He participates in six to eight races a year driving vintage racecars as part of the Sportcar Vintage Racing Association, which he founded. Ms. Richards currently serves as Chief Operating Officer of Trebuchet Group Holdings Limited, a position she has held since 2008. UPenn Receives $10 Million for Energy Policy Center WebScott Kleinman is Co-President and a member of the board of directors of Apollo Asset Management, Inc. (AAM). If you agree to our use of cookies, please continue to use our site. Scott spoke to POLITICO from his office in North Charleston, S.C. He began his career in financial services at Chemical Bank and then Morgan, Grenfell & Co. He is a member of the Board of Overseers at the University of Pennsylvania Stuart Weitzman School of Design.s. 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. website at www.sec.gov. Speaking on Thursdays announcement, Apollos chairman and chief executive Leon Blacksaid the new appointments reflect Apollos deep reservoir of proven investment talent and lay the foundation for the firms next generation of leadership., This content is from: About 70maybe its 67 percent67 percent of the budget is on automatic increase because those are our mandatory spending programs. Apollo Global Management Inc. has promoted two longtime partners to lead its private-equity business, which has $77 billion in assets. of the worlds leading alternative investment managers.. 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. From 2002 to 2006, Mr. Suydam was a partner at OMelveny & Myers LLP where he served as head of Mergers and Acquisitions and co-head of the Corporate Department. But how much do you worry now about that growing deficit and the debt on economic growth and interest rates going forward? She also served as an Assistant United States Attorney prosecuting high-profile complex racketeering cases in the Eastern District of New York. Zelter to serve as Co-Presidents. As the Co-President of Apollo Global Management Inc, the total compensation of Scott Kleinman at Apollo Global Management Inc is $18,615,200. For more than three decades, Apollos investing expertise across its fully integrated platform has served the financial return needs of its clients and provided businesses with innovative capital solutions for growth. Apollo Meisan Tameike Bldg. PD=Previous Day. Apollo had assets under management Donor Carl Goldsmith | Raymond McCrea Jones for POLITICO. at the University of Pennsylvania School of Design. He serves on the board of directors of Apollo Global Management Inc., Athene Holding Ltd. and Athora Holding Ltd, and certain other affiliated public vehicles. QuoteMedia. About | QDevCo When used in this press release the words believe, anticipate, estimate, expect, intend and similar expressions are intended to identify forward-looking statements. He served on the board of Fenner, PLC from January 2017 to June 2018 and served on the Audit, Governance and Remunerations Committees. Previously, she held senior positions at Bowman Capital Management LLC and Capital Guardian Trust Company. His father, a well-known philanthropist, was a professor of engineering at Clemson University and eventually opened Harllee Construction Company in 1927 in Florence with his brother. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Ms. Hormozi has served as a director of Athene Holding Ltd. (AHL) since December 2018 and is a member of AHLs compensation committee and legal and regulatory committee. From 2003 to 2005, Mr. The correlation, of course, is that education and opportunity are like wet and water. And hes championed essentially the only congressional effort to close this economic divide during Donald Trumps presidency. These statements include, but are not limited to, discussions Apollo Taps New Co-Heads of Private-Equity Business. Board & Executive Officers :: Apollo Global Management, Inc. (APO) Mr. Kleinman serves on Apollos Management and Executive Committees. To see how cookies are used, please review our cookie notice. And frankly, obviously, it leads to lower net worth. He received degrees from both the university and the Wharton School, graduating magna cum laude in 1994. Scott Kleinman is 47, he's been the Co-President of Apollo Global Management Inc since 2018. Broadband and online services are a prerequisite for success in most of America. Prior to joining Citigroup in 1994, Mr. Zelter was a High Yield Trader at Goldman, Sachs & Co. Mr. Zelter has significant experience in global credit markets and has overseen the broad expansion of AGMs credit platform. Senior partners Matt Nord and David Sambur have been promoted to co 7F, 1-1-12 Akasaka, Minato-ku, Tokyo, Co-President, Apollo Global Management, New York, Task Force on Global Capitalism in Transition. He is a member of the Board of Overseers at the University of Pennsylvania Stuart Weitzman School of Design and the Board of Directors at the White Plains Hospital, where he co-chaired the COVID-19 Relief Campaign. There are 17 older and 2 younger executives at Apollo Mr. Kleinman, who focuses on Apollos equity and opportunistic businesses, joined Apollo in 1996, and in 2009 he was named Lead Partner for Private Equity, a position he held until October 2019. An avid musician, Scott also enjoys racing vintage racecars, hunting and in his spare time as well as golf and fencing. Apollo believes these factors include but are not limited to those described under the section entitled Risk Factors in Apollo's annual report on Form 10-K filed under the section entitled Risk Factors in Apollos annual report on http://www.businesswire.com/news/home/20171113005364/en/. From 2004 through 2008, he was Senior Managing Director of Evercore Partners Inc., a public investment banking advisory firm, where he established and ran the San Francisco office. When we think of using the tax code to effect economic change and stimulate investment, we tend to think of it as something that Democrats do more than Republicans. Apollo Global Management Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Prior to Lazard, Mr. Emerson held senior roles with The Blackstone Group and Morgan Stanley & Co. Mr. Emerson has a BA and MA in Economics and a JD from Stanford University, and an MBA from Dartmouth College. Mr. Suydam serves on the boards of The Legal Action Center, Environmental Solutions Worldwide, Inc. and New York University School of Law. The largest trade he's ever made was exercising 750,000 units of Apollo Global Management Inc stock on 5 September 2019 worth over $42,157,500. An increase in 17 percent to $779 billion in deficit for the last fiscal year. Apollo Launches $4 Billion Clean Energy Transition Strategy | Raymond McCrea Jones for POLITICO. 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. White: Lets just explain to people exactly what Opportunity Zones are. Scott attended the College of Charleston and also holds an associate's Scott Kleinman - Co-President - Apollo Global Management Inc. White: I want to ask you, more broadly, about what role government can play here. Kohl's promo code: 30% Off for Kohl's Rewards Members, Save up to $15 with TurboTax coupon April 2023, Epic Bundle - 3x Expert Stock Recommendations, 15% Off DIY Online Tax Filing Services | H&R Block Coupon Code. Zelter was Chief Investment Officer of Citigroup Alternative Ms. Hormozi is also a director of a number of AHLs US subsidiaries. He has consulted on development projects and the creation of Foreign Trade Zones for different governments and organizations that include the World Bank; the CIA; the Free Zone division of the Services Group in Washington, D.C. (of which he was a founding board member); the U.S. Agency for International Development (USAID); United Nations Educational, Scientific and Cultural Organization (UNESCO) and more. They are very difficult to separate. In addition to these two appointments, Apollo announced the promotions of senior partners Olivia Wassenaar and Geoff Strong to co-leads of the firms natural resources business, which has approximately $5 billion in assets under management. Mr. Clayton served as Chair of the SEC from May 2017 through December 2020. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. From June 2006 to May 2008, Mr. Ducey served on the board of directors of and as a member of the governance and compensation committee of the board of directors of UAP Holdings Corporation. For Prior to mid-2018, Ms. Richards served on the board of Wyndham Worldwide, a position she held since 2006; is a director of Hamilton Insurance Group, serving on the audit and investment committees, a position she has held since 2013. So when you take those dots and you connect them back, what do you find? They both will continue to serve on the investment https://www.wsj.com/articles/apollo-taps-new-co-heads-of-private-equity-business-11569495601. within the meaning of Section 27A of the Securities Act of 1933, as Mr. Simon is currently Chairman of the Board, CEO and President of Simon Property Group. and in 2009 he was named Lead Partner for Private Equity. from the University of Maryland School of Law, where he also graduated with honors. From October 2010 to April 2017, Mr. Ducey served as the Chairman of the compliance and governance committee and the nominations committee of the board of directors of HaloSource, Inc. A certified pilot, he has flown across the U.S., Canada and the Caribbean. Scott Kleinman Form 10-K filed with the Securities and Exchange Commission (the SEC) From 2008 to 2012, Mr. Kelly was with Barclays Capital and, from 2000 to 2008, Mr. Kelly was with Lehman Brothers Holdings Inc. APOLLO COMMERCIAL REAL ESTATE FINANCE, INC. From Apollo to DZ Bank, funds snap up bargains in UK pension scramble, Transcript : Huntington Bancshares Incorporated - Analyst/Investor Day, Transcript : Apollo Global Management, Inc., Q3 2022 Earnings Call, Nov 02, 2022, Transcript : Apollo Global Management, Inc. Presents at BofA 27th Annual Financials CEO Conference, Sep-21-2022 07:45 AM, Transcript : Huntington Bancshares Incorporated Presents at The 2022 Morgan Stanley US Financials, Payments, & CRE Conference, Jun-15-2022 01:45 PM, University of Pennsylvania Stuart Weitzman School of Design. businesses. One of the ways that you do that is by making sure that the private sector, the free markets, have the ability to operate fully. Toronto, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, 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. White: Lets just take South Carolina as an example, since its your backyard. closely with the founders and the members of the Management Committee to Scott: Theres over $1 trillion on the sidelines in the United States that could be deployed. Scott: We could spend a long time talking about education because I think it really is the forerunner to opportunity. President George W. Bush appointed Mr. Swann as the Chairman of the Presidents Council on Fitness, Sports and Nutrition, where he served from 2002 to 2005. Today, he has handed the reigns over to his sons, Alex, III, and Scott Quattlebaum. regulatory environment and tax status, the variability of our revenues, That is going to be a unique experience for many people in the workforce because, up until now, they really havent had that as a real option. I think what youre going to see in the next 10 to 15 years, and youre seeing it start now, is the fact that people can live where they want to and then decide the type of work they want to do.