
Apollo Global Management has become a dominant force in the private equity market, with a history dating back to 1990. The company was founded by Leon Black, and it has since grown to become one of the largest private equity firms in the world.
Apollo has a diverse portfolio of investments, with a focus on credit, private equity, and real assets. They have invested in a wide range of industries, from energy and natural resources to consumer products and media.
Their success can be attributed to their experienced team and strategic approach to investing. With a team of seasoned professionals, Apollo is able to identify and capitalize on opportunities that others may miss.
Recent Transactions
Apollo Global Management has been making waves in the business world with its recent transactions. The company led an investor group to acquire Atlas Air Worldwide Holdings, Inc. for a whopping US$3.2 billion in cash.
The transaction was announced in August 2022 and is expected to close in Q4 2022 or Q1 2023. This acquisition marks a significant move for Apollo Global Management, showcasing its ability to drive major deals in the industry.
Here are the key details of the acquisition:
- Transaction Description: An investor group led by certain funds managed by affiliates of Apollo Global Management, Inc. entered into a definitive agreement to acquire Atlas Air Worldwide Holdings, Inc.
- Transaction Value: US$3.2 billion, all cash
- Transaction Date: Announced August 2022
Private Equity Market

Apollo Global Management has been a major player in the private equity market since its inception in 1990. The firm has raised ten flagship private equity funds, with the most recent one being Apollo Investment Fund X in 2023, which had a committed capital of $19,877 million.
Apollo's private equity funds have been consistently large, with the smallest one being Apollo Investment Fund I in 1990, which had a committed capital of just $400 million. In contrast, the largest fund was Apollo Investment Fund IX in 2017, which had a committed capital of $24,600 million.
Here's a breakdown of Apollo's flagship private equity funds:
Growing Family Office Appetite
Family offices are increasingly looking to alternatives as a way to diversify their investments. Marc Rowan, CEO of Apollo, expects family offices to invest more than half of their assets in alternatives over the next five years.
This shift is driven by a desire for higher returns and a willingness to take on more risk. Family offices are looking for alternative investments that can provide a hedge against market volatility and generate strong returns.

According to Marc Rowan, family offices are expected to invest heavily in alternatives, with more than half of their assets going into these investments over the next five years. This represents a significant increase in demand for alternative investments.
Private equity firms like Apollo are well-positioned to meet this demand, with their expertise in alternative investments and ability to provide customized solutions for family offices.
Other Investment Managers
The world of private equity is vast and complex, but let's take a closer look at some of the key players. APOLLO GLOBAL MANAGEMENT, INC. has seen a 5-day change of -3.98%.
BlackRock, Inc. is another major player in the industry, with a market capitalization of $151B. Their 5-day change is -1.53%.
UBS GROUP AG is a notable investment manager, with a 5-day change of +0.83%. Their 1-year change is +23.76%.
Brookfield Asset Management Ltd. has a 5-day change of -2.56%, and a market capitalization of $94.65B. Brookfield Corporation has a 5-day change of -1.55%, and a market capitalization of $88.9B.
Here are some key statistics for these investment managers:
The average 5-day change for these investment managers is -1.34%.
Private Equity Deals

Apollo Global Management is a private equity firm that has been active since 1990. It has raised ten flagship private equity funds, with the latest one being Apollo Investment Fund X in 2023, which committed $19,877 million in capital.
The firm has a strong track record of successful investments, with its largest private equity investment being the acquisition of Atlas Air Worldwide Holdings, Inc. in 2022 for $3.2 billion in cash.
Here's a list of Apollo's flagship private equity funds, showing their vintage year and committed capital:
Selected Transaction
In the world of private equity, deals can be complex and multifaceted, but sometimes a simple acquisition can make a big impact.
The Apollo-led investor group's acquisition of Atlas Air Worldwide Holdings is a prime example of this.
The deal is expected to close in Q4 2022 or Q1 2023, giving investors a clear timeline to work towards.
Here are the key details of the deal:
- Transaction Description: An investor group led by Apollo Global Management acquired Atlas Air Worldwide Holdings.
- Transaction Value: US$3.2B, all cash
- Transaction Date: Announced August 2022
Acquire Majority Stake in CMG-TV

Acquiring a majority stake in CMG-TV is a significant move that requires careful consideration of the company's financials. CMG-TV's revenue has been steadily increasing over the years, reaching $100 million in 2020.
The private equity firm, Blackstone, has a proven track record of successful investments in media companies. They acquired a majority stake in iHeartMedia in 2019, which has since seen significant growth.
CMG-TV's assets include a portfolio of popular TV shows, which are expected to continue generating revenue. The company's strong content library is a major draw for potential investors.
Blackstone's experience in media investments will be crucial in navigating the complexities of CMG-TV's business. Their expertise in media mergers and acquisitions will help to maximize the company's value.
CMG-TV's management team will likely be involved in the decision-making process to ensure a smooth transition. Their knowledge of the company's operations will be invaluable in the coming years.
Private Equity to Double in Size

Private equity is a rapidly growing industry, and Apollo Global Management is at the forefront of this growth. Apollo's private equity assets under management (AUM) are expected to double in the next five years, reaching a staggering $270 billion.
This ambitious goal was announced by Apollo's co-heads, David Sambur and Matt Nord, at the company's 2024 Investor Day. To put this in perspective, Apollo's private equity AUM is already substantial, with a current size that's more than double the $100 billion mark.
Apollo has a long history of private equity investing, dating back to 1990 when the company was founded. Since then, Apollo has raised ten flagship private equity funds, each with its own committed capital. Here's a brief look at each of these funds:
Apollo's growth and success have solidified its position as one of the largest private equity firms in the industry.
Goal-Orientated: 7 Private Equity Deals in Sports
Private equity firms are actively involved in the sports sector, with several notable deals taking place. Apollo, Clearlake, and Sixth Street are among the firms buying and selling in this area.

Chris Davison, a partner at one of these firms, will be leaving his position at the end of the year. He serves on the firm's operations committee.
Apollo, Clearlake, and Sixth Street are notable players in the private equity market. They're involved in various deals across different sectors, including sports.
These firms are known for their goal-orientated approach to deal-making. They're focused on achieving specific outcomes and making strategic investments.
Market Analysis
Apollo Global Management is a private equity firm with a significant presence in the market. Founded in 1990 by Leon Black, it has grown to become one of the largest private equity firms in the world.
Apollo Global Management has a diverse portfolio of investments, including real estate, credit, and private equity. They have invested in over 500 companies across various industries.
Their private equity business focuses on investing in companies with strong growth potential, often working closely with management teams to drive value creation. They have a strong track record of success, with many of their investments yielding significant returns.
Apollo Global Management's success can be attributed to their experienced team and robust investment process. They have a global presence with offices in key markets around the world.
Performance and Recommendations

Apollo Global Management has seen some price target adjustments from analysts. Deutsche Bank trimmed its price target to $183 from $184, while Jefferies adjusted its price target to $163 from $167 and kept a Hold rating.
Morgan Stanley also made an adjustment, lowering its price target to $170 from $169, but maintaining an Equalweight rating. Evercore ISI adjusted its price target to $177 from $174, and Barclays adjusted its price target to $196 from $200.
Here are the latest price target adjustments in a table format:
Quotes and Performance
The performance of Apollo over the past few months is quite interesting. It's had a significant drop in value over the current month, with a decrease of -11.95%.
One day, Apollo's value dropped by -3.98%. This is a notable decline, especially considering the short time frame.
In the current year, Apollo's value has decreased by -8.85%. This is a concerning trend for investors.
Over the past six months, however, Apollo's value has actually increased by +37.77%. This is a significant gain, and it's worth noting that this is a longer-term trend.
Here's a summary of Apollo's performance over the past few months:
Analysts' Recommendations

Analysts have been sharing their thoughts on Apollo Global Management, Inc. Deutsche Bank recently trimmed its price target to $183 from $184.
This change was made on February 19, a day that saw several updates from other analysts as well.
Jefferies adjusted its price target to $163 from $167, and maintained a Hold rating. This change was made on February 13.
Morgan Stanley also made a change, adjusting its price target to $170 from $169, while maintaining an Equalweight rating. This update occurred on February 10.
Evercore ISI and Barclays both adjusted their price targets for Apollo Global Management on February 5. Evercore ISI set its new target at $177, down from $174, while Barclays set its new target at $196, down from $200.
Here's a summary of the recent changes:
Private Equity Funds
Apollo Global Management has a long history of raising private equity funds, with a total of ten flagship funds since its inception in 1990. The first fund, Apollo Investment Fund I, was launched with a committed capital of $400 million in 1990.

Here are the details of each of the ten flagship private equity funds raised by Apollo:
Apollo's private equity funds have been consistently raising significant amounts of capital over the years, with the latest fund, Apollo Investment Fund X, having a committed capital of $19.9 billion in 2023.
Frequently Asked Questions
What does Apollo Global Management do?
Apollo Global Management invests and manages funds on behalf of various investors worldwide, with a global presence in multiple countries. It provides investment services to institutional and individual investors, pension funds, and sovereign wealth funds.
What companies are under Apollo Global Management?
Apollo Global Management has invested in notable companies such as ADT Inc., CareerBuilder, and Rackspace Technology, among others. These investments are part of the company's diverse portfolio across various industries.
Sources
- https://www.peakframeworks.com/post/apollo-overview
- https://www.privateequityinternational.com/institution-profiles/apollo-global-management.html
- https://www.marketscreener.com/quote/stock/APOLLO-GLOBAL-MANAGEMENT--131329862/
- https://en.wikipedia.org/wiki/Apollo_Global_Management
- https://www.coxenterprises.com/news/apollo-global-management-to-buy-majority-stake-in
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