Ms. Richards also serves as a member of the Audit and Governance Committees of the board of directors of Wyndham Hotels and Resorts. Prior to mid-2018, Ms. Richards served on the board of Wyndham Worldwide, a position she held since 2006; is a director of Hamilton Insurance Group, serving on the audit and investment committees, a position she has held since 2013. So its a phenomenal incentive for people to take a second look at areas that they would not necessarily pay attention to because they would feel like the return is too low, or the risk is too high. Apollo RT=Real-Time, EOD=End of Day, Mr. Clayton also is a Senior Policy Advisor to Sullivan & Cromwell LLP, and has advisory roles with several private companies and non-profit organizations, including the Board of Trustees of Lehigh University and the Advisory Council of the National Association of Securities Professionals (NASP). Prior to her public service, Dr. Healey worked for more than a decade as a public policy consultant to the United States Department of Justice for Cambridge-based think tank Abt Associates. Apollo Launches $4 Billion Clean Energy Transition Strategy With approximately two million square feet in its inventory, Quattlebaum Development Company currently owns McQueen Park in Jedburg, Cainhoy Park and McCall Center in Charleston, Tri-County Industrial Park in Summerville and Florence Industrial Park in Florence. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. During the early 1970s, Alex was instrumental in creating the first Foreign Trade Zone in South Carolina and has owned and operated Foreign Trade Zones since 1974. We always struggle with an even spread of resources, he said, noting that one way government can address this is to ensure better access to broadband internet outside of major metropolitan centers. Mr. Emerson served as an independent director of Apollo Asset Management, Inc.s board of directors from March 2021 through December 2021. Ms. Richards also served as a member of the Audit Committee and chair of the Corporate Governance Committee of the board of directors of Butterfield Bank from 2006 to 2013. He began his career in financial services at Chemical Bank and then Morgan, Grenfell & Co. Apollo businesses. https://www.wsj.com/articles/apollo-taps-new-co-heads-of-private-equity-business-11569495601. In their new capacities, Mr. Kleinman and Mr. Zelter will have full Mr. Swann has served as director of Athene Holding Ltd. since September 2020. Apollo's S3 launch: Expect the firm to become a meaningful secondaries player With the launch of S3, Apollo becomes 'much more of a one-stop relationship' for GPs, co-president Scott Kleinman tells Secondaries Investor. media inquiries regarding Apollo:Rubenstein Associates, Inc. for (AUM) of approximately $242 billion as of September 30, 2017 in Private to have been correct. Corner Office, This content is from: WebScott Kleinman joined Apollo Global Management, in 1996 and is currently the Co-President. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. 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. Between the trio, they bring some 60 years of experience working in industrial development both locally and across the world and offer a tremendous knowledge of the people, laws, land and business of South Carolina. About 70maybe its 67 percent67 percent of the budget is on automatic increase because those are our mandatory spending programs. Investments, and prior to that he was responsible for the firms Global But how much do you worry now about that growing deficit and the debt on economic growth and interest rates going forward? Scott Kleinman is Co-President of Apollo, sharing responsibility for all of Apollos revenue-generating and investing business across its integrated alternative When he isn't doing business across the globe, he keeps himself busy with an assortment of hobbies. The appointments of Mr. Kleinman and Mr. Zelter to the newly created Mr. Suydam received his J.D. He is a member of the Duke University Board of Trustees and a board member of DUMAC, Inc., the investment management company that oversees the Duke University endowment. Theres over a trillion dollars on the sidelines that could be deployed, he told me. of the worlds leading alternative investment managers.. Scott: Sure. In 2014, Mr. Kleinman founded the Kleinman Center for Energy Policy at the University of Pennsylvania. For Communicationsgstein@apollolp.comorNoah In addition to these two appointments, Apollo announced the promotions of senior partners Olivia Wassenaar and Geoff Strong to co-leads of the firms natural resources business, which has approximately $5 billion in assets under management. Apollo Global Management, Inc. High Yield franchise. In their new roles, Nord and Sambur will continue to report to Kleinman, who had served as the lead partner for private equity since 2009. At Quattlebaum Development Company, integrity is paramount and is evidenced through the company's repeat customers, who range from first-time business owners to billion-dollar companies, like Caterpillar and Corning, Inc. Scott Kleinman: Apollo Global Managements Child Prodigy Higher unemployment typically leads to more government services. Mr. Clayton previously served as Non-Executive Chair of the board of directors of AAM, from March 21, 2021 through December 2021, and prior to that time, served as Lead Independent Director of the board of directors of AAM effective March 1, 2021. When we think of using the tax code to effect economic change and stimulate investment, we tend to think of it as something that Democrats do more than Republicans. website at www.sec.gov. View source version on businesswire.com: http://www.businesswire.com/news/home/20171113005364/en/, For investor inquiries regarding Apollo:Apollo Global Management, Japan Center for International Exchange He is a supporter of the Tara Hall Home for Boys in Georgetown, S.C., and the Windwood Farm Home for Children in Awendaw, S.C., and a member of the Gibbes Museum of Art and the Charleston Museum. And the real question is, how do we break that cycle? In 2014, Mr. Kleinman founded the Kleinman Center for Energy Policy at What type of business do you see taking advantage of this Opportunity Zone? in Engineering from the University of Pennsylvania (summa cum laude), a B.A. During the 1950s, as many textile mills began to move to the area, the company became one of the first South Carolina design-build firms, designing and building many of these industrial plants. Ms. Bibliowicz also serves as an independent director and a member of the audit committee of Apollo Global Management, Inc.s board of directors. 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. Senator Toomey has a B.A. Back on U.S. soil and after graduating from Clemson in 1965, Alex began working for his family's construction company, which moved to Charleston in 1974, in a variety of roles, rising from assistant superintendent to president. In connection with these appointments, the current roles of Leon Black, Apollo Global Management, LLCCharles Zehren, 212-843-8590czehren@rubenstein.com. net income and cash flow, our use of leverage to finance our businesses Dr. Healey holds an AB in government from Harvard College and a PhD in political science and law from Trinity College, Dublin. Corner Office. 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. Prior to joining Compass Minerals International, Inc., Mr. Ducey worked for nearly 30 years at Borden Chemical, Inc., in various management, sales, marketing, planning and commercial development positions, and ultimately as President, Chief Executive Officer and Director. Mr. Rowan is a Co-Founder and CEO of Apollo Global Management, Inc. 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 In the asset management business, Apollo seeks to provide its clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid, and equity. So when you take those dots and you connect them back, what do you find? Currently, Mr. Rowan is Chair of the Board of Advisors of The Wharton School and a member of the University of Pennsylvanias Board of Trustees. Mr. Emerson has spent his entire career in investment banking and corporate finance. The company has approximately two million square feet in its current inventory across five properties, all located in Foreign Trade Zones and in the Southeast. The $100 billion question - The Agenda Mr. Clayton is also a member of the Federal Deposit Insurance Corporations Systemic Resolution Advisory Committee. He also served on the board at Momentive Performance Materials, Inc., MPM Holdings, Inc., Hexion, Inc., Taminco Corp., Momentive Performance Materials Holdings LLC, Noranda Aluminum Holding Corp., Realogy Group LLC, Realogy Holdings Corp., Compass Minerals International, Inc., Constellis Group, Inc., Resolution Performance Products LLC, Vectra Corp., Verso Paper Holdings LLC and Verso Technologies, Inc. Scott: We could spend a long time talking about education because I think it really is the forerunner to opportunity. In addition, Mr. Belardi is the founder, Chairman and Chief Executive Officer of ISG, AHLs investment manager. Prior to founding AHL and ISG, Mr. Belardi was President of SunAmerica Life Insurance Company and was also Executive Vice President and Chief Investment Officer of AIG Retirement Services, Inc., where he had responsibility for an invested-asset portfolio of $250 billion. Scott Kleinman - Biography - MarketScreener.com These statements include, but are not limited to, discussions Our economy is absolutely moving in the direction of people deciding the quality of life they want, the location they want. Republican Tim Scott Will Challenge Trump in May for the 2024 Unfortunately, at the exact same time, what were seeing is that spending has not leveled off, its not plateaued. global investment platform with $242 billion of total assets under And then later deciding on the job they want because of the ability to work from home. Foundation.Mr. Zelter has a degree in Economics from Duke University. Global Head of Human Capital; Anthony Civale, Lead Partner and Chief Wassenaar joined Apollo as a partner in August of last year, while Strong has been at the firm since 2012. The second is the education pillar. in conjunction with the other cautionary statements that are included in Scott: I was at lunch today with some folks and the primary question on their minds was the national debt and how we wrestle with that. structure affirms and strengthens the inherent power of our integrated Apollo Global Management, LLC (together with its consolidated A.B. Alex Quattlebaum, Jr., joined the company in 1965, moving from assistant superintendent to eventually president and CEO. Mr. Swann received a Bachelor of Arts from the University of Southern California. But we do have to wrestle with the long-term consequences of mandatory spending that we havent wrestled with before. estimate, expect, intend and similar expressions are intended to The estimated Net Worth of Scott Kleinman is at least $114 Million dollars as of 19 February 2021. A lot of times, when were talking about economic opportunity and inequality, theres a tension there. Mr. Ducey was with Compass Minerals International, Inc., from March 2002 to May 2006, where he served in a variety of roles, including as President, Chief Executive Officer and Director prior to his retirement in May 2006. He has an unlimited construction license and a real estate brokerage license and serves as a member of several organizations, including the Charleston Regional Development Alliance, Charleston Trident Association of Realtors, National Association of Realtors and the Carolina Yacht Club. result of new information, future developments or otherwise, except as Mr. Simon earned a B.S. Quattlebaum Development Company is a third generation family-owned and operated real estate development company in Charleston, S.C., specializing in industrial sites. The Asia Pacific Groupheld its annual regional meeting in Tokyo on November 19-20, 2022. Scott attended the College of Charleston and also holds an associate's degree in construction project management. Jessica Bibliowicz serves as an independent director and member of the audit committee of Apollo Asset Management, Inc.s board of directors. Apollo Global Management Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Copyright 2023 The Trilateral Commission | All rights reserved. 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. Mr. Kleinman was previously employed as a Founder by Kleinman Center for Energy Policy, a Member-Supervisory Board by LyondellBasell Industries NV, a Chairman by Verso Corp., a Partner by Apollo Management LP, a Principal by Smith Barney, Inc., and an Independent Director by CH2M HILL Cos. Ltd. Greg Beard, who until now served as global head of natural resources, will transition to a role as a senior advisor, according to the announcement. School of Business, respectively, graduating magna cum laude, Phi Beta received a BA and BS from the University of Pennsylvania and the Wharton Today, he has handed the reigns over to his sons, Alex, III, and Scott Quattlebaum. She is a member of the Council on Foreign Relations and the Trilateral Commission, and a trustee of the American University of Afghanistan and the American University of Bahrain. When Scott Kleinman joined Apollo Global Management in 1996, the firm founded by Leon Black, Mark Rowan and Josh Harris as a distressed debt specialist Dr. Healey served as an independent director of AAMs board of directors from March 2021 through December 2021. Board & Executive Officers :: Apollo Global Management, Inc. (APO) The Quattlebaum family emphasizes hands-on management, down to the smallest details, including being on site for all phases of construction for every property. Mr. Zelter is also a member of the board of directors and the executive committee of the board of directors of Apollo Global Management, Inc. Apollo had assets under management of approximately $433 billion as of September 30, 2020 in credit, private equity and real assets funds invested across a core group of nine industries where Apollo has considerable knowledge and resources. White: Its somewhat ironic that Im recording this with you and talking to you from my basement in Englewood, New Jersey, even though I work for POLITICO. Previously, she held senior positions at Bowman Capital Management LLC and Capital Guardian Trust Company. Prior to joining Apollo, Mr. Kleinman was a member of the Investment Banking division at Smith Barney Inc. But in order for that to happen, were going to have to do that in a bipartisan fashion or it just will not happen. [II Deep Dive:Apollos Josh Harris Talks Private Markets at Delivering Alpha]. WebScott Kleinman Co-President, Apollo Global Management Scott Kleinman (C94, W94), along with his wife Wendy Kleinman, established the Kleinman Center with a generous $10 million gift to the Stuart Weitzman School of Design. 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. Ms. Hormozi received a Bachelor of Arts in history from the University of Michigan and a Juris Doctor from the New York University School of Law. For more than three decades, Apollos investing expertise across its fully integrated platform has served the financial return needs of its clients and provided businesses with innovative capital solutions for growth. There are 17 older and 2 younger executives at Apollo And in the next couple of years, $100 billion or more. of directors of Constellis Holdings, CH2M Hill Companies, Ltd., Hexion This new leadership Data delayed About | QDevCo On average, Apollo Global Management Inc executives and independent directors trade stock every 17 days with the average trade being worth of $20,784,123. Mr. Ducey joined Ciner Resources Corporation (formerly OCI Resources LP) as an independent member of the board of directors in September 2014, where he serves on the audit committee and the conflicts committee. Apollo Global Management Inc. has promoted two longtime partners to lead its private-equity business, which has $77 billion in assets. Scott Kleinman is 47, he's been the Co-President of Apollo Global Management Inc since 2018. Give The correlation, of course, is that education and opportunity are like wet and water. Today, the company is run by Alex, Jr.'s sons, Alex, III and Scott Quattlebaum, and focuses on both industrial and commercial development. The idea for Opportunity Zones initially came from the Economic Initiative Group, a D.C. think tank set up by Sean Parker, the tech billionaire who co-founded Napster and served as the first president of Facebook. the expectations reflected in these forward looking statements are 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. As the American economy has grown more unequal, with urban areas thriving and rural areas falling behind, free-market Republicans have generally stayed away from the debate about potential government solutions. from New York University and graduated magna cum laude with a B.A. Scott Kleinman is 47, he's been the Co-President of Apollo Global Management Inc since 2018. Mr. Kleinman a High Yield Trader at Goldman Sachs & Co. Mr. Zelter is a board member of DUMAC, the investment management company He is a member of AHLs executive committee and ISGs executive committee. Through Athene, Apollos retirement services business, it specializes in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. So in the next several months, $25 billion to $30 billion. There are 1 executives at Apollo Global Management Inc getting paid more, with JamesZelter having the highest compensation of $85,389,504. bench of world-class talent that we continue to develop and promote at Apollos Josh Harris Talks Private Markets at Delivering Alpha, Apollo Global Names Two Executives Co-Presidents, Asian SWFs Step Up Their Co-investment Game, U.S. Senate Has HELP for Retirement Plans, Modern Slavery Act Transparency Statement. White: Have you put a dollar figure on how much investment you think that this tax program could generate? Harry Lee Harllee, the great uncle of today's company principals, as Harllee Construction Company in Florence, S.C. Vectra Co. Market Data powered by | Raymond McCrea Jones for POLITICO. He served on the board of Fenner, PLC from January 2017 to June 2018 and served on the Audit, Governance and Remunerations Committees. in political science from Harvard University. 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. publicly update or review any forward-looking statements, whether as a In a paper earlier this year, Adam Looney, senior fellow at the Urban-Brookings Tax Policy Center, said there isnt good evidence that tax incentives actually boost low-income local residents; Empowerment Zones, a previous government effort to boost troubled areas, wound up costing $850 per resident and in the end was limited to just 11 neighborhoods. they will report to Mr. Harris. 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. Apollo Names Two New Co-Heads of its Private Equity Business Prior to that time, Mr. Suydam served as Chairman of the law firm OSullivan, LLP which specialized in representing private equity investors. delay times for all exchanges). There are 17 older and 2 younger executives at Apollo Global Management Inc. He also previously worked on-air as a host, reporter and analyst for the American Broadcast Company (ABC-TV) for nearly 30 years and served as chairman of the national board of Big Brothers Big Sisters of America. Scott Kleinman, 44, is the Lead Partner for Private Equity and a member continue to deliver value to investors and drive Apollo forward as one 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. Apollo II is led by CEO Sanjay Patel, Executive Chairman Scott Kleinman and CFO and Chief Acccounting Officer James Crossen. David Sambur, left, and Matt Nord have overseen several recent Apollo deals. Mr. Simon has been the CEO of Simon Property Group or its predecessor since 1995 and President of Simon Property Group since February 2019. These statements are subject to certain risks, 15 minutes unless otherwise indicated (view Scott M. Kleinman serves as Co-President of the Company. It certainly allows for the creation of jobs and, frankly, for a walkable economy, for the ability to walk to work. If you agree to our use of cookies, please continue to use our site. Krongard serves as an independent director and a member of the audit committee of Apollo Asset Management, Inc.s (AAM) board of directors. Apollo is a leading global alternative investment manager with offices in New York, Los Angeles, San Diego, Houston, Bethesda, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Singapore, Hong Kong, Shanghai and Tokyo. Most recently he sold 200 units of APO stock worth $10,418 on 19 February 2021. Apollo Global Management Announces Leadership Changes We are thrilled to extend our long track record in this area and expand our commitment to driving a more sustainable future, recognizing the urgent need for climate capital deployment, said Apollo Co-President Scott Kleinman. amended. As long as there is need, I think the Opportunity Zone legislation provides an answer for those areas. Scott Kleinman - Apollo Global Management We He is a member and former chairman of the National Association of Real Estate Investment Trusts. from the Indiana University Kelley School of Business and an MBA from Columbia University. their distinguished careers, said Mr. Black. He is a member of the Board of Overseers Thats one of the fictional stories that you can find out there. Apollo Launches Clean Transition Capital Strategy to businesses, and Mr. Zelter will focus on Apollos credit and yield From 2002 to 2006, Mr. Suydam was a partner at OMelveny & Myers LLP where he served as head of Mergers and Acquisitions and co-head of the Corporate Department. An increase in 17 percent to $779 billion in deficit for the last fiscal year. And hes championed essentially the only congressional effort to close this economic divide during Donald Trumps presidency. I think a realistic estimate in the first few years would be about $100 billion. Equity ($70 billion of AUM), Credit ($158 billion of AUM) and Real
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