Apollo Global Management Inc (NYSE:APO)
$ 173.85 -1.79 (-1.02%) Market Cap: 98.37 Bil Enterprise Value: -94.43 Bil PE Ratio: 18.17 PB Ratio: 5.97 GF Score: 69/100

Apollo Global Management Inc at Goldman Sachs US Financial Services Conference Transcript

Dec 07, 2022 / 01:40PM GMT
Release Date Price: $61.39 (-2.93%)
Alexander Blostein;Marc Jeffrey Rowan
Goldman Sachs Group, Inc., Research Division - Lead Capital Markets Analyst;Apollo Global Management, Inc. - Co-Founder, CEO & Director

Great. Good morning, everybody. So we're going to get started with our next session. Welcome back, everyone. It is my pleasure to introduce Marc Rowan, CEO of Apollo Global Management. Almost a year ago, Apollo acquired Athene in one of the more transformative deals in the asset management space. In its first year as a combined company, the firm is off to a great start with strong fundraising in both asset management and retirement services, record origination activity and launches of several innovative products, coupled with tailwinds from higher interest rates, Apollo is well on its way to achieve financial targets of doubling the firm's earnings power by 2026, set almost a year ago. There's clearly lots going on in the market, so it's a pleasure to have Marc here to talk about the industry, Apollo, the capital market system and really the role that Apollo is seeking to play in this new world.

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