Apollo Management

Apollo Management | Private Equity Firm

Apollo management was founded by Leon Black in 1990 and since then has grown enormously to be ranked twelth in the Private Equity International list of the largest private equity firms. Headquartered in Purchase, New York, but also has offices in London and Los Angeles. Apollo Management has raised just under $14 billion in capital as of 2007.

Apollo Management favors investing in underperforming--and sometimes distressed--companies. Apollo is known for having the operational and management resources for successfully restructuring and fixing portfolio companies. However, Apollo Management does invest in well-performing companies as well, like when Apollo teamed up with Texas Pacific Group (combining as Hamlet Holdings) to buy Harrah's Entertainment.


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