Europe; and John Suydam, Chief Legal Officer. 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. And so you could see the development of a support company for the Boeing Corporation here in North Charleston, whether its providing paint for the planes, or rubber for the wheels, or any other aspect of the engineering for the planes, theres a ton of opportunities out there that you could see. Mr. Clayton served as Chair of the SEC from May 2017 through December 2020. As of 19 February 2021 he still owns at least 1,460,908 units of Apollo Global Management Inc stock. Mr. Clayton is also a member of the Federal Deposit Insurance Corporations Systemic Resolution Advisory Committee. 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. Heinz Company and the Professional Golfers Association (PGA) of America. Scott grew up in poverty, spending his high school years living in this apartment complex in North Charleston. 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. ability to manage our growth, fund performance, changes in our We are dispersed right now, you and I. These statements include, but are not limited to, discussions offer of any Apollo fund. When Scott Kleinman joined Apollo Global Management in 1996, the firm founded by Leon Black, Mark Rowan and Josh Harris as a distressed debt specialist non-historical statements in the discussion and analysis. He received his undergraduate degree from the University of Pennsylvania and an undergraduate degree from The Wharton School of the University of Pennsylvania. The correlation, of course, is that education and opportunity are like wet and water. amended. the expectations reflected in these forward looking statements are Alexs family lived throughout the state of South Carolina during his childhood, and he attended college at Clemson University, earning a bachelor's degree in civil engineering. Equity ($70 billion of AUM), Credit ($158 billion of AUM) and Real 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. 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. LLCGary M. Stein, 212-822-0467Head of Corporate He lives in downtown Charleston with his wife, Marlene, and daughter, Isabel. Prior to founding AHL and ISG, Mr. Belardi was President of SunAmerica Life Insurance Company and was also Executive Vice President and Chief Investment Officer of AIG Retirement Services, Inc., where he had responsibility for an invested-asset portfolio of $250 billion. Scott Kleinman, 44, is the Lead Partner for Private Equity and a member A poor education system or a failing school typically leads to higher unemployment. media inquiries regarding Apollo:Rubenstein Associates, Inc. for at the University of Pennsylvania School of Design. Mr. Clayton previously served as Non-Executive Chair of the board of directors of AAM, from March 21, 2021 through December 2021, and prior to that time, served as Lead Independent Director of the board of directors of AAM effective March 1, 2021. Form 10-K filed with the Securities and Exchange Commission (the SEC) Apollo Launches $4 Billion Clean Energy Transition Strategy Mr. Simon earned a B.S. When used in this press release, the words believe, anticipate, He currently serves as president of Pendral Capital, where he both invests and advises technology clients on strategic transactions. He is a member and former chairman of the National Association of Real Estate Investment Trusts. 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. In addition, Mr. Belardi is the founder, Chairman and Chief Executive Officer of ISG, AHLs investment manager. Mr. Ducey served as Chair of the conflicts committee of AAMs board of directors from 2011 through December 2021. The company has approximately two million square feet in its current inventory across five properties, all located in Foreign Trade Zones and in the Southeast. White: Its somewhat ironic that Im recording this with you and talking to you from my basement in Englewood, New Jersey, even though I work for POLITICO. Mr. Ducey graduated from Otterbein University with a degree in Economics and an M.B.A. in finance from the University of Dayton. During his service, he was responsible for surveying, as well as design and construction of roadways, bridges and infrastructure in the Southern Province of Tanganyika (now Tanzania). Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. Apollo Co-President Scott Kleinman to Present at 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. its predecessor companies from 1994 to 2006. WebScott Kleinman joined Apollo Global Management, in 1996 and is currently the Co-President. Scott: We could spend a long time talking about education because I think it really is the forerunner to opportunity. received a BA and BS from the University of Pennsylvania and the Wharton Apollo Mr. Beilinson has previously served on the boards of directors and audit committees of a number of public and privately held companies, including Westinghouse Electric, Caesars Acquisition Company, Wyndham International, Inc., Apollo Commercial Real Estate Finance, Inc., Innkeepers USA Trust and Gastar Inc. Mr. Beilinson has a Bachelor of Arts in political science from the University of California, Los Angeles and a Juris Doctor from the University of California Davis Law School. Scotts Opportunity Zones would provide tax incentives for investment in parts of the country that have not seen big gains since the Great Recession ended. Sen. Tim Scott, a Republican and the first African American to represent South Carolina in the U.S. Senate, outside his childhood home in North Charleston. Scott, for his part, said he thought the program could create enormous investment within just a couple of years. What happens is, as we grow the pie, we see more folks being able to engage in finding and chasing the American dream, which is the fastest way to actually even out the recovery. 15 minutes unless otherwise indicated (view Since August 2011, Mr. Beilinson has been the Managing Director of Beilinson Advisory Group, a financial restructuring and hospitality advisory group that specializes in assisting distressed companies. responsibility for all of Apollos revenue-generating and investing In its first year, Apollo's sustainable investment platform deployed over $6 billion toward its target.2. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. 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. within the meaning of Section 27A of the Securities Act of 1933, as From 2003 to 2005, Mr. In the Opportunity Zones, the poverty rate is over 30 percent. Ms. Joyner served as an independent director of Apollo Asset Management, Inc.s board of directors from March 2021 through December 2021. April 26, 2023 08:00 ET We Matt and David have been at the helm of numerous successful private equity transactions during their tenure at Apollo across an array of industries, Kleiman and Zelter said in the joint statement. of directors of Constellis Holdings, CH2M Hill Companies, Ltd., Hexion Scott Kleinman - Co-President @ Apollo - CrunchBase 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. 7F, 1-1-12 Akasaka, Minato-ku, Tokyo, Co-President, Apollo Global Management, New York, Task Force on Global Capitalism in Transition. Between the trio, they bring some 60 years of experience working in industrial development both locally and across the world and offer a tremendous knowledge of the people, laws, land and business of South Carolina. That is going to be a unique experience for many people in the workforce because, up until now, they really havent had that as a real option. a member of Apollos Management Committee, and Chief Executive Officer He served on the board of Fenner, PLC from January 2017 to June 2018 and served on the Audit, Governance and Remunerations Committees. 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. Ben White: I wanted to start with a kind of existential question. For non-personal use or to order multiple copies, please contact Prior to joining Apollo, Mr. Kleinman was a member of the Investment Wassenaar joined Apollo as a partner in August of last year, while Strong has been at the firm since 2012. We undertake no obligation to Singapore, Hong Kong and Shanghai. Let me give you just two real-world examples. How do you approach this as a Republican, when the classic Republican thinking is, Just let the market decide? Ms. Joyner holds a BA from Dartmouth College, an MBA from Harvard University and an Honorary Degree from Dartmouth College. Ms. Hormozi has extensive experience in both the public and private sectors of the legal field. believe these factors include but are not limited to those described more information about Apollo, please visit www.agm.com. Marc Rowan, chief executive officer of Apollo Global Management Inc., gave $150,000, Ms. Hormozi is also a director of a number of AHLs US subsidiaries. Apollo Global Management, Inc. 9 West 57th Street New York, NY 10019 December 1, 2021 Personal and Confidential Scott Kleinman [Address on file with the Company] Re: Employment and Compensation Terms Dear Scott: Mr. Emerson has spent his entire career in investment banking and corporate finance. In addition to these two appointments, Apollo announced the promotions of senior partners Olivia Wassenaar and Geoff Strong to co-leads of the firms natural resources business, which has approximately $5 billion in assets under management. reasonable, it can give no assurance that these expectations will prove in our periodic filings with the SEC, which are accessible on the SECs management across Credit, Private Equity and Real Assets and a deep Dr. Healey served as the President of Babson College from 2013-2019 and was elected President Emerita by the trustees of Babson College in 2021. Most recently, Mr. Beilinson served as Chief Restructuring Officer of Newbury Common Associates LLC (and certain affiliates) from December 2016 to June 2017. Apollo is a leading global alternative investment manager with offices in New York, Los Angeles, San Diego, Houston, Bethesda, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Singapore, Hong Kong, Shanghai and Tokyo. Mr. Swann received a Bachelor of Arts from the University of Southern California. Chairman, Chief Executive Officer and Founder, Josh Harris, Senior Data delayed Mr. Clayton also is a Senior Policy Advisor to Sullivan & Cromwell LLP, and has advisory roles with several private companies and non-profit organizations, including the Board of Trustees of Lehigh University and the Advisory Council of the National Association of Securities Professionals (NASP). http://www.businesswire.com/news/home/20171113005364/en/. 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. Toronto, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, 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. Apollo Global Management Inc. has promoted two longtime partners to lead its private-equity business, which has $77 billion in assets. The most recent stock trade was executed by Joshuamjh Partners Ii Llc H on 24 April 2023, trading 63,988 units of APO stock currently worth $4,054,280. High Yield franchise. Alex Quattlebaum, III principal with Quattlebaum Development Company, is responsible for the day-to-day operations of running the business, which he does so alongside his brother Scott. 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. Mr. Clayton earned a B.S. So weve cut taxes, but we always have believed in the Laffer Curve or the inverse relationship. The estimated Net Worth of Scott Kleinman is at least $114 Million dollars as of 19 February 2021. Communicationsgstein@apollolp.comorNoah Earlier in her career, Ms. Bibliowicz held senior management positions at Prudential Mutual Funds and Smith Barney Mutual Funds. This press release contains forward-looking statements that are within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Greg Beard, who until now served as global head of natural resources, will transition to a role as a senior advisor, according to the announcement. Ms. Bibliowicz is a successful entrepreneur and organizational leader within financial services with more than 30 years of experience with public and private companies. I think a realistic estimate in the first few years would be about $100 billion. He is a member of AHLs executive committee and ISGs executive committee. Apollo Taps New Co-Heads of Private-Equity Business. Mitra Hormozi serves as an independent director and a member of the nominating and corporate governance and sustainability and corporate responsibility committees of our board of directors. As Co-President, he co-leads AAMs day-to-day operations including all of its revenue-generating businesses and enterprise solutions across its integrated alternative investment platform. This site uses cookies. 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. In 2014, Mr. Kleinman founded the Kleinman Center for Energy Policy at the University of Pennsylvania. Portfolio. Mr. Belardi is Co-Founder of Athene Holding Ltd. (AHL), and has served as AHLs Chairman, Chief Executive Officer and Chief Investment Officer since May 2009. Back on U.S. soil and after graduating from Clemson in 1965, Alex began working for his family's construction company, which moved to Charleston in 1974, in a variety of roles, rising from assistant superintendent to president. Treasury Secretary Steven Mnuchin has suggested that the program could attract $100 billion in investment in distressed areas. Scott began his career with the company as a teenager by working summers in construction. and he has played a critical role in driving the growth of our private From 2003 to 2005, Mr. Zelter was Chief Investment Officer of Citigroup Alternative Investments, and prior to that he was responsible for Citigroups Global High Yield franchise. Theres over a trillion dollars on the sidelines that could be deployed, he told me. 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. She is a member of the Council on Foreign Relations and the Trilateral Commission, and a trustee of the American University of Afghanistan and the American University of Bahrain. Alex Quattlebaum, Jr., CEO of Quattlebaum Development Company, was born with engineering in his blood. He also chaired the Subcommittee on Financial Institutions and Consumer Protection. Ms. Richards was also a member of the conflicts committee of AAMs board of directors from October 2020 through December 2021. These forward-looking statements are based on managements beliefs, as well as assumptions made by, and information currently available to, management. Apollo Global Management has new leadership for its $77 billion private equity business. Apollo had assets under management of approximately $433 billion as of September 30, 2020 in credit, private equity and real assets funds invested across a core group of nine industries where Apollo has considerable knowledge and resources. Market Data powered by Apollo Global Management, LLCCharles Zehren, 212-843-8590czehren@rubenstein.com. White: So Im a distributed worker and Im. They also work with the highest level of integrity, always being true to their word, whatever the result, to provide the best possible service to their clients. Mr. Belardi has a Bachelor of Arts degree in economics from Stanford University and a Master of Business Administration from the University of California, Los Angeles. A conversation with Sen. Tim Scott, the Republican trying to bring development to disadvantaged communities. Ms. Richards also serves as a member of the Audit and Governance Committees of the board of directors of Wyndham Hotels and Resorts. President George W. Bush appointed Mr. Swann as the Chairman of the Presidents Council on Fitness, Sports and Nutrition, where he served from 2002 to 2005. 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. These Senator Toomey represented Pennsylvania in the U.S. Senate from 2011 to 2023, serving on the Senate Banking, Housing, and Urban Affairs; Budget; and Finance Committees, as well as the Joint Economic Committee and the Joint Select Committee on Deficit Reduction. As long as there is need, I think the Opportunity Zone legislation provides an answer for those areas. From 2001 to 2004, Mr. Krongard served as Executive Director of the Central Intelligence Agency. Previously, she held senior positions at Bowman Capital Management LLC and Capital Guardian Trust Company. In addition to chairing the SEC, he was a member of the Presidents Working Group on Financial Markets, the Financial Stability Oversight Council and the Financial Stability Board.
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