How does Apollo Global Management make money?
How does Apollo Global Management make money?
The company invests money on behalf of pension funds, financial endowments and sovereign wealth funds, as well as other institutional and individual investors. Since inception in 1990, private equity funds managed by Apollo have produced a 24% internal rate of return (IRR) to investors, net of fees.
What is fee generating AUM?
Fee-generating AUM consists of assets that we manage and on which we earn management fees or monitoring fees pursuant to management agreements on a basis that varies among the Apollo funds. Non-fee generating AUM includes assets on which we could earn carried interest income.
Is Apollo Global Management a partnership?
Where is my Form 1099-DIV or Form 1042-S? AGM LLC did not issue Forms 1099-DIV to its shareholders. Although AGM LLC was publicly traded, it is important to note that AGM LLC was a limited liability company (an “LLC”) and was taxed as a partnership, not a corporation.
How much is Leon Black Worth?
11.2 billion USD (2021)
Leon Black/Net worth
Who owns the company Apollo?
Apollo Global Management, known commonly as Apollo, is a private equity firm owned by partners Leon Black, Joshua Harris, and Marc Rowan. As of March 31, before the Verizon deal, the company had about $461 billion assets under management.
How is assets under management calculation?
AUM is the sum of the market value for all of the investments managed by a fund or family of funds, a venture capital firm, brokerage company, or an individual registered as an investment advisor or portfolio manager. Used to indicate the size or amount, AUM can be segregated in many ways.
Who owns Apollo Global Capital?
JDVC Resources Corp
Board of Directors
| Salvador Santos-Ocampo Chairman | JDVC Resources Corp., Apollo Global Capital, Inc. |
|---|---|
| Vittorio Paulo P. Lim President & Director | Pacifica Holdings, Inc., Apollo Global Capital, Inc. |
| Christopher C. Go Chief Financial Officer & Director | Apollo Global Capital, Inc. |
Is Leon Black still married?
Personal life. Black is married to Debra Ressler, a 1976 Barnard College graduate and Broadway producer and sister of Ares Management co-founder Antony Ressler. They have four children.
Is Leon Black married?
Debra Black
Leon Black/Spouse
