Operations
Apollo is operated by its managing partners, Leon Black, Joshua Harris and Marc Rowan and a team of more than 250 investment professionals, as of March 31, 2013. The firm's headquarters are located in the Solow Building at 9 West 57th Street in New York City, and the firm operates additional offices in Purchase, New York, Los Angeles, Houston, London, Frankfurt, Luxembourg, Singapore, Hong Kong and Mumbai
Apollo’s executive committee includes: Leon Black, chairman and chief executive officer; Josh Harris, senior managing director; Marc Rowan, senior managing director; and Marc Spilker who was hired as President in November 2010.
Apollo operates three business lines in an integrated manner:
- Private equity—The private equity business is the cornerstone of Apollo's investment activities. Apollo invests through a variety of private equity strategies, most notably leveraged buyouts and distressed buyouts and debt investments. This business operates primarily through the firm's family of private equity investment funds (See: Investment funds)
- Credit—Apollo invests through a variety of credit strategies to complement its core private equity business. Apollo invests through a variety of investment vehicles including mezzanine funds, hedge funds, European non-performing loan funds and senior credit opportunity funds.
- Real Estate - Apollo Global real estate (AGRE) was established in 2008 to build upon Apollo's history of investing in real estate-related sectors such as hotels and lodging, leisure and logistics. AGRE manages a number of debt and equity-oriented real estate investment funds.
Read more about this topic: Apollo Management
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