Apollo Global Management

APO

Apollo Global Management, Inc., is a global alternative investment manager firm. It was founded in 1990 by Leon Black, Josh Harris, and Marc Rowan. Apollo is headquartered in New York City, with offices across North America, Europe and Asia. The company's stock is publicly traded on the NYSE under the symbol 'APO'. The firm specializes in investing across credit, private equity, and real assets.Apollo Global Management reported $414B of assets under management at the end of June 2020. Around 72% of assets are in the credit business ($300.4B as of last quarter close). Around 18% of assets ($73.3B as of last quarter close) are in private equity. The remaining 10% of assets are in real assets ($39.9B as of last quarter close). Around 66% of assets are in the credit business ($209.7B as of last quarter close). Around 21% of assets ($67.7B as of last quarter close) are in private equity.

Apollo Global Management has been a target of short sellers for a while. The current short interest of 3.98% is roughly at the average of the last 12 months (5.02%).