Mr. Kelly joined Apollo in 2012 and serves as Chief Financial Officer of Apollo Global Management, Inc. Mr. Kelly also served as Chief Financial Officer of Apollo Asset Management, Inc. from September 2012 through February 2022 and Co-Chief Operating Officer of Apollo Asset Management, Inc. from January 2019 through December 2021. White: I want to ask you, more broadly, about what role government can play here. RT=Real-Time, EOD=End of Day, Investments, and prior to that he was responsible for the firms Global This press release does not constitute an In 1975, the company moved its headquarters from Florence to Charleston, where it remains today. Director and Co-Founder, will continue with respect to Apollos Alex was previously on the advisory board of Trident Technical College. publicly update or review any forward-looking statements, whether as a the industry, and their promotions reflect a natural progression of Mr. Krongard also serves as an independent director and a member of the audit committee of Apollo Global Management, Inc.s board of directors. To learn more, please visit www.apollo.com. 87990cbe856818d5eddac44c7b1cdeb8, Continue reading your article witha WSJ subscription, Already a subscriber? Prior to that time, Mr. Suydam served as Chairman of the law firm OSullivan, LLP which specialized in representing private equity investors. a member of Apollos Management Committee, and Chief Executive Officer An increase in 17 percent to $779 billion in deficit for the last fiscal year. What type of business do you see taking advantage of this Opportunity Zone? Broadband and online services are a prerequisite for success in most of America. The second is the education pillar. Mr. Rowan is a Co-Founder and CEO of Apollo Global Management, Inc. within the meaning of Section 27A of the Securities Act of 1933, as Apollo Global Management, Inc. Apollo is a high-growth, global alternative asset manager. The most recent stock trade was executed by Joshuamjh Partners Ii Llc H on 24 April 2023, trading 63,988 units of APO stock currently worth $4,054,280. If you're happy with cookies click proceed. Scott acknowledged in our interview that, contrary to conservative orthodoxy, he does believe that government can play a role in pushing against the economic tendency for investments to cluster in certain areas while leaving others behind. Form 10-K filed with the Securities and Exchange Commission (the SEC) Ms. Hormozi is also a director of a number of AHLs US subsidiaries. He is a member of the Board of Overseers at the University of Pennsylvania Stuart Weitzman School of Design.s. When he isn't doing business across the globe, he keeps himself busy with an assortment of hobbies. It is not yet operational; the Treasury Department in October released proposed rules to guide investors on how to take advantage of the tax incentives. Foundation.Mr. Zelter has a degree in Economics from Duke University. Apollo Global Management has new leadership for its $77 billion private equity business. But in order for that to happen, were going to have to do that in a bipartisan fashion or it just will not happen. Mr. Kleinman received a BA and BS from the University of Pennsylvania and the Wharton School of Business, respectively, graduating magna cum laude, Phi Beta Kappa. He is a member of the Carolina Yacht Club, the Country Club of Charleston, and the St. Andrews Society. He currently serves on the boards of directors of Apollo Global Management, Inc., Athene Holding Ltd. and Athora Holding Ltd. | Raymond McCrea Jones for POLITICO. It was at that time that the company began to shift its focus toward being a provider of facilities and not simply a means for constructing. Dr. Healey served as an independent director of AAMs board of directors from March 2021 through December 2021. She also served as an Assistant United States Attorney prosecuting high-profile complex racketeering cases in the Eastern District of New York. This press release contains forward-looking statements that are within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Mr. Swann currently serves on the boards of directors of Evoqua Water Technologies and American Homes 4 Rent, and has previously served on the boards of a number of publicly-traded, privately-held and non-profit entities, such as Fluor Corporation, Caesars Entertainment Corp., Hershey Entertainment and Resorts, H.J. He enjoys racing historic cars and wingshooting. White: Its somewhat ironic that Im recording this with you and talking to you from my basement in Englewood, New Jersey, even though I work for POLITICO. There are 17 older and 2 younger executives at Apollo Global Management Inc. Apollo had assets under management of approximately $312 billion as of June 30, 2019 in private equity, credit and real assets funds invested across a core group He received his undergraduate degree from the University of Pennsylvania and an undergraduate degree from The Wharton School of the University of Pennsylvania. Apollo believes these factors include but are not limited to those described under the section entitled Risk Factors in Apollo's annual report on Form 10-K filed with the Securities and Exchange Commission (the SEC) on March 1, 2023, as such factors may be updated from time to time in Apollo's periodic filings with the SEC, which are accessible on the SECs website at www.sec.gov. delay times for all exchanges). We are dispersed right now, you and I. Talking with Secretary Mnuchin and others, they see, on the sidelines, $5 billion to $10 billion initially, looking to be deployed in just a few states. Previously, Mr. Simon was Vice President of Wasserstein Perella & Company from 1988 to 1990, and an Associate at First Boston Corp. from 1985 to 1988. The appointments of Mr. Kleinman and Mr. Zelter to the newly created Mr. Beilinson has served as a director of Athene Holding Ltd. (AHL) since 2013, and is the lead independent director, the chair of AHLs compensation committee and a member of AHLs conflicts committee and legal and regulatory committee. A lot of times, when were talking about economic opportunity and inequality, theres a tension there. Hes now working to bring more investment to disadvantaged communities through Opportunity Zones, a new program enacted as part of the 2017 Republican tax cut package. David Sambur, left, and Matt Nord have overseen several recent Apollo deals. Wolfgang Porsche announces final term on Volkswagen supervisory board, Generali's No.3 investor Caltagirone withholds backing for 2022 accounts -sources, Musk says Tesla likely to launch full self-drive technology 'this year', Exclusive: JPMorgan employees gripe about Dimon's return-to-office edict, SpaceX rocket explosion illustrates Elon Musk's 'successful failure' formula, Cucinelli posts 33% rise in Q1 sales, confirms 2023 revenue growth forecast, Exclusive-Peter Thiel, Republican megadonor, won't fund candidates in 2024 - sources, Virginia Governor Youngkin 'humbled' by talk of possible presidential run, European Midday Briefing: Mood Brighter After -2-, Tim Cook unveils new Apple store in India. Lynn Swann serves as an independent director and a member of the compensation committee of our board of directors. James Zelter, 55, is the Managing Director of Apollo's Credit business, Mr. Krongard served as the Lead Director of Under Armour, Inc. from 2006 to 2020. Using a hands-on approach to management, Alex is involved in all facets of the company, including client consultations and project management. John Suydam joined Apollo in 2006 and serves as our Chief Legal Officer. Mr. Scott M. Kleinman is a Co-President at Apollo Global Management, Inc. /Private Equity/, a Co-President & Director at Apollo Global Management, Inc., an Executive Chairman at Apollo Strategic Growth Capital and an Executive Chairman at Apollo Strategic Growth Capital II. Scott Kleinman is Co-President of Apollo Global Management, Inc., co-leading Apollos day-to-day operations including all of Apollos revenue-generating In addition, he is involved in public policy and is an initial funder and contributor to the development of the Penn Wharton Budget Model, a nonpartisan research initiative which provides analysis of public policys fiscal impact. Mr. Kelly received a degree in Commerce, majoring in Finance and Accounting, from the University of New South Wales in 1989. Since he started with the company, Alex, Jr., has overseen the development of industrial facilities throughout the Carolinas for the textile, paper, furniture, metalworking, woodworking, electronics and other industries. Over the last 12 years, insiders at Apollo Global Management Inc have traded over $788,563,094 worth of Apollo Global Management Inc stock and bought 17,338,191 units worth $468,582,107 Ms. Hormozi has extensive experience in both the public and private sectors of the legal field. In 2014, Mr. Kleinman founded the Kleinman Center for Energy Policy at the University of Pennsylvania. Mr. Swann has served as director of Athene Holding Ltd. since September 2020. At Quattlebaum Development Company, integrity is paramount and is evidenced through the company's repeat customers, who range from first-time business owners to billion-dollar companies, like Caterpillar and Corning, Inc. And frankly, obviously, it leads to lower net worth. Mr. Simon is currently Chairman of the Board, CEO and President of Simon Property Group. Treasury Secretary Steven Mnuchin has suggested that the program could attract $100 billion in investment in distressed areas. He serves on the board of directors of Apollo Global Management Inc., Athene Holding Ltd. and Athora Holding Ltd, and certain other affiliated public vehicles. From June 2006 to May 2008, Mr. Ducey served on the board of directors of and as a member of the governance and compensation committee of the board of directors of UAP Holdings Corporation. Mr. Beilinson oversaw the Chapter 11 reorganization of Innkeepers USA, Fisker Automotive and Newbury Common Associates in his interim management roles as the Chief Restructuring Officer of those companies. WebScott Kleinman Co-President, Apollo Global Management Scott Kleinman (C94, W94), along with his wife Wendy Kleinman, established the Kleinman Center with a generous $10 million gift to the Stuart Weitzman School of Design. He participates in six to eight races a year driving vintage racecars as part of the Sportcar Vintage Racing Association, which he founded. White: So Im a distributed worker and Im. Although management believes that Global Head of Human Capital; Anthony Civale, Lead Partner and Chief ability to manage our growth, fund performance, changes in our Prior to mid-2018, Ms. Richards served on the board of Wyndham Worldwide, a position she held since 2006; is a director of Hamilton Insurance Group, serving on the audit and investment committees, a position she has held since 2013. Apollo Global Management, Inc. 9 West 57th Street New York, NY 10019 December 1, 2021 Personal and Confidential Scott Kleinman [Address on file with the Company] Re: Employment and Compensation Terms Dear Scott: Ms. Hormozi has served as a director of Athene Holding Ltd. (AHL) since December 2018 and is a member of AHLs compensation committee and legal and regulatory committee. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. and M.A. Apollo co-president Scott Kleinman said, We believe ACT Capital is a premier financing solution for companies around the globe who require significant, flexible capital to support their energy transition efforts. I am certainly an advocate of the free market, without any question, Scott told me in an interview. The strategy launches with $4 billion in deployable capital from Apollo affiliates and strategic partners and will enable investment into a diversified global portfolio of yield and hybrid investments.1, Last year, Apollo launched its Sustainable Investing platform, which targets deploying $50 billion in clean energy and climate capital by 2027 and sees the opportunity to deploy more than $100 billion by 2030. When Scott Kleinman joined Apollo Global Management in 1996, the firm founded by Leon Black, Mark Rowan and Josh Harris as a distressed debt specialist Scott M. Kleinman is a Co-President at Apollo Global Management, Inc. /Private Equity/, a Co-President & Director at Apollo Global Management, Inc., an Executive a High Yield Trader at Goldman Sachs & Co. Mr. Zelter is a board member of DUMAC, the investment management company Mr. Kleinman received a BA and BS from the University of Pennsylvania and the Wharton School of Business, respectively, graduating magna cum laude, Phi Beta Kappa. Scott: We could spend a long time talking about education because I think it really is the forerunner to opportunity. | Raymond McCrea Jones for POLITICO. Mr. Kleinman lives in Westchester County, New York with his wife Wendy and their three children. Senior partners Matt Nord and David Sambur have been promoted to co Apollo Global Management has new leadership for its $77 billion private equity business. An active philanthropist and civically engaged, Mr. Rowan is a founding member and Chair of Youth Renewal Fund and Vice Chair of Darca, Israels top educational network operating 45 schools with over 25,000 students throughout its most diverse and under-served communities. I think a realistic estimation, in the first few years, would be about $100 billion.. As Co-President, he co-leads AAMs day-to-day operations including all of its revenue-generating businesses and enterprise solutions across its integrated alternative investment platform.
How Far Away Can Humans Smell Rain, Articles S