And hes championed essentially the only congressional effort to close this economic divide during Donald Trumps presidency. From 2009 to 2017, Mr. Clayton was a Lecturer in Law and Adjunct Professor at the University of Pennsylvania Law School and since July 2021 has been an Adjunct Professor at both the Wharton School and the Carey Law School of the University of Pennsylvania. In 2014, Mr. Kleinman founded the Kleinman Center for Energy Policy at the University of Pennsylvania. When that happens, you see the most even spread of our resources. We are going to have to not look at cutting benefits for our current people. executive leadership team with the elevation of Scott Kleinman and James What else can Washington be doing to kind of work with states to address this problem of access to opportunity? Ms. Richards was also a member of the conflicts committee of AAMs board of directors from October 2020 through December 2021. As of 19 February 2021 he still owns at least 1,460,908 units of Apollo Global Management Inc stock. You can see the complete history of Mr. Kleinman stock trades at the bottom of the page. They both will continue to serve on the investment 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. In addition to chairing the SEC, he was a member of the Presidents Working Group on Financial Markets, the Financial Stability Oversight Council and the Financial Stability Board. Let me give you just two real-world examples. RT=Real-Time, EOD=End of Day,
at the University of Pennsylvania School of Design. Marc Rowan, chief executive officer of Apollo Global Management Inc., gave $150,000, Director; Joseph Azelby, Global Head of Real Assets; Lisa Bernstein, Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Scott Kleinman - Apollo Global Management of Apollos Management Committee. Mr. Kelly received a degree in Commerce, majoring in Finance and Accounting, from the University of New South Wales in 1989. 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. He received degrees from both the university and the Wharton School, graduating magna cum laude in 1994. this press release and in other filings. 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.. Higher unemployment typically leads to more government services. Apollo co-president Scott Kleinman said, We believe ACT Capital is a premier financing solution for companies around the globe who require significant, flexible capital to support their energy transition efforts. Mr. Rowan is a Co-Founder and CEO of Apollo Global Management, Inc. These statements include, but are not limited to, discussions This founding gift continues to support the center and its broad array of programs. 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. Apollo Global Management Inc. has promoted two longtime partners to lead its private-equity business, which has $77 billion in assets. 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. bench of world-class talent that we continue to develop and promote at
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.
Ms. Joyner served as an independent director of Apollo Asset Management, Inc.s board of directors from March 2021 through December 2021. Scott: Ben, thats a great question. The $100 billion question - The Agenda Its application is universal. And as that company grows, you would see how quickly investors might find it attractive not only do you have the tax deferral from your initial tax burden, but as your company starts to grow in that zone, that growth is capital gains tax free during those first 10 years of your growth. Walter Joseph (Jay) Clayton III serves as non-executive Chair, Chair of the executive committee and a member of the nominating and corporate governance committee of the AGM board of directors. Apollo Taps New Co-Heads of Private-Equity Business - WSJ I think a realistic estimate in the first few years would be about $100 billion. Apollo Global Management Announces Leadership Changes 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). Operating Officer - Credit; Stephanie Drescher, Global Head of Business estimate, expect, intend and similar expressions are intended to 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. But how much do you worry now about that growing deficit and the debt on economic growth and interest rates going forward? And so you could see the development of a support company for the Boeing Corporation here in North Charleston, whether its providing paint for the planes, or rubber for the wheels, or any other aspect of the engineering for the planes, theres a ton of opportunities out there that you could see. responsibility for all of Apollos revenue-generating and investing more information about Apollo, please visit www.agm.com. The unseen reason working-class students drop out. Quattlebaum Development Company is a third generation family-owned and operated real estate development company in Charleston, S.C., specializing in industrial sites. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Mr. Kleinman is Co-President of Apollo Global Management, Inc. since January 2018, with responsibility for all of Apollos revenue-generating and investing business across its integrated alternative investment platform. Apollo Names Two New Co-Heads of its Private Equity Business, This content is from:
Alex Quattlebaum, Jr., CEO of Quattlebaum Development Company, was born with engineering in his blood. Apollo had assets under management of approximately $312 billion as of June 30, 2019 in private equity, credit and real assets funds invested across a core group One of the things that was clear to most of us at the table is that the tax cuts, so far, have actually increased revenues to the federal government, not decreased it. 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. 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. identify forward-looking statements. In its early days, the company focused on general construction throughout the area, building roads and homes. Banking division at Smith Barney Inc. Mr. Kleinman serves on the board Portfolio. Im sure youre probably hopeful that the tax cuts will pay for themselves long term. Marc A. Beilinson serves as an independent director and Chairperson of the compensation committee of our board of directors. He is a member of the Board of Overseers at the University of Pennsylvania Stuart Weitzman School of Design and a member of the Board of Directors of White Plains Hospital, where he co-chaired the COVID-19 Relief Campaign. An increase in 17 percent to $779 billion in deficit for the last fiscal year. Mitra Hormozi serves as an independent director and a member of the nominating and corporate governance and sustainability and corporate responsibility committees of our board of directors. He is a member of the Carolina Yacht Club, the Country Club of Charleston, and the St. Andrews Society. Scott Kleinman - Co-President - Apollo Global Management Inc. Before coming to Babson, she served with distinction as the 70th lieutenant governor of Massachusetts from 2003 to 2007, where she worked to lead, enact, and implement a wide range of policy and legislative initiatives for the Romney-Healey Administration. He served on the board of Fenner, PLC from January 2017 to June 2018 and served on the Audit, Governance and Remunerations Committees. From May 2006 to July 2016, Mr. Ducey was a member of the board of directors of Verso Paper Holdings, Inc. and served as Chairman of the audit committee. from the Indiana University Kelley School of Business and an MBA from Columbia University. 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. QuoteMedia. Apollo Global Management, LLCCharles Zehren, 212-843-8590czehren@rubenstein.com. What happens is, as we grow the pie, we see more folks being able to engage in finding and chasing the American dream, which is the fastest way to actually even out the recovery. Apollo Mr. Kleinman serves on Apollos Management and Executive Committees. School of Business, respectively, graduating magna cum laude, Phi Beta The new strategy is being launched with $4 billion in capital from Apollo affiliates and strategic partners. 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. 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. 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. Scott M. Kleinman serves as Co-President of the Company. Scott Kleinman - Apollo Global Management | SuperReturn To learn more, please visit www.apollo.com. Mr. Belardi is Co-Founder of Athene Holding Ltd. (AHL), and has served as AHLs Chairman, Chief Executive Officer and Chief Investment Officer since May 2009. 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 Mr. Belardi swam in the 1976 and 1980 Olympic Swimming Trials and is a nine-time Masters Swimming World Record Holder. Donor Carl Goldsmith Scott Kleinman is Co-President and a member of the board of directors of Apollo Asset Management, Inc. (AAM). Richard Emerson serves as an independent director and a member of the compensation committee of our board of directors. 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. But we do have to wrestle with the long-term consequences of mandatory spending that we havent wrestled with before. Mr. Emerson joined Microsoft from investment bank Lazard Ltd., where as a Senior Managing Director, he established and ran the west coast office, and advised clients on industry defining mergers, acquisitions and related financial transactions. This press release may contain forward looking statements that are Dr. Healey is the inaugural president of the Milken Center for Advancing the American Dream in Washington, DC. 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. ability to manage our growth, fund performance, changes in our WebMr. WebScott Kleinman joined Apollo Global Management, in 1996 and is currently the Co-President. Apollo Strategic Growth Capital II (APGB) Postpones Extension Vote. extraordinary job overseeing the growth of our credit business into one
We sought to build this transformational platform to meet what we view as an underserved need in the climate finance marketplace for both investors and industry participants.. Senator Toomey represented Pennsylvania in the U.S. Senate from 2011 to 2023, serving on the Senate Banking, Housing, and Urban Affairs; Budget; and Finance Committees, as well as the Joint Economic Committee and the Joint Select Committee on Deficit Reduction. He also chaired the Subcommittee on Financial Institutions and Consumer Protection. They are very difficult to separate. I think a realistic estimate in the first few years would be about $100 billion. When used in this press release the words believe, anticipate, estimate, expect, intend and similar expressions are intended to identify forward-looking statements. 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. Senator Toomey has a B.A. Recent Posts. Q&A: Siemens CEO sees a skills gap in the U.S. Is our education system the right fit for American workers. of directors of Constellis Holdings, CH2M Hill Companies, Ltd., Hexion Scott Kleinman - Co-Preside.. - Apollo Global Management Scott Kleinman is Co-President of Apollo, sharing responsibility for all of Apollos revenue-generating and investing business across its integrated alternative A certified pilot, he has flown across the U.S., Canada and the Caribbean. Equity ($70 billion of AUM), Credit ($158 billion of AUM) and Real In connection with these appointments, the current roles of Leon Black, Alex lives in Charleston with his wife Kimberly and sons Mac and John Henry. If you agree to our use of cookies, please continue to use our site. 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. Mr. Rowan graduated summa cum laude from the University of Pennsylvanias Wharton School of Business with a BS and an MBA in Finance. This copy is for your personal, non-commercial use only. 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 largest alternative credit platforms., Mr. Kleinman and Mr. Zelter said, We are honored to be given the