Apollo Global Management Raises $60B in Public

Apollo Global Management has successfully raised $60B in a Public at a $65B valuation led by Public.

Company Overview

Apollo Global Management is a Private Equity company headquartered in 9 West 57th Street, New York, NY 10019, founded in 1990 with 2100+ employees.

Alternative asset management firm

Fundraising Details

Amount Raised: $60B
Round Type: Public
Valuation: $65B
Date: 2024-01-01
Investors: Public

About Apollo Global Management

Alternative asset management firm The company is positioned in the Private Equity sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 9 West 57th Street, New York, NY 10019
Founded: 1990
Team Size: 2100+
Industry: Private Equity

What This Means

This funding round demonstrates strong investor confidence in Apollo Global Management's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Private Equity sector continues to attract significant investment as companies innovate to meet evolving market demands. Apollo Global Management's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $65B valuation marks an important milestone for Apollo Global Management, positioning the company among notable players in the Private Equity industry.

Looking Ahead

With this new capital, Apollo Global Management is well-positioned to execute on its growth strategy and continue building innovative solutions in the Private Equity space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-01-01. For more information about Apollo Global Management, visit their headquarters at 9 West 57th Street, New York, NY 10019.