issuers primarily domiciled in the U.S. and in Europe, but also include Asia and the emerging markets.
Off-the-run asset classes including life settlements, insurance linked securities, non-performing loans, and asset backed securities and a variety of structured credit backed by corporate loans, residential mortgages and commercial real estate.
Origination platforms generating differentiated yield assets including middle market loans, aircraft finance, energy finance, residential mortgages, equipment finance and triple net lease real estate assets.
Investors can access our broad range of credit activities through a variety of vehicles that are broadly categorized in the following three ways:
Liquid/Performing
Our liquid/performing credit vehicles generally include funds and accounts in which the underlying assets are liquid in nature and/or have some form of periodic redemption right.
Liquid/performing includes a variety of hedge funds and separately managed accounts that utilize a range of investment strategies typically focused on income-oriented, protective lending terms, predictable payment schedules, well diversified portfolios, and low default rates.
Drawdown
Our drawdown vehicles generally include commitment-based funds and certain separately managed accounts in which investors make a commitment to provide capital at the formation of such funds, deliver capital when called as investment opportunities become available and typically lock up their capital for up to 10 years.
Drawdown vehicles are typically invested in more illiquid asset classes generally seeking to generate returns in excess of 10% annualized.
Permanent Capital Vehicles
Our permanent capital vehicles include pools of assets that are not subject to redemption and are generally associated with long-term asset management or advisory contracts.
These permanent capital vehicles use a range of investment strategies, which are typically in senior secured assets with a focus on income-orientation and preservation of capital.
We have a significant investment capability in insurance asset management which is utilized to invest on behalf of Athene and Athora as well as third party insurance companies in the U.S. and Europe.
Private equity has been a cornerstone of Apollo’s business since its founding in 1990.
Imbued with a diverse set of skills developed across market cycles, Apollo pursues many paths to value, including through opportunistic buyouts and build-ups, corporate carve-outs, and distressed investments, and often goes “against the grain” of what other investors are doing, to target investments on behalf of managed funds at deep discounts to market averages.
Apollo relies on its industry specialization, willingness to embrace complexity, ability to adapt quickly to capitalize on market dislocations, and creative structuring expertise to capture value “on the buy.”
It also aims to create value by working with its funds’ portfolio companies on operational improvements, with flexible capital structures providing downside protection.
Apollo’s private equity business benefits from its integration with the firm’s credit business, which is one of the largest alternative credit managers in the industry.
The private equity funds we manage have owned more than 150 companies since Apollo’s inception, across sectors that include financial services; business services; consumer services; chemicals; natural resources; consumer and retail; leisure; manufacturing and industrial; andmedia, telecom and technology.
Through steadfast purchase price discipline and active portfolio management, collaborating with management teams and a deep bench of operating executives, the private equity funds we manage have generated strong returns across market cycles, while focusing on downside protection.
Our Real Assets team provides deep knowledge and extensive industry relationships.
We have offices in North America, Europe and Asia, and actively pursue investment opportunities in each region.
Apollo tackles complexity to create value by thoughtfully identifying pockets of opportunity and relying on a flexible mandate to structure the best risk reward and rigorous asset management to maximize value.
Apollo Real Asset investment strategies include:
Real Estate Private Equity
Apollo’s real estate private equity business has a proven investment track record. It orients around thesis-driven strategies guided by the identification and analysis of disruptive forces, demographic trends, and market dislocations or pockets of distress.
This enables us to invest across market cycles and sub-markets, and into both traditional and niche asset classes.
Across the real estate private equity business, we employ an opportunistic, value-driven style and a flexible approach to acquire real estate assets, portfolios, and companies and provide servicing or structured credit solutions, through regionally-focused funds.
Apollo looks for value in complex investments that most investors lack the inclination, resources, or ability to distill.
We emphasize capital preservation and defensive positioning to build scalable platforms in partnership with strong, seasoned management teams.
The real estate funds and accounts managed by Apollo invest in a broad spectrum of property types and throughout the capital structure.
Reference: https://www.apollo.com