Keep pulling the thread on John Zito.
Apollo is an asset manager with just under $800 billion in assets under management, the vast majority of which is in credit.
Apollo is growing its assets under management by $150 billion per year.
Apollo writes between $1 billion and $2 billion of annuities per week.
In the last year, Apollo originated $260 billion of investment-grade and private asset products.
Apollo merged with insurance and retirement services company Athene, which brought over $300 billion of balance sheet assets to the firm.
The United States holds a near-monopolistic position in global capital markets.
The U.S. securitized market is valued at $15 trillion, whereas Europe's is only $500 billion, despite the economies being of comparable size.
Apollo structured an $11 billion financing deal for Intel with a duration of over 30 years.
Apollo has raised over 50% of the total equity capital in the retirement insurance sector since the Global Financial Crisis.
Between 2014 and 2022, Apollo spent nearly $10 billion of its own capital to acquire origination platforms.
Apollo's credit business manages just under $700 billion, of which slightly over $300 billion is from its own balance sheet.
Apollo has provided private credit financing to large, investment-grade companies including BP, Air France, Vonovia, and Intel.