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Apollo Education Group, Inc. is an American corporation based in the South Phoenix area of Phoenix, Arizona, with an additional corporate office in Chicago, Illinois. It is privately-owned by a consortium of investors including The Vistria Group, LLC and funds affiliated with Apollo Global Management, LLC.
Gregory W. Cappelli (born c. 1968 [1]) is an American business executive who specializes in national education policy. He is the CEO of Apollo Education Group, a Fortune 1000 company [2] [3] and the parent company of the University of Phoenix, as well as chairman of Apollo Global, [4] a subsidiary company that invests money in educational ...
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 ...
Joshua Jordan Harris (born December 1964) is an American investor, sports team owner, and philanthropist. He is a co-founder of the private equity firm Apollo Global Management and a managing partner of the NBA's Philadelphia 76ers, the NHL's New Jersey Devils, and the NFL's Washington Commanders. Harris is also a general partner of the English ...
Leon Black. Leon David Black (born July 31, 1951) [ 1] is an American private equity investor. He is the former CEO of Apollo Global Management, which he co-founded in 1990 with Marc Rowan and Josh Harris. [ 2] Black was the chairman of the Museum of Modern Art from 2018 to 2021. [ 3][ 4][ 5]
John Glen Sperling (January 9, 1921 – August 22, 2014) was an American billionaire businessman who is credited with having led the contemporary for-profit education movement in the United States The fortune he amassed was based on his founding of the for-profit University of Phoenix for working adults in 1976, which became part of the publicly traded Apollo Group.
Rowan joined the mergers and acquisitions department of Drexel Burnham Lambert [4] where he worked in New York City and Los Angeles. [7] The firm collapsed in 1990. [4]In 1990, Rowan co-founded the asset management firm Apollo Global Management with former Drexel colleagues Leon Black and Josh Harris.
In 2017, the Vistria Group was part of the deal with Apollo Global Management to take over the schools. Vistria included two friends of Barack Obama: Miller and Martin Nesbitt. [75] In 2019, the Apollo Education Group was the third largest higher education lobby, and has 18 lobbyists at the federal level. [180]