Apollo Global Management: the business is firing on all cylinders
Apollo is one of the world’s largest alternative investment managers serving some of the most sophisticated institutional investors. The company’s growth has been driven by continued success in value-oriented investing across credit, private equity and real assets.
With more than $323 billion under management, Apollo has one of the largest alternative credit platforms globally. Credit is also Apollo’s largest business segment. With worldwide deleveraging of banks and increased regulation following the 2008 financial crisis, funds managed by Apollo have a wide and growing range of opportunities to deploy investor capital with less competition and greater selectivity. Finally, Apollo can help drive value by engaging with companies to encourage them to improve their ESG performance through its managed funds.
Additionally, Apollo’s private equity business has more than 150 portfolio companies and $89 billion in assets under management. The company pursues many paths to value, including through buyouts and build-ups, corporate carve-outs and distressed investments to target investments at deep discounts to market averages. The private equity business benefits from its integration with the firm’s credit business.
Apollo’s real assets business has more than $48 billion in assets under management. The company’s investment strategies include a dedicated regional real estate private equity business across three continents, and a full-scale commercial real estate dept platform. The real estate private equity business orients around strategies guided by identification and analysis of disruptive trends and market distress. As a result, Apollo invests across real estate market cycles and into both traditional and niche asset classes. Shares of the company are up more than 257% since June 2016.