Is Apollo a good company?
Is Apollo a good company?
One stock that might be an intriguing choice for investors right now is Apollo Global Management, Inc. APO. This is because this security in the Financial – Investment Management space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
Who is Apollo Global Management owned by?
Apollo Global Management, known commonly as Apollo, is a private equity firm owned by partners Leon Black, Joshua Harris, and Marc Rowan. As of March 31, before the Verizon deal, the company had about $461 billion assets under management.
What does the Apollo group do?
Apollo Global Management
| Apollo Global’s headquarters at the Solow Building | |
|---|---|
| Products | Private equity funds, credit funds, real estate funds, alternative investment, leveraged buyouts, growth capital, venture capital |
| Revenue | US$2.931 billion (2019) |
| Operating income | US$1.407 billion (2019) |
| Net income | US$1.536 billion (2019) |
When was Apollo Global Management founded?
1990, New York, New York, United States
Apollo Global Management/Founded
What companies does Apollo Global Management own?
Among the most notable companies currently owned by Apollo are Claire’s, Caesars Entertainment Corporation, Norwegian Cruise Line, Novitex Enterprise Solutions, and CORE Media Group (American Idol).
Who owns Apollo Global Management?
Apollo Global is a joint venture between the Apollo Group and the Carlyle Group. The two partners invested $1 billion in Apollo Global. The Apollo Group invested roughly $801 million and owns 80.1% of the new company. Carlyle invested $199 million and controls the remaining shares.
Who is Apollo Global Management?
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.
What is Apollo equity?
Apollo Global Management total equityUS$2.90 billion (2017)