WEB Apollo: A Comprehensive Guide
Introduction
Apollo Global Management Inc. is a leading global alternative investment manager with offices in New York, Los Angeles, London, Frankfurt, and Mumbai. The company manages a wide range of assets, including private equity, credit, and real estate.
Apollo's History
Apollo was founded in 1990 by Leon Black and Marc Rowan. The company's first private equity fund, Apollo Investment Fund I, was launched in 1991 with $15 million in committed capital. Since then, Apollo has grown significantly and now manages over $350 billion in assets.
Apollo's Investment Strategy
Apollo's investment strategy is based on the belief that there are inefficiencies in the market that can be exploited by experienced investors. The company's private equity team focuses on investing in undervalued companies with strong growth potential. Apollo's credit team invests in a variety of credit-related assets, including corporate bonds, distressed debt, and structured products.
Apollo's Performance
Apollo has a strong track record of performance. The company's private equity funds have generated an average annual return of over 20% since inception. Apollo's credit funds have also generated strong returns, with an average annual return of over 10% since inception.
Apollo's Fees
Apollo's fees vary depending on the type of investment. For private equity funds, Apollo typically charges a management fee of 2% of committed capital and a performance fee of 20% of profits. For credit funds, Apollo typically charges a management fee of 1.5% of committed capital and a performance fee of 15% of profits.
Apollo's Reputation
Apollo has a strong reputation in the financial industry. The company has been recognized for its investment performance, its commitment to client service, and its ethical standards. Apollo is a member of the Private Equity Growth Capital Council (PECGC) and the Institutional Limited Partners Association (ILPA).
Conclusion
Apollo is a leading global alternative investment manager with a strong track record of performance. The company's investment strategy is based on the belief that there are inefficiencies in the market that can be exploited by experienced investors. Apollo's private equity and credit funds have generated strong returns for investors over the long term.
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