Apollo is a global, high-growth alternative asset manager. Jim Belardi and Apollo Global Management is suing two former employees of its affiliate Athene Holding over their role in helping set up a rival insurance business. Reuters. NEW YORK, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Apollo and Athene today announced the successful completion of their merger under Apollo Global Management, Inc. (NYSE: APO), a high-growth alternative asset manager with asset management and retirement services capabilities. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. We support credit card, debit card and PayPal payments. 2023 CNBC LLC. university university Photographer: Anthony Kwan/Bloomberg. Following the transaction, Apollo Global Management, Inc. is now the publicly traded combined entity, with approximately 600 million shares of a single class of voting stock entitled to one vote per share. Apollo Global Management, Inc. 2023 All Rights Reserved. Siddiqui worked at Goldman Sachs Group Inc GS.N and Oak Hill Capital Partners before joining Apollo. Joanna Rose Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. Premium access for businesses and educational institutions. Pension fund drops NY lawsuit against Apollo and Athene Sign up for free newsletters and get more CNBC delivered to your inbox. Apollo's merger with Athene: a Final $29bn-Step in a Long - BSIC Apollo Asset Management will continue to be led day-to-day by its Co-Presidents According to the Central Laborers' Pension Fund's lawsuit, Apollo is charging Rowan, who co-founded Apollo 31 years ago, has been tasked with running the New York-based firm after board Chairman Leon Black said in January he would step down as chief executive by July, following an independent review of his ties to the late financier and convicted sex offender Jeffrey Epstein. Apollo has been getting paid lucrative fees by Athene, in which it currently holds a 27% stake. The companies announced Monday that they have agreed to merge by swapping stock . Head of Marketing & Corporate . Inside P&C is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730, Book a call with a member of the team to discuss your subscription options, WR Berkley halts tax liability underwriting after executive departure, Everest Q1 pre-tax cat losses narrow to $110mn on limited US exposure, Hubs valuation: A shiver passes through the private broking sector, CNA Q1 reserve charge linked to exited London PL book: CEO Robusto, Need to Know: AIG, Hub investment, Aon results, Gain your competitive advantage with Inside P&C. People now have to figure out were they good investors or was this all market beta? NEW YORK (Reuters) - Apollo Global Management LLC. And that trend has continued in 2023 so far. Motion to Compel Arbitration in Apollo Asset Management, Inc. (f/k/a We cant find the page you're looking for. The buyout mogul who created Apollo Global Management Inc. is suing two former employees of Athene Holding Ltd., claiming they covered up efforts to help an ex-partner start a rival firm. Apollos Board of Directors is led by non-executive Chair These forward-looking statements are based on managements beliefs, as well as assumptions made by, and information currently available to, management. . Apollo had released Mr. Siddiqui from any and all claims, known or unknown, prior to Feb. 21, 2018, she said in an interview.

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