APO:2011-03-29: Apollo Global Management

Remark
. One of the most famous LBO

IPO Date & Price
IPO Date: 2011-03-29
Offer price/share: $19 * 29.8M = $566M

Underwriters
Joint Book Runner: Goldman, Sachs & Co., J.P. Morgan, BofA Merrill Lynch, Citi, Credit Suisse, Deutsche Bank Securities, UBS Investment Bank
Co Manager: Barclays Capital, Morgan Stanley, Wells Fargo Securities

Business
Sector: Financial
Industry: Diversified Investments
Full Time Employees: 500

Apollo Management, L.P. is a privately owned investment manager. The firm primarily provides its services to pension and endowment funds, institutional investors, individual investors, pooled investment vehicles, and corporations. It manages client focused portfolios, hedge funds, real estate funds, and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe. Its alternative investments include investment in private equity and real estate markets. The firm's private equity investments include traditional buyouts, distressed buyouts and debt investments, corporate partner buyouts, distressed asset, turnaround, corporate restructuring, special situation, acquisition, and industry consolidation transactions. Its fixed income investments include distressed debt, senior bank loans, and value oriented fixed income securities. The firm seeks to invest in chemicals; commodities; consumer and retail; oil and gas, metals, mining, agriculture, commodities, distribution and transportation; financial and business services; manufacturing and industrial; media, cable, and leisure; packaging and materials; and satellite and wireless. It seeks to invest in companies based in across North America with a focus on United States, and Europe. The firm employs a combination of contrarian, value, and distressed strategies to make its investments. It conducts an in-house research to create its investment portfolio. The firm seeks to acquire minority positions in its portfolio companies. Apollo Management, L.P. was founded in 1990 and is headquartered in New York, New York with nine additional offices in North America, Europe, and Asia.

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