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: Investors are considering Apollo Global Management and Blackstone as potential opportunities for rebounds in alternative assets, as both companies are currently over 30% below their 52-week highs. Additionally, VanEck is offering investors access to alternative assets valued at nearly $20 trillion, while Kojamo has announced the sale of 44 residential properties in Finland for EUR 242 million.
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