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Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. [2] [3] [1] As of 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion ...
Michael Palmer ( CFO) Jeffrey Kaplan ( COO) [ 1] AUM. US$14 billion (Dec 2022) [ 3] Website. amlp .com. Appaloosa Management is an American hedge fund founded in 1993 by David Tepper and Jack Walton specializing in distressed debt. [ 4] Appaloosa Management invests in public equity and fixed income markets around the world.
[14] [15] The company's co-chairman, Howard Marks, is known in the investment community for his letters to investors. [16] Since its formation in 1995, Oaktree has become the largest distressed-debt investor in the world. [17] [18] In 2008, it raised $10.9 billion for what was the largest-ever distressed debt fund, its Opportunities Fund VIIb. [19]
Before joining Apollo, Jones started his career at Citi, where he spent nearly six years, with his last position as vice president, U.S. distressed debt. Jones began at Apollo in 2019 as a ...
Japan's Panasonic Holdings said on Friday it plans to sell a stake in its automotive systems business to funds managed by U.S. private equity firm Apollo Global Management, and has signed a ...
TPG Angelo Gordon (formerly Angelo Gordon) is a global alternative investment manager founded in 1988 [ 3][ 4] by John Angelo and Michael Gordon [ 5] who together ran the arbitrage department of L.F. Rothschild in the 1980s. [ 6][ 7] The firm focuses on four main investment disciplines: credit, real estate, private equity, and multi-strategy.
U.S. Silica has agreed to go private in an all-cash acquisition by Apollo Global Management that values the industrial minerals company at about $1.85 billion. In a Friday announcement, U.S ...
The market developed for distressed securities as the number of large public companies in financial distress increased in the 1980s and early 1990s. In 1992, professor Edward Altman, who developed the Altman Z-score formula for predicting bankruptcy in 1968, estimated "the market value of the debt securities" of distressed firms as "is approximately $20.5 billion, a $42.6 billion in face value".