Apollo Global Management

Apollo Global Management manages approximately $651 billion in assets, with a unique emphasis on credit strategies that distinguishes it from pure-play PE competitors. Founded in 1990 by Marc Rowan, Leon Black, and Josh Harris, Apollo manages the retirement assets of Athene Holding, an annuity insurer with $300B+ in liabilities it acquired in 2022. This insurance float gives Apollo a perpetual, low-cost capital base unavailable to traditional PE funds with 10-year fund lives.