Apollo Global Management in the context of Leon Black


Apollo Global Management in the context of Leon Black

⭐ Core Definition: Apollo Global Management

Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. As of 2025, the company had $840 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of pension funds, financial endowments, and sovereign wealth funds, as well as other institutional and individual investors.

Apollo was founded in 1990 by Leon Black, Josh Harris, and Marc Rowan, former investment bankers at the defunct Drexel Burnham Lambert. The company is headquartered in the Solow Building in New York City, with offices across North America, Europe, and Asia. Founder and CEO Leon Black resigned as CEO in 2021 in the wake of sexual misconduct allegations and revelations that he had paid $158 million to Jeffrey Epstein.

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Apollo Global Management in the context of Yahoo

Yahoo (/ˈjɑːh/ , styled yahoo! in its logo) is an American web portal that provides the search engine Yahoo Search and related services including My Yahoo, Yahoo Mail, Yahoo News, Yahoo Finance, Yahoo Sports, y!entertainment, yahoo!life, and its advertising platform, Yahoo Native. It is operated by the namesake company Yahoo! Inc., which is 90% owned by Apollo Global Management and 10% by Verizon.

Yahoo was established by Jerry Yang and David Filo in January 1994 and was one of the pioneers of the early Internet era in the 1990s. However, its use declined in the 2010s as some of its services were discontinued, and it lost market share to Facebook and Google.

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Apollo Global Management in the context of Deutsche Bank Center

Deutsche Bank Center (also known as One Columbus Circle and formerly Time Warner Center) is a mixed-use building on Columbus Circle in Manhattan, New York City, United States. The building occupies the western side of Columbus Circle and straddles the border between Hell's Kitchen and the Upper West Side. It was developed by The Related Companies and Apollo Global Management, and designed by David Childs and Mustafa Kemal Abadan of Skidmore, Owings & Merrill.

Deutsche Bank Center features 750-foot (230 m) twin towers, connected by a multi-story atrium. They are the tallest twin buildings in the United States. The building has a total floor area of 2.8 million square feet (260,000 m). It contains office space, residential condominiums, the Mandarin Oriental, New York hotel, and the Jazz at Lincoln Center entertainment venue. The Shops at Columbus Circle shopping mall is placed at the base of the building, with a large Whole Foods Market grocery store on the lower level.

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Apollo Global Management in the context of Yahoo! Inc. (2017–present)

Yahoo! Inc. is an American multinational technology company that focuses on media and online business. It is the second and current incarnation of the company, after Verizon Communications acquired the core assets of the original Yahoo! Inc. and merged them with AOL in 2017. The resulting subsidiary entity was briefly called Oath Inc. In December 2018, Verizon announced it would write-down the combined value of its purchases of AOL and Yahoo! by $4.6 billion, roughly half; the company was renamed Verizon Media the following month in January 2019.

On May 3, 2021, Verizon announced that 90 percent of the division would be acquired by American private equity firm Apollo Global Management for roughly $5 billion, and would simply be known as Yahoo!; Verizon would retain a ten percent stake in the new group. The acquisition was completed on September 1, 2021.

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Apollo Global Management in the context of Cox Media Group

CMG Media Corporation (doing business as Cox Media Group) is an American media conglomerate principally owned by Apollo Global Management in conjunction with Cox Enterprises, which maintains a 29% minority stake in the company. The company primarily owns radio and television stations—many of which are located in the South, Pacific Northwest, Eastern Midwest, and Northeast, and the regional cable news network Pittsburgh Cable News Channel (PCNC).

Originally founded in December 2008 by Cox Enterprises through a consolidation of its existing publishing and broadcasting subsidiaries, the current incarnation of Cox Media Group was formed on December 17, 2019, through the acquisition by Apollo of the original Cox Media Group (along with Cox Enterprises' advertising subsidiary, Gamut) from Cox Enterprises, which transferred a controlling interest in the company to Apollo, and Northwest Broadcasting from Brian Brady.

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Apollo Global Management in the context of Twinkie

The Twinkie is an American snack cake, described on its packaging as "golden sponge cake with a creamy filling". It was formerly made and distributed by Hostess Brands. The brand is currently owned by Hostess Brands, Inc., in turn currently owned by The J.M. Smucker Company and having been formerly owned by private equity firms Apollo Global Management and C. Dean Metropoulos and Company as the second incarnation of Hostess Brands. During bankruptcy proceedings, Twinkie production was suspended on November 15, 2012, and resumed after an absence of a few months from American store shelves, becoming available again nationwide on July 15, 2013.

Grupo Bimbo's Vachon Bakery, which owns the Canadian rights to the product and made them during their absence from the U.S. market, produces Twinkies in Canada at a bakery in Montreal. They are made in Emporia, Kansas, in the U.S. Twinkies are also available in Mexican stores as "Submarinos" made by Marinela, and as "Tuinky" made by Wonder; both Marinela and Wonder are also subsidiaries of Mexican bread company Grupo Bimbo. In Egypt, Twinkies are produced under the company Edita. Twinkies are also available in the United Kingdom and Ireland under the Hostess brand name where they are sold in Sainsbury's, Tesco, ASDA, and B&M stores. Twinkies are produced and distributed by multiple commercial bakeries in China, where Hostess does not own the brand.

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Apollo Global Management in the context of Eli M. Black

Eli Menashe Black (April 9, 1921 – February 3, 1975) was an American businessman. He controlled the United Brands Company. His son Leon Black co-founded the private equity firm Apollo Global Management.

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Apollo Global Management in the context of McGraw Hill Education

McGraw Hill, Inc. is an American education science company that provides educational content, software, and services for students and educators across various levels—from K-12 to higher education and professional settings. They produce textbooks, digital learning tools, and adaptive technology to enhance learning experiences and outcomes. It is one of the "big three" educational publishers along with Houghton Mifflin Harcourt and Pearson Education. McGraw Hill also publishes reference and trade publications for the medical, business, and engineering professions. Formerly a division of The McGraw Hill Companies (later renamed McGraw Hill Financial, now S&P Global), McGraw Hill Education was divested and acquired by Apollo Global Management in March 2013 for $2.4 billion in cash. McGraw Hill was sold in 2021 to Platinum Equity for $4.5 billion. The company is based in Columbus, Ohio.

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