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
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