Apollo Global Management, headquartered in New York City, offers asset management services across three segments: Asset Management, Retirement Services, and Principal Investing, employing 4,879 full-time staff since its IPO in 2011. Athene Holding, part of Apollo, specializes in retirement savings products, including annuities, while the Principal Investing segment focuses on investment income and performance fees.
APO has been in the news recently: Apollo Global Management is not directly mentioned in the provided information. However, it is relevant to note that BlackRock and Goldman Sachs are advocating for individual investors to access alternative assets, highlighting the potential for democratization in investment opportunities while also recognizing the risks involved. Additionally, Robinhood's strong stock performance this year has led to a cautiously optimistic outlook for its future.
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