Apollo Global Management is a leading global alternative investment firm founded in 1990 by Leon Black, Joshua Harris, Marc Rowan, and Tony Ressler, all former Drexel Burnham Lambert bankers. The firm initially focused on distressed debt and leveraged buyouts, capitalizing on undervalued or distressed assets shortly after Drexel’s collapse[1][2][3][5]. Headquartered in New York City with offices worldwide, Apollo has evolved from a traditional private equity firm into a diversified asset manager with a strong emphasis on insurance and credit businesses[2][6]. Apollo’s growth trajectory includes significant milestones such as launching Apollo Investment Corporation in 1995 to expand into middle-market direct lending, acquiring Vail Resorts in 2004, and founding Athene Holding Ltd. in 2007, which marked its entry into the insurance sector[1][5]. The company went public in 2011, enhancing its capital access and market profile[1][2][5]. In 2022, Apollo merged fully with Athene, integrating its life insurance and annuities business to become a major player managing retirement savings alongside traditional private equity investments[5][6]. Today, Apollo manages over $750 billion in assets, making it one of the largest alternative asset managers globally. Its strategy includes private equity, credit, real estate, and insurance solutions, with a focus on creating value through opportunistic investments in distressed assets and stable returns via insurance liabilities[6][9]. The firm’s innovative approach combines asset-heavy insurance-backed credit with traditional investment management, aiming for repeatable superior returns and expanding its global wealth management capabilities[4][6]. Apollo’s leadership under CEO Marc Rowan continues to drive its transformation into a financial powerhouse with ambitions exceeding $1 trillion in assets under management[3][6]. Notably, Apollo’s story involves navigating complex regulatory environments, pioneering large leveraged buyouts, and evolving its business model to blend private equity with insurance-driven credit, distinguishing i