Apollo Global Management, headquartered in New York City, offers asset management services across three segments: Asset Management, Retirement Services, and Principal Investing, employing 4,879 full-time staff since its IPO in 2011. Athene Holding, part of Apollo, specializes in retirement savings products, including annuities, while the Principal Investing segment focuses on investment income and performance fees.
APO has been in the news recently: Apollo Global Management submitted a new takeover bid for Papa John’s International Inc, leading to a rise in the company's shares during extended trading. Meanwhile, other companies like Bank of America reported strong earnings, while F5, Progressive, and Jefferies faced declines due to various issues.
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