Apollo Private Equity

Private Equity Firm Apollo Management L.P.

Apollo Management L.P. was founded by Leon Black in 1990, as well as founding Apollo Advisers with a number of other partners. Apollo Management is based in Purchase, New York with offices in Los Angeles and London as well. Currently, Apollo Management has $16 billion in assets under management. According to AOL Finance, "Its most recent fund -- Fund VI, L.P. – has $12 billion in assets. The firm has struck 76 deals and has posted average annual returns of 34%."

Apollo has a record of investing in distressed or underperforming companies and improving the value of the investment for resale to another buyer or for a public offering. We will be adding more information about Apollo from the news and private equity reports.

Resources and articles about Apollo Management

Story #1: Leon Black is Back to Corporate Raiding

Leon Black is back. Black, seen here in an unflattering depiction from the Post, founded Apollo Management LP nearly two decades ago. In recent years, the buyout firm has gone through some hard times. After a string of setbacks in the recession, Black's Apollo Management is becoming a major player in the distressed investing market. Read more...

Story #2: Apollo offers $1.01 billion for Countrywide


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Tags: Apollo Management, Apollo Management LP, Apollo Advisors, Apollo Capital Management, Apollo Private Equity, Apollo private equity firms, Apollo Management Private Equity

Link to This Resource: Apollo Private Equity

http://privateequityblogger.com/2008/06/apollo-private-equity.html