Apollo Global Real Estate Management, L.P. is a large advisory firm based in New York. It manages $15.84 billion of regulatory assets for 97 client accounts. It has been registered with the SEC as an adviser since 2009.
Apollo Global Real Estate Management provides portfolio management for pooled investment vehicles and portfolio management for real estate investment trust.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Apollo Global Real Estate Management, L.P. is $15.84 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 7820% since the beginning of its operation, and $5.14 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Apollo Global Real Estate Management, L.P. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Leon David Black is pooled investment vehicles with 96 clients and $10.28 billion of assets under management. Among the 10 most similar advisory firms, Apollo Global Real Estate Management has the 5th lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $15.84 billion for 97 clients. 59% of the firm’s clients are foreign persons or businesses.
Apollo Global Real Estate Management also advises several private funds. Namely, four hedge funds and forty real estate funds. The minimum investment commitment required of non-related persons ranges from $1 to $30,000,000.
The company employs 1,010 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Leon David Black has been acting as President since 1 Jul 2008. Anthony Mark Civale joined the executive team most recently as the Co Chief Operating Officer Of Apollo Global Management, Llc.
The principal office where Apollo Global Real Estate Management, L.P. performs its advisory services is located at 9 West 57 Th Street, New York, NY 10019, which is also the mailing address of the firm. An additional office of the firm is in Carlesbad, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-515-3200 or by fax 212-515-3251. The normal business hours are 8:00am - 5:00pm on Monday - Friday.