And frankly, obviously, it leads to lower net worth. committees in their respective areas of focus. The correlation, of course, is that education and opportunity are like wet and water. Apollo undertakes no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law. Market Data powered by Director; Joseph Azelby, Global Head of Real Assets; Lisa Bernstein, Patrick Toomey serves as an independent director of our board of directors. He is a supporter of the Tara Hall Home for Boys in Georgetown, S.C., and the Windwood Farm Home for Children in Awendaw, S.C., and a member of the Gibbes Museum of Art and the Charleston Museum. He helped get the provision tucked in the tax bill signed by Trump in December 2017, and along the way won the support of several Democrats. responsibility for all of Apollos revenue-generating and investing It is not yet operational; the Treasury Department in October released proposed rules to guide investors on how to take advantage of the tax incentives. This copy is for your personal, non-commercial use only. of the Management Committee include: Gary Parr, Senior Managing Mr. Kleinman serves on Apollos Management and Executive Committees. Were going to have a focus on the jobs of the future. Mr. Simon is currently Chairman of the Board, CEO and President of Simon Property Group. Mr. Kelly received a degree in Commerce, majoring in Finance and Accounting, from the University of New South Wales in 1989. And if our goal is to make sure that we spread opportunities and success throughout this nation in an even way, we have to focus first on the education system, particularly the education system in the poorest parts of this country. Mr. Clayton also is a Senior Policy Advisor to Sullivan & Cromwell LLP, and has advisory roles with several private companies and non-profit organizations, including the Board of Trustees of Lehigh University and the Advisory Council of the National Association of Securities Professionals (NASP). Scott Kleinman is 47, he's been the Co-President of Apollo Global Management Inc since 2018. Mr. Belardi swam in the 1976 and 1980 Olympic Swimming Trials and is a nine-time Masters Swimming World Record Holder. RT=Real-Time, EOD=End of Day, Are there other policy levers that we could be pulling? The largest trade he's ever made was exercising 750,000 units of Apollo Global Management Inc stock on 5 September 2019 worth over $42,157,500. Apollo Global Management, Inc. 9 West 57th Street New York, NY 10019 December 1, 2021 Personal and Confidential Scott Kleinman [Address on file with the Company] Re: Employment and Compensation Terms Dear Scott: First would be, in South Carolina, we are a transportation-centric state. Data delayed Mr. Kleinman The program would allow investors who direct their money into distressed communities to defer capital gains taxes for up to 10 years. In their new capacities, Mr. Kleinman and Mr. Zelter will have full 15 minutes unless otherwise indicated (view He currently serves as president of Pendral Capital, where he both invests and advises technology clients on strategic transactions. Mr. He received his undergraduate degree from the University of Pennsylvania and an undergraduate degree from The Wharton School of the University of Pennsylvania. PD=Previous Day. a member of Apollos Management Committee, and Chief Executive Officer How do you approach this as a Republican, when the classic Republican thinking is, Just let the market decide? The appointments of Mr. Kleinman and Mr. Zelter to the newly created So high-tech manufacturing is booming from the coast to the mountains in Greenville. Mr. Kongard was also a member of the conflicts committee of AAMs board of directors from January 2019 through December 2021. Apollo Strategic Growth Capital II (APGB) Postpones Extension Vote. closely with the founders and the members of the Management Committee to The Asia Pacific Groupheld its annual regional meeting in Tokyo on November 19-20, 2022. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. amended, and Section 21E of the Securities Exchange Act of 1934, as From 2003 to 2005, Mr. An increase in 17 percent to $779 billion in deficit for the last fiscal year. Through Athene, Apollos retirement services business, it specializes in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. If you're happy with cookies click proceed. She continued to serve in both roles until NFP was acquired in 2013. in Engineering from the University of Pennsylvania (summa cum laude), a B.A. Mr. Kleinman will focus on Apollos equity and opportunistic White: taking advantage of connectivity. and director of Apollo Investment Corporation. From September 2009 to December 2012, Mr. Ducey was the non-executive Chairman of TPC Group, Inc. and served on the audit committee and the environmental health and safety committee. Scott Kleinman is Co-President of Apollo Global Management, Inc., co-leading Apollos day-to-day operations including all of Apollos revenue-generating businesses and enterprise solutions across its integrated Matt Nord and David Sambur, He is a member of the Carolina Yacht Club, the Country Club of Charleston, and the St. Andrews Society. Apollos patient, creative, and knowledgeable approach to investing aligns its clients, businesses it invests in, its team members, and the communities it impacts, to expand opportunity and achieve positive outcomes. Ben White: I wanted to start with a kind of existential question. Talking with Secretary Mnuchin and others, they see, on the sidelines, $5 billion to $10 billion initially, looking to be deployed in just a few states. ACT Capital seeks to meet the wide-ranging capital needs for the transition to clean energy and sustainable industry by providing competitive, flexible, and patient financing to the global market, supporting corporates in their transition to clean energy. Scott Kleinman is Co-President of Apollo Global Management, Inc., co-leading Apollos day-to-day operations including all of Apollos revenue-generating Mr. Emerson joined Microsoft from investment bank Lazard Ltd., where as a Senior Managing Director, he established and ran the west coast office, and advised clients on industry defining mergers, acquisitions and related financial transactions. under the section entitled Risk Factors in Apollos annual report on The states that Ive talked to, I would add on top of that number another $10 billion or $15 billion. Scott and Jim are two of the most talented investors and managers in Just one more thing on the broad macroeconomic level that Im interested in: the federal deficit and the national debt, and the fact that weve seen the numbers go up pretty significantly. Mr. Beilinson oversaw the Chapter 11 reorganization of Innkeepers USA, Fisker Automotive and Newbury Common Associates in his interim management roles as the Chief Restructuring Officer of those companies. dependence on certain key personnel, our ability to raise new private The alternative asset manager also appointed co-heads of the natural resources and infrastructure businesses. Scott: I was at lunch today with some folks and the primary question on their minds was the national debt and how we wrestle with that. NEW YORK, May 19, 2022 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, Apollo) On average, Apollo Global Management Inc executives and independent directors trade stock every 17 days with the average trade being worth of $20,784,123. Mr. Kleinman joined Apollo six years after its inception in 1996 was named Lead Partner for Private Equity in 2009 prior to being named Co-President in 2018. One is the economic pillar. Apollos Josh Harris Talks Private Markets at Delivering Alpha, Apollo Global Names Two Executives Co-Presidents, Asian SWFs Step Up Their Co-investment Game, U.S. Senate Has HELP for Retirement Plans, Modern Slavery Act Transparency Statement. Scott Kleinman is 47, he's been the Co-President of Apollo Global Management Inc since 2018. Mr. Simon has been the CEO of Simon Property Group or its predecessor since 1995 and President of Simon Property Group since February 2019. During the 1950s, as many textile mills began to move to the area, the company became one of the first South Carolina design-build firms, designing and building many of these industrial plants. structure affirms and strengthens the inherent power of our integrated Prior to joining Citigroup in 1994, Mr. Zelter was a High Yield Trader at Goldman, Sachs & Co. Mr. Zelter has significant experience in global credit markets and has overseen the broad expansion of AGMs credit platform. Jessica Bibliowicz serves as an independent director and member of the audit committee of Apollo Asset Management, Inc.s board of directors. Scott: Theres over $1 trillion on the sidelines in the United States that could be deployed. Michael Ducey serves as an independent director and a member of the audit committee of Apollo Asset Management, Inc.s (AAM) board of directors. | Raymond McCrea Jones for POLITICO. He also served on the board at Momentive Performance Materials, Inc., MPM Holdings, Inc., Hexion, Inc., Taminco Corp., Momentive Performance Materials Holdings LLC, Noranda Aluminum Holding Corp., Realogy Group LLC, Realogy Holdings Corp., Compass Minerals International, Inc., Constellis Group, Inc., Resolution Performance Products LLC, Vectra Corp., Verso Paper Holdings LLC and Verso Technologies, Inc. The oldest executive at Apollo Global Management Inc is AlvinKrongard, 83, who is the Independent Director. He currently serves on the board of directors of ISG, Paulist Productions, where he chairs the investment committee, and Southern California Aquatics. Mr. Zelter also serves on the board of directors of the Robert Toigo Foundation, the Partnership for New York City, and The Bridge Golf Foundation, as well as the Board of Fellows of Weill Cornell Medicine. Mr. Simon served as an independent director of Apollo Asset Management, Inc.s board of directors from June 2021 through December 2021. Scott acknowledged in our interview that, contrary to conservative orthodoxy, he does believe that government can play a role in pushing against the economic tendency for investments to cluster in certain areas while leaving others behind. Prior to joining Apollo, Mr. Kleinman was a member of the Investment Banking division at Smith Barney Inc. Mr. Krongard served as the Lead Director of Under Armour, Inc. from 2006 to 2020. Scott Kleinman is lead partner for private equity at Apollo Global Management, LLC in New York City. WebScott Kleinman is Co-President of Apollo Global Management, Inc., co-leading Apollos day-to-day operations including all of Apollos revenue-generating businesses and He began his career in financial services at Chemical Bank and then Morgan, Grenfell & Co. David Sambur, left, and Matt Nord have overseen several recent Apollo deals. Prior to her public service, Dr. Healey worked for more than a decade as a public policy consultant to the United States Department of Justice for Cambridge-based think tank Abt Associates. They have also been very involved in the day-to-day operations of Apollos flagship private equity business and have established themselves as leaders from a strategy and culture standpoint.. As the Co-President of Apollo Global Management Inc, the total compensation of Scott Kleinman at Apollo Global Management Inc is $18,615,200. Corner Office. Apollo believes these factors include but are not limited to those described under the section entitled Risk Factors in Apollo's annual report on Form 10-K filed For more than three decades, Apollos investing expertise across its fully integrated platform has served the financial return needs of its clients and provided businesses with innovative capital solutions for growth. Noah GunnGlobal Head of Investor RelationsApollo Global Management, Inc.(212) 822-0540IR@apollo.com, Joanna RoseGlobal Head of Corporate CommunicationsApollo Global Management, Inc.(212) 822-0491Communications@apollo.com. However, my worldview, really, is oftentimes seen through the eyes of a 7-year-old kid, growing up in a single-parent household, mired in poverty, feeling hopeless, at times frustrated, realizing that there was more potential in me than I could get out.. He serves on the board of directors of Apollo Global Management Inc., Athene Holding Ltd. and Athora Holding Ltd, and certain other affiliated public vehicles. In addition to Messrs. Harris, Kleinman, and Zelter, the other members the industry, and their promotions reflect a natural progression of Zelter was Chief Investment Officer of Citigroup Alternative Prior to joining Apollo, Mr. Zelter was with Citigroup Inc. and its predecessor companies from 1994 to 2006. Ms. Richards also serves as a member of the Audit and Governance Committees of the board of directors of Wyndham Hotels and Resorts. Apollo Global Management Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. As Co-President, he co-leads AAMs day-to-day operations including all of its revenue-generating businesses and enterprise solutions across its integrated alternative investment platform. and investments by our funds and litigation risks, among others. their distinguished careers, said Mr. Black. As a principal with Quattlebaum Development Company, alongside his brother Alex, Scott Quattlebaum is involved in all aspects of the business, including contracting, construction consulting, project management and brokerage transactions. and he has played a critical role in driving the growth of our private Mr. Ducey graduated from Otterbein University with a degree in Economics and an M.B.A. in finance from the University of Dayton. https://www.wsj.com/articles/apollo-taps-new-co-heads-of-private-equity-business-11569495601. His father, a well-known philanthropist, was a professor of engineering at Clemson University and eventually opened Harllee Construction Company in 1927 in Florence with his brother. Prior to Evercore, Mr. Emerson served as Senior Vice President, Corporate Development and Strategy, of Microsoft Corporation, reporting directly to the Chief Executive Officer and serving on the executive leadership team, with responsibility for all acquisitions, investments, strategic partnerships and corporate strategy. Not as young as you are, Ben, but Im a young fellow. During his service, he was responsible for surveying, as well as design and construction of roadways, bridges and infrastructure in the Southern Province of Tanganyika (now Tanzania). She has been a fellow at the Harvard Kennedy Schools Institute of Politics and Harvards Center for Public Leadership. identify forward-looking statements. Mr. Krongard also serves as an independent director and a member of the audit committee of Apollo Global Management, Inc.s board of directors. Apollo is a high-growth, global alternative asset manager. record. WebScott Kleinman is Co-President and a member of the board of directors of Apollo Asset Management, Inc. (AAM). White: So Im a distributed worker and Im. PD=Previous Day. But in order for that to happen, were going to have to do that in a bipartisan fashion or it just will not happen. Assets ($13 billion of AUM) funds invested across a core group of nine Between the trio, they bring some 60 years of experience working in industrial development both locally and across the world and offer a tremendous knowledge of the people, laws, land and business of South Carolina. In their new roles, Nord and Sambur will continue to report to Kleinman, who had served as the lead partner for private equity since 2009. Prior to joining Apollo, Mr. Kleinman was a member of the Investment Banking division at Smith Barney Inc. In connection with these appointments, the current roles of Leon Black, Equity ($70 billion of AUM), Credit ($158 billion of AUM) and Real businesses, and Mr. Zelter will focus on Apollos credit and yield He is an Executive Committee member of the Civil Society Fellowship, a partnership of ADL and the Aspen Institute, designed to empower the next generation of community leaders and problem solvers. non-historical statements in the discussion and analysis. In 2014, Mr. Kleinman founded the Kleinman Center for Energy Policy at the University of Pennsylvania. Mr. Emerson has spent his entire career in investment banking and corporate finance. Alex Quattlebaum, III principal with Quattlebaum Development Company, is responsible for the day-to-day operations of running the business, which he does so alongside his brother Scott. He is on the Board of Directors at Athene Holding Ltd., Taminco Global Chemical LLC, Compass Minerals Group, Inc., Apollo Global Management, Inc., Athora Holding Ltd., Constellis Holdings LLC, Verso Paper, Inc. and White Plains Hospital Center. Over the last 12 years, insiders at Apollo Global Management Inc have traded over $788,563,094 worth of Apollo Global Management Inc stock and bought 17,338,191 units worth $468,582,107 Parker eventually enlisted Scott in his effort to get the Opportunity Zones into legislation. In addition to his extensive executive and board experience, Mr. Swann played nine seasons for the Pittsburgh Steelers and was elected to the Pro Football Hall of Fame in 2001. And in the next couple of years, $100 billion or more. Matt and David have been at the helm of numerous successful private equity transactions during their tenure at Apollo across an array of industries, Kleiman and Zelter said in the joint statement. Broadband and online services are a prerequisite for success in most of America. Singapore, Hong Kong and Shanghai. bench of world-class talent that we continue to develop and promote at Scott, who has served in the Senate since 2013, often shares his experience growing up poor in North Charleston and what inspired him to overcome those struggles. If you will make a long-term investment in one of these zones, then you can deferyou dont eliminate, but you deferyour capital gains tax for up to 10 years, or through the year 2026. Ms. Bibliowicz is a successful entrepreneur and organizational leader within financial services with more than 30 years of experience with public and private companies. our Subscriber Agreement and by copyright law. We always struggle with an even spread of resources, he said, noting that one way government can address this is to ensure better access to broadband internet outside of major metropolitan centers. Ive gone to states like West Virginia, Iowa, New Hampshire, that have large rural populations, including South Carolina It absolutely works in rural areas, from poverty to the opioid crisis, and in inner cities. Mr. Emerson served as an independent director of Apollo Asset Management, Inc.s board of directors from March 2021 through December 2021. industries where Apollo has considerable knowledge and resources. And so, for me, there are two major pillars. There are 1 executives at Apollo Global Management Inc getting paid more, with JamesZelter having the highest compensation of $85,389,504. And frankly, theres typically an uneven success trajectory. He is a member of AHLs executive committee and ISGs executive committee. So while were going to continue to celebrate our success as a manufacturing headquarters, we are, at some point in the future, going to become what we call the Silicon Harbor in Charleston, in the upstate. Prior to 2008, Ms. Richards served as Director of Development of Saltus Grammar School from 2003 to 2008, as Chief Financial Officer of Lombard Odier Darier Hentsch (Bermuda) Limited from 2001 to 2003, and as Treasurer of Gulf Stream Financial Limited from 1999 to 2000. Mr. Belardi is responsible for AHLs overall strategic direction and management and the day-to-day management of its investment portfolio. Scott Kleinman is Co-President of Apollo Global Management, Inc., co-leading Apollos day-to-day operations including all of Apollos revenue-generating businesses and enterprise solutions across its integrated alternative investment platform. they will report to Mr. Harris. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in Apollos filings with the SEC. Holdings, LLC, Momentive Performance Materials Holdings, Inc., and Apollo had assets under management of approximately $312 billion as of June 30, 2019 in private equity, credit and real assets funds invested across a core group QuoteMedia. Mr. Suydam received his J.D. Ive been on a national opportunity tour. Scott Kleinman - Co-President - Apollo Global Management Inc. It continues to increase. Japan Center for International Exchange You can actually reduce our long-term exposure without touching current beneficiaries, or, frankly, people within a 10-year window of receiving their benefits from an entitlement perspective of Medicare and Social Security. Scott's mailing address filed with the SEC is C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 42ND FLOOR, NEW YORK, NY, 10019. As Co-President, he co-leads AAMs day-to-day operations including all of its revenue-generating businesses and enterprise solutions across its integrated alternative investment platform. Mr. Ducey served as Chair of the conflicts committee of AAMs board of directors from 2011 through December 2021. As of December 31, 2022, Apollo had approximately $548 billion of assets under management. Prior to departing Barclays Capital, Mr. Kelly served as Managing Director, CFO of the Americas, and Global Head of Financial Control for their Corporate and Investment Bank. Ms. Hormozi has extensive experience in both the public and private sectors of the legal field. 87990cbe856818d5eddac44c7b1cdeb8, Continue reading your article witha WSJ subscription, Already a subscriber? on February 29, 2016, as such factors may be updated from time to time Mr. Kleinman, who focuses on Apollos equity and opportunistic businesses, joined Apollo in 1996, and in 2009 he was named Lead Partner for Private Equity, a position he held until October 2019. The strategy launches with $4 billion in deployable capital from Apollo affiliates and strategic partners and will enable investment into a diversified global portfolio of yield and hybrid investments.1, Last year, Apollo launched its Sustainable Investing platform, which targets deploying $50 billion in clean energy and climate capital by 2027 and sees the opportunity to deploy more than $100 billion by 2030. Foundation.Mr. Zelter has a degree in Economics from Duke University. of Apollos Management Committee. Pauline Richards serves as an independent director and Chair of the audit committee of Apollo Asset Management, Inc.s (AAM) board of directors. For non-personal use or to order multiple copies, please contact The most active insiders traders include Marc J Rowan, Leon D Black, and Joshua Harris. So when you take those dots and you connect them back, what do you find? Scott began his career with the company as a teenager by working summers in construction. from the University of Maryland School of Law, where he also graduated with honors. Greg Beard, who until now served as global head of natural resources, will transition to a role as a senior advisor, according to the announcement. continue to deliver value to investors and drive Apollo forward as one Alex has been working for the company since he was a teenager, doing construction work during his summers off from school. She has also previously served on the board of directors of Revlon. and in 2009 he was named Lead Partner for Private Equity. In its first year, Apollo's sustainable investment platform deployed over $6 billion toward its target.2. Mr. Kleinman received a BA and BS from the University of Pennsylvania and the Wharton School of Business, respectively, graduating magna cum laude, Phi Beta Kappa. from New York University and graduated magna cum laude with a B.A. Thats one of the fictional stories that you can find out there. Mr. Beilinson currently serves on the boards of directors of Exela Technologies and Playtika, as well as several privately held companies. When used in this press release, the words believe, anticipate, Chief Executive Officer, Chief Investment Officer, and Co-founder, Athene Holding Ltd. Jim Belardi is a member of our board of directors and of the executive committee of our board of directors. President George W. Bush appointed Mr. Swann as the Chairman of the Presidents Council on Fitness, Sports and Nutrition, where he served from 2002 to 2005. executive leadership team with the elevation of Scott Kleinman and James
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