Terms of Use. more information about Apollo, please visit www.agm.com. He is a member of the Carolina Yacht Club, the Country Club of Charleston, and the St. Andrews Society. This press release does not constitute an 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. He is a member of the Board of Overseers at the University of Pennsylvania Stuart Weitzman School of Design and the Board of Directors at the White Plains Hospital, where he co-chaired the COVID-19 Relief Campaign. Mr. Rowan graduated summa cum laude from the University of Pennsylvanias Wharton School of Business with a BS and an MBA in Finance. 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. Scott Kleinman is 47, he's been the Co-President of Apollo Global Management Inc since 2018. WebScott Kleinman is Co-President and a member of the board of directors of Apollo Asset Management, Inc. (AAM). . Wolfgang Porsche announces final term on Volkswagen supervisory board, Generali's No.3 investor Caltagirone withholds backing for 2022 accounts -sources, Musk says Tesla likely to launch full self-drive technology 'this year', Exclusive: JPMorgan employees gripe about Dimon's return-to-office edict, SpaceX rocket explosion illustrates Elon Musk's 'successful failure' formula, Cucinelli posts 33% rise in Q1 sales, confirms 2023 revenue growth forecast, Exclusive-Peter Thiel, Republican megadonor, won't fund candidates in 2024 - sources, Virginia Governor Youngkin 'humbled' by talk of possible presidential run, European Midday Briefing: Mood Brighter After -2-, Tim Cook unveils new Apple store in India. He currently serves as president of Pendral Capital, where he both invests and advises technology clients on strategic transactions. If you agree to our use of cookies, please continue to use our site. In the Opportunity Zones, the poverty rate is over 30 percent. WebScott Kleinman is Co-President and a member of the board of directors of Apollo Asset Management, Inc. (AAM). What else can Washington be doing to kind of work with states to address this problem of access to opportunity? its predecessor companies from 1994 to 2006. amended, and Section 21E of the Securities Exchange Act of 1934, as Scott Kleinman is Co-President and a member of the board of directors of Apollo Asset Management, Inc. (AAM). There are 1 executives at Apollo Global Management Inc getting paid more, with JamesZelter having the highest compensation of $85,389,504. Mr. Belardi swam in the 1976 and 1980 Olympic Swimming Trials and is a nine-time Masters Swimming World Record Holder. WebScott Kleinman joined Apollo Global Management, in 1996 and is currently the Co-President. Wassenaar joined Apollo as a partner in August of last year, while Strong has been at the firm since 2012. Talking with Secretary Mnuchin and others, they see, on the sidelines, $5 billion to $10 billion initially, looking to be deployed in just a few states. WebScott began his career with the company as a teenager by working summers in construction. Just one more thing on the broad macroeconomic level that Im interested in: the federal deficit and the national debt, and the fact that weve seen the numbers go up pretty significantly. It continues to increase. Mr. Beilinson previously served as Chief Restructuring Officer of Fisker Automotive from November 2013 to August 2014 and as Chief Restructuring Officer and Chief Executive Officer of Eagle Hospitality Properties Trust, Inc. from August 2011 to December 2014 and Innkeepers USA Trust from November 2008 to March 2012. Pamela Joyner serves as an independent director and a member of the nominating and corporate governance committee of our board of directors. The states that Ive talked to, I would add on top of that number another $10 billion or $15 billion. Richard Emerson serves as an independent director and a member of the compensation committee of our board of directors. the expectations reflected in these forward looking statements are School of Business, respectively, graduating magna cum laude, Phi Beta His father, a well-known philanthropist, was a professor of engineering at Clemson University and eventually opened Harllee Construction Company in 1927 in Florence with his brother. Last updated: 21 February 2023 at 5:09pm EST. Previously, she held senior positions at Bowman Capital Management LLC and Capital Guardian Trust Company. Toronto, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Mr. Beilinson currently serves on the boards of directors of Exela Technologies and Playtika, as well as several privately held companies. Upon the merger of Alex Brown, Incorporated with Bankers Trust Corporation in 1997, Mr. Krongard served as Vice-Chairman of the Board of Bankers Trust Corporation and served in such capacity until assuming his position at the Central Intelligence Agency. 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). a High Yield Trader at Goldman Sachs & Co. Mr. Zelter is a board member of DUMAC, the investment management company Foundation.Mr. Zelter has a degree in Economics from Duke University. in Engineering from the University of Pennsylvania (summa cum laude), a B.A. Scott Kleinman is lead partner for private equity at Apollo Global Management, LLC in New York City. 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. Are there other policy levers that we could be pulling? He has consulted on development projects and the creation of Foreign Trade Zones for different governments and organizations that include the World Bank; the CIA; the Free Zone division of the Services Group in Washington, D.C. (of which he was a founding board member); the U.S. Agency for International Development (USAID); United Nations Educational, Scientific and Cultural Organization (UNESCO) and more. 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. So in the next several months, $25 billion to $30 billion. 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. An active philanthropist and civically engaged, Mr. Rowan is a founding member and Chair of Youth Renewal Fund and Vice Chair of Darca, Israels top educational network operating 45 schools with over 25,000 students throughout its most diverse and under-served communities. related to Apollos expectations regarding the performance of its These factors should not be construed as exhaustive and should be read Ms. Richards currently serves as Chief Operating Officer of Trebuchet Group Holdings Limited, a position she has held since 2008. 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. From 2001 to 2004, Mr. Krongard served as Executive Director of the Central Intelligence Agency. closely with the founders and the members of the Management Committee to Mr. Beilinson has served as a director of Athene Holding Ltd. (AHL) since 2013, and is the lead independent director, the chair of AHLs compensation committee and a member of AHLs conflicts committee and legal and regulatory committee. Mr. Clayton also participated on the Board of the International Organization of Securities Commissions. David Simon serves as an independent director. 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. WebMr. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. businesses. Market Data powered by Senator Toomey has a B.A. Alex Quattlebaum, Jr., CEO of Quattlebaum Development Company, was born with engineering in his blood. Kohl's promo code: 30% Off for Kohl's Rewards Members, Save up to $15 with TurboTax coupon April 2023, Epic Bundle - 3x Expert Stock Recommendations, 15% Off DIY Online Tax Filing Services | H&R Block Coupon Code. As the Co-President of Apollo Global Management Inc, the total compensation of Scott Kleinman at Apollo Global Management Inc is $18,615,200. And then later deciding on the job they want because of the ability to work from home. Scott: Theres over $1 trillion on the sidelines in the United States that could be deployed. He received his undergraduate degree from the University of Pennsylvania and an undergraduate degree from The Wharton School of the University of Pennsylvania. Broadband and online services are a prerequisite for success in most of America. Apollo is a high-growth, global alternative asset manager. 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. David Sambur, left, and Matt Nord have overseen several recent Apollo deals. Kappa. To learn more, please visit www.apollo.com. Data delayed 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. I am certainly an advocate of the free market, without any question, Scott told me in an interview. RT=Real-Time, EOD=End of Day, Prior to Lazard, Mr. Emerson held senior roles with The Blackstone Group and Morgan Stanley & Co. Mr. Emerson has a BA and MA in Economics and a JD from Stanford University, and an MBA from Dartmouth College. positions of Co-President will be effective as of January 1, 2018, and non-historical statements in the discussion and analysis. Ms. Joyner served as an independent director of Apollo Asset Management, Inc.s board of directors from March 2021 through December 2021. How do you approach this as a Republican, when the classic Republican thinking is, Just let the market decide? received a BA and BS from the University of Pennsylvania and the Wharton Apollo believes these factors include but are not limited to those described under the section entitled Risk Factors in Apollo's annual report on Form 10-K filed with the Securities and Exchange Commission (the SEC) on March 1, 2023, as such factors may be updated from time to time in Apollo's periodic filings with the SEC, which are accessible on the SECs website at www.sec.gov. During the early 70s, he was also instrumental in establishing the first Foreign Trade Zone in South Carolina and today owns two such trade zones where many Quattlebaum Development Company properties are located. Apollo had assets under management Our ability to deploy capital at scale across sectors and strategies can provide attractive, diversified exposure to this generation-defining opportunity to address climate change, said Olivia Wassenaar, Apollos Head of Sustainable Investing. Alex, who has traveled, worked and lived across the world, made his first entry on the international scene as one of the original 35 members of the Peace Corps in 1961. Prior to joining Apollo, Mr. Kleinman was a member of the Investment Banking division at Smith Barney Inc. Pauline Richards serves as an independent director and Chair of the audit committee of Apollo Asset Management, Inc.s (AAM) board of directors. He is an Executive Committee member of the Civil Society Fellowship, a partnership of ADL and the Aspen Institute, designed to empower the next generation of community leaders and problem solvers. and director of Apollo Investment Corporation. 1 This figure reflects a combination of equity commitments and anticipated pro forma leverage.2 Reflects (a) for equity investments: (i) total enterprise value at time of signed commitment for initial equity commitments; (ii) additional capital contributions from Apollo funds and co-invest vehicles for follow-on equity investments; and (iii) contractual commitments of Apollo funds and co-invest vehicles at the time of initial commitment for preferred equity investments; (b) for debt investments: (i) purchase price on the settlement date for private non-traded debt; (ii) increases in maximum exposure on a period-over-period basis for publicly-traded debt; (iii) total capital organized on the settlement date for syndicated debt; and (iv) contractual commitments of Apollo funds and co-invest vehicles as of the closing date for real estate debt; (c) for SPACs, the total sponsor equity and capital organized as of the respective announcement dates; (d) for platform acquisitions, the purchase price on the signed commitment date; and (e) for platform originations, the gross origination value on the origination date.3 Midpoint of low-end and high-end estimated energy and infrastructure spend required to achieve net zero over the next 30 years per BloombergNEF, July 2021. In addition, he makes $18,615,200 as Co-President at Apollo Global Management Inc. Scott has made over 6 trades of the Apollo Global Management Inc stock since 2019, according to the Form 4 filled with the SEC. Mr. Kleinman will focus on Apollos equity and opportunistic When used in this press release, the words believe, anticipate, View source version on businesswire.com: http://www.businesswire.com/news/home/20171113005364/en/, For investor inquiries regarding Apollo:Apollo Global Management, Q&A: Siemens CEO sees a skills gap in the U.S. Is our education system the right fit for American workers. And if our goal is to make sure that we spread opportunities and success throughout this nation in an even way, we have to focus first on the education system, particularly the education system in the poorest parts of this country. Scott grew up in poverty, spending his high school years living in this apartment complex in North Charleston. Mr. Kleinman, who focuses on Apollos equity and opportunistic businesses, joined Apollo in 1996, and in 2009 he was named Lead Partner for Private Equity, a position he held until October 2019. 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. They have also been very involved in the day-to-day operations of Apollos flagship private equity business and have established themselves as leaders from a strategy and culture standpoint.. ability to manage our growth, fund performance, changes in our of the Management Committee include: Gary Parr, Senior Managing Mr. Krongard served as the Lead Director of Under Armour, Inc. from 2006 to 2020. our Subscriber Agreement and by copyright law. Whether building a brand new facility or tailoring an existing facility to fit a company's needs, Quattlebaum Development Company works to find the right solution for each company's unique situation, completing projects quickly and efficiently. Today, he has handed the reigns over to his sons, Alex, III, and Scott Quattlebaum. They are very difficult to separate. Over the last 12 years, insiders at Apollo Global Management Inc have traded over $788,563,094 worth of Apollo Global Management Inc stock and bought 17,338,191 units worth $468,582,107 A lot of times, when were talking about economic opportunity and inequality, theres a tension there. Alex Quattlebaum, Jr., joined the company in 1965, moving from assistant superintendent to eventually president and CEO. She has been a fellow at the Harvard Kennedy Schools Institute of Politics and Harvards Center for Public Leadership. [II Deep Dive:Apollos Josh Harris Talks Private Markets at Delivering Alpha]. a member of Apollos Management Committee, and Chief Executive Officer Senator Toomey previously served in the U.S. House of Representatives from 1999 to 2005, where he was a member of the House Budget Committee. 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. of the worlds leading alternative investment managers.. in History from the State University of New York at Albany. Chairman, Chief Executive Officer and Founder, Josh Harris, Senior Ms. Hormozi was Executive Vice President and General Counsel of Revlon, Inc. from April 2015 to July 2019, where she was responsible for overseeing Revlons legal affairs worldwide. Banking division at Smith Barney Inc. Mr. Kleinman serves on the board that oversees the Duke University Endowment and Duke University bench of world-class talent that we continue to develop and promote at He serves on the board of directors of Apollo Global Management Inc., Athene Holding Ltd. and Athora Holding Ltd, and certain other affiliated public vehicles. Mr. Krongard also serves as an independent director and a member of the audit committee of Apollo Global Management, Inc.s board of directors. In its early days, the company focused on general construction throughout the area, building roads and homes. 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. In addition, he is involved in public policy and is an initial funder and contributor to the development of the Penn Wharton Budget Model, a nonpartisan research initiative which provides analysis of public policys fiscal impact. Market Data copyright 2023 QuoteMedia. Dr. Healey is the inaugural president of the Milken Center for Advancing the American Dream in Washington, DC. Scott, the first African-American senator from South Carolina since the end of Reconstruction, grew up in working-class poverty. These statements include, but are not limited to, discussions WebScott Kleinman is Co-President of Apollo Global Management, Inc., co-leading Apollos day-to-day operations including all of Apollos revenue-generating businesses and Alex's knowledge and experience have taken him all over the world to almost 35 countries in Europe, South America, Africa, Asia and the Caribbean, and he speaks Swahili, Spanish and is conversant in other languages. Prior to 1998, Mr. Krongard served in various capacities at Alex Brown, Incorporated, including serving as Chief Executive Officer beginning in 1991 and assuming additional duties as Chairman of the board of directors in 1994. Ms. Richards also serves as an independent director and Chair of the audit committee of Apollo Global Management, Inc.s board of directors. LLCGary M. Stein, 212-822-0467Head of Corporate Distribution and use of this material are governed by If you're happy with cookies click proceed. Mr. Rowan is a Co-Founder and CEO of Apollo Global Management, Inc. To see how cookies are used, please review our cookie notice. But in order for that to happen, were going to have to do that in a bipartisan fashion or it just will not happen. Mr. Swann is president of Swann, Inc., a marketing and consulting firm he founded in 1976. from New York University and graduated magna cum laude with a B.A. Apollos patient, creative, and knowledgeable approach to investing aligns its clients, businesses it invests in, its team members, and the communities it impacts, to expand opportunity and achieve positive outcomes. For non-personal use or to order multiple copies, please contact Scott, who has served in the Senate since 2013, often shares his experience growing up poor in North Charleston and what inspired him to overcome those struggles. Mr. Simon has been the CEO of Simon Property Group or its predecessor since 1995 and President of Simon Property Group since February 2019. Prior to Evercore, Mr. Emerson served as Senior Vice President, Corporate Development and Strategy, of Microsoft Corporation, reporting directly to the Chief Executive Officer and serving on the executive leadership team, with responsibility for all acquisitions, investments, strategic partnerships and corporate strategy. But how much do you worry now about that growing deficit and the debt on economic growth and interest rates going forward? Jessica Bibliowicz serves as an independent director and member of the audit committee of Apollo Asset Management, Inc.s board of directors. equity, credit or real estate funds, market conditions, generally, our Scott Kleinman, 44, is the Lead Partner for Private Equity and a member Given the approximately $4.5 trillion in investments needed annually to achieve the global energy transition by 2050, ACT Capital seeks to accelerate the pace of climate and transition capital deployment.3 ACT Capital will leverage the breadth of Apollos sourcing capabilities across market cycles to target global opportunities in energy transition, industrial decarbonization, sustainable mobility, sustainable resource use, and sustainable real estate. As of December 31, 2022, Apollo had approximately $548 billion of assets under management. | Raymond McCrea Jones for POLITICO. Michael Ducey serves as an independent director and a member of the audit committee of Apollo Asset Management, Inc.s (AAM) 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. under the section entitled Risk Factors in Apollos annual report on of Apollos Management Committee. Although management believes that Unfortunately, at the exact same time, what were seeing is that spending has not leveled off, its not plateaued. April 26, 2023 08:00 ET 15 minutes unless otherwise indicated (view opportunity to take on this new role. From July 2010 to May 2011, Mr. Ducey was a member of the board of directors and served on the audit committee of Smurfit-Stone Container Corporation.
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