Apollo Global Management Stock Price Today (APO)
2023.03.07 10:38
Apollo Global Management, Inc. is a global private equity firm based in the United States. It manages investments and invests in real assets, private equity, and credit. The company managed $548 billion in assets as of December 31, 2022.
Of these, $46.2 billion were invested in real assets, which include real estate and infrastructure, $99 billion were invested in private equity, and $392 billion were invested in credit, which included mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations.
The business invests funds on behalf of pension funds, sovereign wealth funds, financial endowments, and other institutional and private investors. Apollo has managed private equity funds since 1990, earning investors an internal rate of return (IRR) of 24%, excluding fees.
Apollo was established in 1990 by Leon Dark, Josh Harris, and Marc Rowan. Apollo has offices in North America, Europe, and Asia in addition to its New York City headquarters in the Solow Building at 9 West 57th Street. ADT Inc., Barnes & Noble, CareerBuilder, Cox Media Group, Intrado, Legendary Entertainment, Rackspace, Redbox, Shutterfly, Sirius Satellite Radio, Qdoba, Smart & Final, University of Phoenix.
Yahoo Inc. are among the most notable companies in which the company’s funds have invested. In addition to its private funds, Apollo also manages Apollo Investment Corporation (AIC), a US-domiciled publicly traded private equity, closed-end fund, AIC gives mezzanine obligation, senior got credits, and value speculations to center market organizations, including public organizations, despite the fact that it generally has not put resources into organizations constrained by Apollo’s private-value reserves.
