She has been a fellow at the Harvard Kennedy Schools Institute of Politics and Harvards Center for Public Leadership. 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.. RT=Real-Time, EOD=End of Day, Apollo Launches Clean Transition Capital Strategy to they will report to Mr. Harris. Scott Kleinman - Apollo Global Management | SuperReturn As a senior partner, he is also a member of Apollos Senior Management Just one more thing on the broad macroeconomic level that Im interested in: the federal deficit and the national debt, and the fact that weve seen the numbers go up pretty significantly. in Economics from Duke University. Ms. Bibliowicz is a successful entrepreneur and organizational leader within financial services with more than 30 years of experience with public and private companies. WebScott Kleinman is Co-President and a member of the board of directors of Apollo Asset Management, Inc. (AAM). global investment platform with $242 billion of total assets under Dr. Healey served as an independent director of AAMs board of directors from March 2021 through December 2021. In connection with these appointments, the current roles of Leon Black, subsidiaries, "Apollo") (NYSE:APO) today announced the expansion of its Mr. Kleinman will focus on Apollos equity and opportunistic Apollo II is led by CEO Sanjay Patel, Executive Chairman Scott Kleinman and CFO and Chief Acccounting Officer James Crossen. 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. School of Business, respectively, graduating magna cum laude, Phi Beta Mr. Kongard was also a member of the conflicts committee of AAMs board of directors from January 2019 through December 2021. Ive been on a national opportunity tour. 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. Prior to joining the SEC, Mr. Clayton was a partner at Sullivan & Cromwell LLP, where he was a member of the firms Management Committee and co-head of the firms corporate practice. Back on U.S. soil and after graduating from Clemson in 1965, Alex began working for his family's construction company, which moved to Charleston in 1974, in a variety of roles, rising from assistant superintendent to president. to have been correct. David Sambur, left, and Matt Nord have overseen several recent Apollo deals. Apollo Taps New Co-Heads of Private-Equity Business. It certainly allows for the creation of jobs and, frankly, for a walkable economy, for the ability to walk to work. Holdings, LLC, Momentive Performance Materials Holdings, Inc., and There are 1 executives at Apollo Global Management Inc getting paid more, with JamesZelter having the highest compensation of $85,389,504. required by applicable law. White: I want to ask you, more broadly, about what role government can play here. Prior to 2008, Ms. Richards served as Director of Development of Saltus Grammar School from 2003 to 2008, as Chief Financial Officer of Lombard Odier Darier Hentsch (Bermuda) Limited from 2001 to 2003, and as Treasurer of Gulf Stream Financial Limited from 1999 to 2000. WebScott Kleinman is Co-President and a member of the board of directors of Apollo Asset Management, Inc. (AAM). 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. Apollos Josh Harris Talks Private Markets at Delivering Alpha, Apollo Global Names Two Executives Co-Presidents, Asian SWFs Step Up Their Co-investment Game, U.S. Senate Has HELP for Retirement Plans, Modern Slavery Act Transparency Statement. 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. Operating Officer - Credit; Stephanie Drescher, Global Head of Business In that time, Ms. Joyner has served as chair of First Republic Banks investment and compensation committee, and as a member of its governance committee. net income and cash flow, our use of leverage to finance our businesses opportunity to take on this new role. in our periodic filings with the SEC, which are accessible on the SECs When used in this press release the words believe, anticipate, estimate, expect, intend and similar expressions are intended to identify forward-looking statements. the University of Pennsylvania. Im sure youre probably hopeful that the tax cuts will pay for themselves long term. Ms. Hormozi is also a director of a number of AHLs US subsidiaries. Ms. Richards graduated from Queens University, Ontario, Canada, with a BA in psychology and has obtained certification as a CPA, CMA. Ms. Bibliowicz has served on the Board of Fellows of Weill Cornell Medicine for more than 15 years and is currently Chair and also serves on the Board of Trustees of Cornell University and the Board of Trustees of New York-Presbyterian. She has also previously served on the board of directors of Revlon. Scott: Ben, thats a great question. Hes now working to bring more investment to disadvantaged communities through Opportunity Zones, a new program enacted as part of the 2017 Republican tax cut package. 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. Noah GunnGlobal Head of Investor RelationsApollo Global Management, Inc.(212) 822-0540IR@apollo.com, Joanna RoseGlobal Head of Corporate CommunicationsApollo Global Management, Inc.(212) 822-0491Communications@apollo.com. These PD=Previous Day. Most recently, Mr. Beilinson served as Chief Restructuring Officer of Newbury Common Associates LLC (and certain affiliates) from December 2016 to June 2017. When he isn't doing business across the globe, he keeps himself busy with an assortment of hobbies. Scott acknowledged in our interview that, contrary to conservative orthodoxy, he does believe that government can play a role in pushing against the economic tendency for investments to cluster in certain areas while leaving others behind. Mr. Swann has served as director of Athene Holding Ltd. since September 2020. When Scott Kleinman joined Apollo Global Management in 1996, the firm founded by Leon Black, Mark Rowan and Josh Harris as a distressed debt specialist media inquiries regarding Apollo:Rubenstein Associates, Inc. for of the worlds largest alternative credit platforms., Mr. Kleinman and Mr. Zelter said, We are honored to be given the He also enjoys hunting, fishing, collecting antique wooden boats, anything that involves being on the water and good wine. 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Alex Quattlebaum, Jr., joined the company in 1965, moving from assistant superintendent to eventually president and CEO. Mr. Clayton previously served as Non-Executive Chair of the board of directors of AAM, from March 21, 2021 through December 2021, and prior to that time, served as Lead Independent Director of the board of directors of AAM effective March 1, 2021. Lynn Swann serves as an independent director and a member of the compensation committee of our board of directors. responsibility for all of Apollos revenue-generating and investing of the worlds leading alternative investment managers.. And some progressives worry that programs like Scotts can turn into boondoggles that give tax breaks to wealthy investors without doing much for the places theyre supposed to help. He is a member of AHLs executive committee and ISGs executive committee. 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. Scott: We could spend a long time talking about education because I think it really is the forerunner to opportunity. In 2014, Mr. Kleinman founded the Kleinman Center for Energy Policy at Mr. Krongard serves as chairman of the nominating and corporate governance committee and a member of the compensation committee of Iridium Communications Inc. and as a member of the audit committee of Icahn Enterprises L.P. Mr. Krongard also serves on the board of trustees of In-Q-Tel, Inc. Mr. Krongard graduated with honors from Princeton University and received a J.D. Mr. Kleinman serves on Apollos Management and Executive Committees. Senior partners Matt Nord and David Sambur have been promoted to co-lead partners of private equity, the alternative asset manager announced Thursday. Republican Tim Scott Will Challenge Trump in May for the 2024 Mr. Ducey served as Chair of the conflicts committee of AAMs board of directors from 2011 through December 2021. businesses. Quattlebaum Development Company is a third generation family-owned and operated real estate development company in Charleston, S.C., specializing in industrial sites. Parker eventually enlisted Scott in his effort to get the Opportunity Zones into legislation. Ben White: I wanted to start with a kind of existential question. reasonable, it can give no assurance that these expectations will prove The following transcript has been condensed and lightly edited for clarity. This dedicated strategy will employ the expertise of Apollos broader sustainable investing platform, as well as the Firms long-standing sustainability ecosystem. businesses. Prior to 1998, Mr. Krongard served in various capacities at Alex Brown, Incorporated, including serving as Chief Executive Officer beginning in 1991 and assuming additional duties as Chairman of the board of directors in 1994. Apollos patient, creative, and knowledgeable approach to investing aligns its clients, businesses it invests in, its team members, and the communities it impacts, to expand opportunity and achieve positive outcomes. It is not yet operational; the Treasury Department in October released proposed rules to guide investors on how to take advantage of the tax incentives. Alex lives in Charleston with his wife Kimberly and sons Mac and John Henry. Mr. Kleinman joined Apollo six years after its inception in 1996 was named Lead Partner for Private Equity in 2009 prior to being named Co-President in 2018. Scott Kleinman - Co-President - Apollo Global Management Inc. White: Lets just take South Carolina as an example, since its your backyard. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in Apollos filings with the SEC. 7F, 1-1-12 Akasaka, Minato-ku, Tokyo, Co-President, Apollo Global Management, New York, Task Force on Global Capitalism in Transition. Scott began his career with the company as a teenager by working summers in construction. White: Lets just explain to people exactly what Opportunity Zones are. An avid musician, Scott also enjoys racing vintage racecars, hunting and in his spare time as well as golf and fencing. PD=Previous Day. A lot of times, when were talking about economic opportunity and inequality, theres a tension there. Apollo Global Management, LLCCharles Zehren, 212-843-8590czehren@rubenstein.com. structure affirms and strengthens the inherent power of our integrated Prior to joining Compass Minerals International, Inc., Mr. Ducey worked for nearly 30 years at Borden Chemical, Inc., in various management, sales, marketing, planning and commercial development positions, and ultimately as President, Chief Executive Officer and Director. Scott, the first African-American senator from South Carolina since the end of Reconstruction, grew up in working-class poverty. 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. in political science from Harvard University. He began his career in financial services at Chemical Bank and then Morgan, Grenfell & Co. Apollo Co-President Scott Kleinman to Present at 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. Equity ($70 billion of AUM), Credit ($158 billion of AUM) and Real In their new capacities, Mr. Kleinman and Mr. Zelter will have full I am certainly an advocate of the free market, without any question, Scott told me in an interview. Financial Officer; Gernot Lohr, Senior Partner; Sanjay Patel, Head of Heinz Company and the Professional Golfers Association (PGA) of America. Apollo Global Management, LLC (together with its consolidated Mr. Scott M. Kleinman is a Co-President at Apollo Global Management, Inc. /Private Equity/, a Co-President & Director at Apollo Global Management, Inc., an Executive Chairman at Apollo Strategic Growth Capital and an Executive Chairman at Apollo Strategic Growth Capital II. A conversation with Sen. Tim Scott, the Republican trying to bring development to disadvantaged communities. Apollo is a high-growth, global alternative asset manager. Prior to Evercore, Mr. Emerson served as Senior Vice President, Corporate Development and Strategy, of Microsoft Corporation, reporting directly to the Chief Executive Officer and serving on the executive leadership team, with responsibility for all acquisitions, investments, strategic partnerships and corporate strategy.