Anonymous ID: d78ffa Feb. 4, 2020, 8:17 p.m. No.8030035   🗄️.is 🔗kun

Apollo Global Mgmt ,Inc Sr Managing Director sold: $14.85m- Feb 3-4

 

Apollo Global Management, Inc., is an American private equity firm, founded in 1990 by former Drexel Burnham Lambert banker Leon Black. The firm specializes in leveraged buyout transactions and purchases of distressed securities involving corporate restructuring, special situations, and industry consolidations. Apollo is headquartered in New York City, with additional offices across North America, Europe and Asia. The company's stock is publicly traded on the NYSE under the symbol 'APO'. As of October 2019, Apollo had over US$312 billion in assets under management, and in 2016 it was the second-largest US-based alternative asset management firm. Among the most notable companies currently owned by Apollo are Cox Media Group, Constellis, Claire's, Caesars Entertainment Corporation, CareerBuilder, Novitex Enterprise Solutions, ADT, and Rackspace.

 

Mark Rowan

 

Rowan joined the Mergers & Acquisitions Group of Drexel Burnham Lambert where he worked in New York City and Los Angeles. In 1990, Rowan co-founded the private equity firm Apollo Global Management with former Drexel Burnham colleagues Leon Black and Joshua Harris. The firm went public in March 2011.

 

He is a founding member and serves on the executive committee of the Youth Renewal Fund and is a member of the board of directors for the National Jewish Outreach Program, the New York Police Foundation and serves on the Board of Overseers of the University of Pennsylvania’s Wharton School of Business. In October 2018, he donated $50 million to the Wharton School at the University of Pennsylvania, the largest single gift in Wharton’s history. The funds would be used to recruit three Rowan Distinguished Professors, appoint Rowan Fellows and support the Penn Wharton Budget Model

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