Apollo Global Management, LLC is an American private equity firm, founded in 1990 by former Drexel Burnham Lambert banker Leon Black. The firm specializes in leveraged buyout transactions and purchases of distressed securities involving corporate restructuring, special situations and industry consolidations. Apollo is headquartered in New York City, and also has offices in Purchase, New York, Los Angeles, Houston, London, Frankfurt, Luxemburg, Singapore, Hong Kong and Mumbai. The firm has invested over $16 billion in companies.
As of September 2011, Apollo managed over US$65 billion of investor commitments across its private equity, capital markets and real estate funds and other investment vehicles making it one of the largest alternative investment management firms globally. Among the most notable companies currently owned by Apollo are AMC Entertainment, Claire's, Caesars Entertainment Corporation, Norwegian Cruise Line, and Realogy (Coldwell Banker and Century 21 Real Estate), CKE (Hardee's and Carl's Jr. Restaurants. Ltd) and Core Media Group, Inc. (American Idol, Elvis Presley Enterprises, Muhammad Ali Enterprises)
Read more about Apollo Global Management: History, Operations, Portfolio Investments, Affiliated Businesses
Famous quotes containing the words apollo, global and/or management:
“blue bead on the wick,
there’s that in me that
burns and chills, blackening
my heart with its soot,
I think sometimes not Apollo heard me
but a different god.”
—Denise Levertov (b. 1923)
“Much of what Mr. Wallace calls his global thinking is, no matter how you slice it, still “globaloney.” Mr. Wallace’s warp of sense and his woof of nonsense is very tricky cloth out of which to cut the pattern of a post-war world.”
—Clare Boothe Luce (1903–1987)
“The Management Area of Cherokee
National Forest, interested in fish,
Has mapped Tellico and Bald Rivers
And North River, with the tributaries
Brookshire Branch and Sugar Cove Creed:
A fishy map for facile fishery....”
—Allen Tate (1899–1979)