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: Air Lease Corp. shares increased following its acquisition by a Dublin-based holding company supported by Apollo Global Management and other investors. Apollo's CEO, Marc Rowan, emphasized the importance of private markets for investors, noting a significant growth in the firm's assets from $40 billion to $840 billion since 2008.
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