Apollo Global Management Inc
Officers & Directors
The investment management industry is intensely competitive, and we expect it
to remain so. We compete globally and on a regional, industry and niche basis.
We face competition both in the pursuit of outside investors for our funds and
in our funds acquiring investments in attractive portfolio companies and making
other fund investments. We compete for outside investors for our funds based on
a variety of factors, including:
investment performance;
investor perception of investment managers’ drive, focus and alignment of
interest;
quality of service provided to and duration of relationship with investors;
business reputation; and
the level of fees and expenses charged for services.
Competition is also intense for the attraction and retention of qualified employees.
Our ability to continue to compete effectively in our businesses will depend upon
our ability to attract new employees and retain and motivate our existing employees.
News about Apollo Global Management Inc Key Personnel |
Apollo Funds to Sell Stake in Vallourec to ArcelorMittal In a recent announcement, Apollo (NYSE: APO) revealed that its Apollo-managed Funds (Apollo Funds) have reached an agreement to sell 28.4% of Vallourec SA's equity interest to ArcelorMittal. The transaction involves the sale of 65.2 million common equity shares of Vallourec, a renowned manufacturer of premium tubular steel products, for $14.64 per share. Upon completing the deal, the total transaction value is expected to reach approximately $955 million, enabling the Apollo Funds to fully exit their investment in Vallourec. This strategic move by Apollo Funds indicates their decision to divest from Vallourec, potentially reflecting their ass...
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Date: February 9, 2024 Author: Apollo Names Industry Veteran Harry Seekings Co-Head of Infrastructure NEW YORK - Apollo, a leading global alternative investment manager, has announced the appointment of Harry Seekings as the Co-Head of Infrastructure. Seekings, a seasoned industry veteran, will officially assume his new role on March 11, 2024. Collaborating with Olivia Wassenaar, the Head of Sustainability and Infrastructure at Apollo, Seekings is set to drive forward the company's strategic initiatives in the ever-growing infrastructure sector. This move marks Apollo's commitment to further expand its infrastructure capabilities and leverage Seekings' extensive experience in the field....
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