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, along with private equity and shadow lenders, faces criticism for potentially contributing to a financial crisis reminiscent of 2007. Concerns about elevated asset prices and economic stability have been echoed by industry leaders like JPMorgan Chase CEO Jamie Dimon.
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