Apollo History

In January 2022, Apollo successfully completed its merger with Athene, bringing the two strategic partners together in full alignment under one publicly traded company under the Apollo name.

In May 2022, Apollo announced the acquisition of Griffin Capital’s US asset management business, which added significant scale, new capabilities and additional investment products to Apollo’s Global Wealth business.

Apollo committed more than $100 Million over the next decade to invest in initiatives focused on educational access, workforce development, and economic empowerment.

Apollo launched a comprehensive Sustainable Investing Platform focused on financing and investing in the energy transition and decarbonization of industry, with a target to deploy $50 billion in clean energy and climate investments over the next five years.

Apollo announces industry leading governance changes to expand and empower the Board of Directors, move to one share/one vote structure and appoints former SEC Chair Jay Clayton as Non-Executive Chair of the Board of Directors. The efforts pave the way for a simpler structure and eligibility for inclusion in a broader set of market indices.

The transformational merger will combine two growth companies. The stronger capital base and complete alignment will allow the combined company to rapidly scale asset and liability origination, broaden distribution channels and act as a leading global solutions provider.

In March 2021, Co-Founder Marc Rowan formally assumes the role of CEO of Apollo, as part of a planned succession process first announced in January 2021.

In June 2021 Apollo and partner firms announce the launch of AltFinance, a $90 million high-touch, comprehensive program to introduce talented students of Historically Black Colleges and Universities (HBCUs) to the alternative industry – providing training, support, and mentorship.

Apollo partners with Motive Partners and Figure to capitalize on transformation in financial services, enhance distribution channels, increase origination opportunities, and build efficiency across platforms.

Apollo launches its impact investing platform, building on the Firm’s history of investing across industries aligned with the United Nations’ Sustainable Development Goals.

Apollo employees and several portfolio companies give more than $50 million to support frontline healthcare workers, provide employment assistance, and help schools develop virtual learning.

Apollo modernizes and expands its New York headquarters to foster wellness, integration, and collaboration.

Apollo launches a more formal employee Citizenship program, with matching grants for donations and rewards for volunteering.

Apollo expands its insurance asset management business with the announcement that Athene has entered into a fixed annuity block reinsurance transaction with Jackson National Life Insurance Company.

Apollo and Athene announce transaction to strengthen their strategic relationship.

Apollo converts from a publicly traded partnership to a corporation, enabling a broader set of shareholders to participate in the firm’s long-term growth and profitability.

Apollo’s 10^th annual ESG report caps a decade of developing the industry’s most rigorous and detailed reporting on environmental, social, and governance issues to help our funds' portfolio companies drive change.

Apollo and Athene agree to purchase PK AirFinance, a leading aviation lending business with borrowers in more than 40 countries, from GE Capital.

Announcing plans to acquire VIVAT N.V.—the fourth largest insurer and second largest life insurer in the Netherlands—Athora furthers its European growth.

Apollo continues to grow its global presence, expanding our offices in London, Tokyo, and three offices in India. Our global fund investor base reaches 65 countries.

Funds managed by Apollo acquire a portfolio of nearly $1bn in energy investments from GE Capital’s Energy Financial Services unit.

Athora is established when AGER Bermuda Holdings Ltd. is deconsolidated from Athene.

AUM Surpasses $250b

With a refresh of its logo and brand identity, and a new website and social media presence, Apollo achieves new visibility as a leading investment management franchise.

Apollo offices eliminate 90% of their use of disposable plastic.

Investors commit $24.7 billion for Apollo Investment Fund IX, the largest dedicated private equity fund raised to date–we believe a vote of confidence earned by Apollo for its investment performance, disciplined and value-oriented investment approach, and ongoing commitment to investors.

Apollo’s Accord strategy focuses on acting as a liquidity provider during times of broad-based market stress by purchasing high-quality, secured cross-asset credit risk.

Apollo acquires Venator Real Estate Capital Partners and establishes a meaningful presence in Asia.

Athora is founded, to create a long-term European insurance and reinsurance business for retail and insurance clients.

Apollo’s actively multi-sector credit Total Return Strategy invests in a wide range of sub-segments of fixed income, from more traditional bond instruments to semi-liquid securities.

Apollo sets up partnerships with Change for Kids, serving 4,000 New York City elementary students; and with The TEAK Fellowship, helping exceptional students succeed at top schools. Both align with Apollo’s philanthropic mandate to make an impact on the communities in which we work, live, and invest.

Apollo’s credit business surpasses a milestone for total assets under management. Credit funds managed by Apollo are a key component of our integrated global platform and apply the same disciplined investment philosophy that we employ across all our businesses.

Apollo acquires MidCap Financial, a leading commercial finance company focused on the middle market in the United States further growing and diversifying Apollo’s origination capabilities and platforms.

Merx Aviation, a global aircraft leasing, management and finance company, was founded extending Apollo’s origination capabilities into global aircraft leasing, management and finance.

Apollo Global Management, LLC makes its initial public offering on the New York Stock Exchange, ticker symbol APO, further solidifying Apollo’s position as a leading global alternative investment manager.

Apollo Credit Strategies capitalizes on both long and short catalyst-driven opportunities across market cycles.

Athene is founded during the financial crisis, creating opportunity from dislocation in the life insurance industry.

Apollo issues its first annual ESG report and establishes a world-class ESG program incorporating more than 150 individual EGG metrics to capture both quantitative and qualitative insights.

EPF draws on Apollo perspectives across credit, real assets, and private equity. The business is positioned to capture European deleveraging opportunities across non-performing loans, opportunistic and distressed real estate assets, and a variety of asset types that no longer work on regulated balance sheets.

Apollo opens its first two international offices—Singapore in 2005 and London in 2006. Seven other offices across Europe and Asia open over the next decade.

Despite the aftermath of the internet bubble and the onset of recession, Apollo Investment Fund V raises $3.7 billion of investor commitments; the fund’s investments range from AMC Entertainment and Berry Plastics to Intelsat.

Investment in US-based Samsonite Group establishes Apollo’s reputation for acquiring, rebuilding, and growing domestic businesses. It’s the first of many successes–such as Converse, Vail Resorts, and Hostess Brands–that will follow over the next two decades. The firm also raises its third private equity fund.

Apollo continues to diversify, closing on its first real estate opportunity fund.

One of Apollo's earliest and most successful deals involved the acquisition of Executive Life Insurance Company's bond portfolio establishing what will become the leading credit platform among alternative asset managers.

Established in 1990 as an entrepreneurial firm built for the shifting financial landscape, Apollo is quickly recognized for its innovative and disciplined investment approach.