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  • Matt Ting

Why Apollo Global Management for Private Equity? / Overview of Apollo Global Management


Overview


Apollo Global Management is one of the world's largest asset managers and private equity firms. Apollo invests across several asset classes and geographies, with offices in 26 cities and an AUM of over $500B. Apollo invests across three verticals, which are Yield (akin to Credit), Hybrid, and Equity.


Apollo is well known for its value-oriented approach to private equity investing and its willingness to take on more flexible investment structures. Apollo's Hybrid Value Fund combines elements of both equity and credit investing, giving them the ability to invest across the capital structure.


In 2022, Apollo announced its launch into the secondaries industry with an initial $4B in commitments from various investors.


Apollo Global Management Overview


Remember that in order to craft a great answer to the common question "Why this Firm?", it's your responsibility to read articles and speak with employees. If you are interviewing with Apollo, you should make sure you know:


  • 1 deal that the investment team you are recruiting with has done

  • 1 person at the firm (ideally someone who would have influence over your recruiting process)

  • 1 business model-specific detail to mention


We explain how to answer qualitative questions and research private equity firms in our Private Equity Course. We also teach how to build LBO models and prepare for case study interviews.



Big 3 Qualitative Questions




Selected Transaction


Apollo led an investor group to enter into an acquisition agreement with global air-freight company Atlas Air. The deal is expected to close in Q4 2022 or Q1 2023.

  • Transaction Description: An investor group (“the Consortium”) led by certain funds managed by affiliates of Apollo Global Management, Inc. (NYSE:APO), J.F. Lehman and Company, LLC and Hill City Capital LP entered into a definitive agreement to acquire Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW).

  • Transaction Value: US$3.2B, all cash

  • Transaction Date: Announced August 2022

  • Press Release


Fact Sheet


Apollo Global Management Logo


  • Company Name: Apollo Global Management

  • Description: Apollo Global Management, Inc. is an American global private equity firm that provides investment management services and invests in credit, private equity, and real assets

  • Firm Category: Private Equity / Asset Manager

  • Ticker: NYSE:APO

  • Founded: 1990

  • Employees: 2,150

  • Assets Under Management: $500B+

  • Flagship Fund Size: Fund X ($13B raised in 2022)

  • Chief Executive Officer: Marc Rowan

  • Headquarters: New York City, USA


Resources


Apollo Global Management Glassdoor



Apollo Global Management Salary


Based on the H1B Database, the average base salary for a Credit Analyst at Apollo is $90k. We note that this salary information may be dated and not reflective of their current pay across all verticals.