Talk:Apollo Global Management
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{{Article history
| action1 = GAN
| action1date = 16 February 2009
| action1link = Talk:Apollo Management/GA1
| action1result = Listed
| action1oldid = 271053924
| topic = Economics and business
| action2 = GAR
| action2date = 22:28, 12 July 2024 (UTC)
| action2link = Wikipedia:Good article reassessment/Apollo Global Management/1
| action2result = delisted
| action2oldid = 1228915106
| currentstatus = DGA
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{{Connected contributor (paid)
|User1=NinaSpezz|U1-employer=Rubenstein|U1-client=Apollo Global Management
|User2=mowaffles|U2-employer=Apollo|U2-declared=yes|U2-otherlinks=COI declared at User:mowaffles
|User3=Chamanch123|U3-employer=Apollo Global Management|U3-declared=yes|U3-otherlinks=COI declared at User:Chamanch123
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Edit to lead sentence
{{edit COI|answered=yes}}
Hello, I work for Apollo, and would like to suggest an update for accuracy. Please amend the first sentence to clarify that Apollo is an alternative asset management firm, not a private equity firm. Here are recent sources that support this edit: {{Cite web |title=Japan's aging savers entice U.S. asset manager Apollo Global |url=https://asia.nikkei.com/Spotlight/Market-Spotlight/Japan-s-aging-savers-entice-U.S.-asset-manager-Apollo-Global |access-date=2023-12-18 |website=Nikkei Asia |language=en-GB}} {{Cite news |last=Garcia |first=Luis |last2=Ojea |first2=Sabela |date=2023-05-09 |title=Apollo’s Income Rebounds, Partly Thanks to Record Fee Earnings |language=en-US |work=Wall Street Journal |url=https://www.wsj.com/articles/apollos-income-rebounds-partly-thanks-to-record-fee-earnings-a61228d |access-date=2023-12-18 |issn=0099-9660}} {{Cite web |date=2023-12-04 |title=As Private Credit Surges, Banks and Alternative Asset Managers Turn Frenemies Rather Than Foes |url=https://www.institutionalinvestor.com/article/2ciy5fv74kddt9eoq1m2o/corner-office/as-private-credit-surges-banks-and-alternative-asset-managers-turn-frenemies-rather-than-foes |access-date=2023-12-18 |website=Institutional Investor |language=en}} {{Cite web |last=Rubin |first=April |date=2023-12-06|title=University leaders hammered after congressional hearing on antisemitism |url=https://www.axios.com/2023/12/06/harvard-university-presidents-congress-hearing-antisemitism-campus |website=Axios}} {{Cite web |title=Private credit finds its next big target: investment-grade debt |url=https://www.ft.com/content/271be286-ac12-449e-96f0-0d3ff9b4d6ee |access-date=2023-12-18 |website=www.ft.com}} {{Cite news |date=2023-03-09 |title=Apollo Sees Private Credit ‘Best Entry Point’ on Low Liquidity |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/news/articles/2023-03-09/apollo-sees-private-credit-best-entry-point-on-low-liquidity |access-date=2023-12-18}} {{Cite news |date=2023-07-20 |title=Apollo to Launch Private Fund in Asset-Based Financing Buildout |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/news/articles/2023-07-20/apollo-to-launch-private-fund-in-asset-based-financing-buildout |access-date=2023-12-18}}
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Thank you, Chamanch123 (talk) 14:47, 24 January 2024 (UTC)
:{{yo|Chamanch123}} I'm looking at the Apollo website, and I'm seeing references to [https://www.apollo.com/strategies/asset-management/equity#accordion-1608e79479-item-62e5541357 private equity] as a part of the firm's strategy. The firm self-labels as "alternative asset management", and I'm seeing some descriptions of Apollo as being a private markets firm (for example, [https://www.wsj.com/articles/apollo-backs-firm-that-supports-emerging-fund-managers-296db3d2 here]). Can you clarify a bit about the business model? It's not clear to me that Apollo isn't a PE firm, even if that's not all it does. — Red-tailed hawk (nest) 03:46, 30 January 2024 (UTC)
::Hi Red-tailed hawk,
::These terms really are confusing, I appreciate you for asking for clarification.
::Apollo Global Management is an alternative asset management firm, and one of the strategies we employ is private equity. Our [https://www.apollo.com/strategies website] explains this pretty well. Asset management is the umbrella term for what Apollo does, and private equity, credit, and real assets all fall under the umbrella of asset management. So the correct descriptor for what we do is alternative asset management.
::Let me know if this explanation was helpful, I hope you will consider implementing the edit in the first sentence of the article. Thanks, Chamanch123 (talk) 14:38, 8 February 2024 (UTC)
:::@Chamanch123 I had a look and agree that asset manager is a more accurate description for the overall business despite a lot of the investments being in private equity. I have update the lede with a better description based on the request. Sargdub (talk) 22:15, 18 March 2024 (UTC)
GA Reassessment
{{Wikipedia:Good article reassessment/Apollo Global Management/1}}