From 2016 to 2019, Mr. Swann served as the Athletic Director of the University of Southern California, where he was responsible for overall administration of 21 womens and mens Division I athletic programs at the university. uncertainties and assumptions, including risks relating to our Prior to 1998, Mr. Krongard served in various capacities at Alex Brown, Incorporated, including serving as Chief Executive Officer beginning in 1991 and assuming additional duties as Chairman of the board of directors in 1994. required by applicable law. Mr. Clayton also participated on the Board of the International Organization of Securities Commissions. 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. RT=Real-Time, EOD=End of Day, 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. Mr. Kleinman joined Apollo in 1996, and in 2009 he | Raymond McCrea Jones for POLITICO. We For non-personal use or to order multiple copies, please contact Tax incentives havent always proved successful in addressing entrenched poverty or stopping the decline of local economies based on old-line industries. Pauline Richards serves as an independent director and Chair of the audit committee of Apollo Asset Management, Inc.s (AAM) board of directors. In addition to Messrs. Harris, Kleinman, and Zelter, the other members In the asset management business, Apollo seeks to provide its clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid, and equity. QuoteMedia. I think weve seen that number improve for every minority group. It was at that time that the company began to shift its focus toward being a provider of facilities and not simply a means for constructing. Market Data copyright 2023 QuoteMedia. of the worlds largest alternative credit platforms., Mr. Kleinman and Mr. Zelter said, We are honored to be given the Scott: Theres over $1 trillion on the sidelines in the United States that could be deployed. He has consulted on development projects and the creation of Foreign Trade Zones for different governments and organizations that include the World Bank; the CIA; the Free Zone division of the Services Group in Washington, D.C. (of which he was a founding board member); the U.S. Agency for International Development (USAID); United Nations Educational, Scientific and Cultural Organization (UNESCO) and more. Mr. Rowan is a Co-Founder and CEO of Apollo Global Management, Inc. Prior to joining the SEC, Mr. Clayton was a partner at Sullivan & Cromwell LLP, where he was a member of the firms Management Committee and co-head of the firms corporate practice. Corner Office, This content is from: In the Opportunity Zones, the poverty rate is over 30 percent. 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. As of December 31, 2022, Apollo had approximately $548 billion of assets under management. Alex, who has traveled, worked and lived across the world, made his first entry on the international scene as one of the original 35 members of the Peace Corps in 1961. White: OK. And then when were talking about these Opportunity Zones, I think you referenced a number, 50 million, as in the number of people that could be impacted by this. 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. 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. 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. Matt Nord and David Sambur, who joined the firm in 2003 and 2004, respectively, will be taking over the day-to-day operations of the private-equity business from Apollo Co-President Scott Kleinman, the firm said. offer of any Apollo fund. If you're happy with cookies click proceed. Quattlebaum Development Company traces its beginnings back to 1927 when it was originally founded by Capt. Ms. Hormozi was Executive Vice President and General Counsel of Revlon, Inc. from April 2015 to July 2019, where she was responsible for overseeing Revlons legal affairs worldwide. Mr. Kleinman WebScott Kleinman Co-President, Apollo Global Management Scott Kleinman (C94, W94), along with his wife Wendy Kleinman, established the Kleinman Center with a generous $10 million gift to the Stuart Weitzman School of Design. 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. Singapore, Hong Kong and Shanghai. How does it break down between rural and urban? Assets ($13 billion of AUM) funds invested across a core group of nine Quattlebaum Development Company is a third generation family-owned and operated real estate development company in Charleston, S.C., specializing in industrial sites. Lynn Swann serves as an independent director and a member of the compensation committee of our board of directors. 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 The following transcript has been condensed and lightly edited for clarity. As a senior partner, he is also a member of Apollos Senior Management a High Yield Trader at Goldman Sachs & Co. Mr. Zelter is a board member of DUMAC, the investment management company Scott M. Kleinman serves as Co-President of the Company. Scott Kleinman He is a member and former chairman of the National Association of Real Estate Investment Trusts. From 2001 to 2004, Mr. Krongard served as Executive Director of the Central Intelligence Agency. Mr. Belardi is responsible for AHLs overall strategic direction and management and the day-to-day management of its investment portfolio. As long as there is need, I think the Opportunity Zone legislation provides an answer for those areas. 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. 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. Strong will serve as co-lead of infrastructure in addition to his role co-leading the natural resources group to optimize the inherent synergies between the two asset classes, according to the statement. He is a member of the Duke University Board of Trustees and a board member of DUMAC, Inc., the investment management company that oversees the Duke University endowment. Mr. Kleinman will focus on Apollos equity and opportunistic businesses. This dedicated strategy will employ the expertise of Apollos broader sustainable investing platform, as well as the Firms long-standing sustainability ecosystem. dependence on certain key personnel, our ability to raise new private ACT Capital will work alongside other strategies across Apollos sustainable investing platform toward the $50 billion target. But we do have to wrestle with the long-term consequences of mandatory spending that we havent wrestled with before. Mr. Beilinson previously served as Chief Restructuring Officer of Fisker Automotive from November 2013 to August 2014 and as Chief Restructuring Officer and Chief Executive Officer of Eagle Hospitality Properties Trust, Inc. from August 2011 to December 2014 and Innkeepers USA Trust from November 2008 to March 2012. In 1975, the company moved its headquarters from Florence to Charleston, where it remains today. 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 the Indiana University Kelley School of Business and an MBA from Columbia University. Mr. Kelly received a degree in Commerce, majoring in Finance and Accounting, from the University of New South Wales in 1989. In its first year, Apollo's sustainable investment platform deployed over $6 billion toward its target.2. And frankly, obviously, it leads to lower net worth. extraordinary job overseeing the growth of our credit business into one Mr. Zelter is also a member of the board of directors and the executive committee of the board of directors of Apollo Global Management, Inc. Today, the company is run by Alex, Jr.'s sons, Alex, III and Scott Quattlebaum, and focuses on both industrial and commercial development. Alex Quattlebaum, Jr., CEO of Quattlebaum Development Company, was born with engineering in his blood. RT=Real-Time, EOD=End of Day, 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. I think a realistic estimate in the first few years would be about $100 billion. net income and cash flow, our use of leverage to finance our businesses UPenn Receives $10 Million for Energy Policy Center 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. What you find is that educational success seems to be still a strong indicator of the evenness of this opportunity in America. Previously, Mr. Simon was Vice President of Wasserstein Perella & Company from 1988 to 1990, and an Associate at First Boston Corp. from 1985 to 1988. We undertake no obligation to As the American economy has grown more unequal, with urban areas thriving and rural areas falling behind, free-market Republicans have generally stayed away from the debate about potential government solutions. and he has played a critical role in driving the growth of our private Mr. Kleinman joined Apollo in 1996, Scott M. Kleinman is a Co-President at Apollo Global Management, Inc. /Private Equity/, a Co-President & Director at Apollo Global Management, Inc., an Executive 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. 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. Mr. Kelly joined Apollo in 2012 and serves as Chief Financial Officer of Apollo Global Management, Inc. Mr. Kelly also served as Chief Financial Officer of Apollo Asset Management, Inc. from September 2012 through February 2022 and Co-Chief Operating Officer of Apollo Asset Management, Inc. from January 2019 through December 2021. In that time, Ms. Joyner has served as chair of First Republic Banks investment and compensation committee, and as a member of its governance committee. 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. 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. One of the things that was clear to most of us at the table is that the tax cuts, so far, have actually increased revenues to the federal government, not decreased it. WebScott Kleinman is Co-President and a member of the board of directors of Apollo Asset Management, Inc. (AAM). Michael Ducey serves as an independent director and a member of the audit committee of Apollo Asset Management, Inc.s (AAM) board of directors. Ms. Richards was also a member of the conflicts committee of AAMs board of directors from October 2020 through December 2021. this press release and in other filings. And as that company grows, you would see how quickly investors might find it attractive not only do you have the tax deferral from your initial tax burden, but as your company starts to grow in that zone, that growth is capital gains tax free during those first 10 years of your growth. Scott Kleinman is lead partner for private equity at Apollo Global Management, LLC in New York City. more information about Apollo, please visit www.agm.com. These statements are subject to certain risks, Dr. Healey is the inaugural president of the Milken Center for Advancing the American Dream in Washington, DC. He graduated from the College of William & Mary, where he received a bachelors degree in Economics. Mr. Ducey joined Ciner Resources Corporation (formerly OCI Resources LP) as an independent member of the board of directors in September 2014, where he serves on the audit committee and the conflicts committee. from New York University and graduated magna cum laude with a B.A. 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. Since he started with the company, Alex, Jr., has overseen the development of industrial facilities throughout the Carolinas for the textile, paper, furniture, metalworking, woodworking, electronics and other industries. Mr. Clayton is also a member of the Federal Deposit Insurance Corporations Systemic Resolution Advisory Committee. I think a realistic estimation, in the first few years, would be about $100 billion.. 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. You can see the complete history of Mr. Kleinman stock trades at the bottom of the page. Are there other policy levers that we could be pulling? In 1947, Alex Quattlebaum, Sr., went into business with Harllee, renaming the company Harllee-Quattlebaum, Inc., where they continued to build homes, including several thousand at Camp Lajeune in North Carolina. 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. Senior partners Matt Nord and David Sambur have been promoted to co-lead partners of private equity, the alternative asset manager announced Thursday. Harry Lee Harllee, the great uncle of today's company principals, as Harllee Construction Company in Florence, S.C. When we think of using the tax code to effect economic change and stimulate investment, we tend to think of it as something that Democrats do more than Republicans. delay times for all exchanges). of the worlds leading alternative investment managers.. Jessica Bibliowicz serves as an independent director and member of the audit committee of Apollo Asset Management, Inc.s board of directors. Ms. Hormozi has served as a director of Athene Holding Ltd. (AHL) since December 2018 and is a member of AHLs compensation committee and legal and regulatory committee. Prior to joining Apollo, Mr. Kleinman was a member of the Investment Dr. Healey holds an AB in government from Harvard College and a PhD in political science and law from Trinity College, Dublin. And so, for me, there are two major pillars. We are thrilled to extend our long track record in this area and expand our commitment to driving a more sustainable future, recognizing the urgent need for climate capital deployment, said Apollo Co-President Scott Kleinman. Apollo Global Management, Inc. NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced the formation of Apollo Clean Transition Capital (ACT Capital), an investment strategy that intends to redefine the capital market for climate solutions. 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. in Engineering from the University of Pennsylvania (summa cum laude), a B.A. Scott Kleinman is Co-President and a member of the board of directors of Apollo Asset Management, Inc. (AAM). Apollo's S3 launch: Expect the firm to become a meaningful secondaries player With the launch of S3, Apollo becomes 'much more of a one-stop relationship' for GPs, co-president Scott Kleinman tells Secondaries Investor. PD=Previous Day. 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. Krongard serves as an independent director and a member of the audit committee of Apollo Asset Management, Inc.s (AAM) board of directors. Mr. Scott M. Kleinman is a Co-President at Apollo Global Management, Inc. /Private Equity/, a Co-President & Director at Apollo Global Management, Inc., an Executive Chairman at Apollo Strategic Growth Capital and an Executive Chairman at Apollo Strategic Growth Capital II. on February 29, 2016, as such factors may be updated from time to time 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. But in order for that to happen, were going to have to do that in a bipartisan fashion or it just will not happen. Director and Co-Founder, will continue with respect to Apollos Mr. Krongard serves as chairman of the nominating and corporate governance committee and a member of the compensation committee of Iridium Communications Inc. and as a member of the audit committee of Icahn Enterprises L.P. Mr. Krongard also serves on the board of trustees of In-Q-Tel, Inc. Mr. Krongard graduated with honors from Princeton University and received a J.D.

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