Apollo Names Carey F. Lathrop Chief Operating Officer of Credit Business
17 Oktober 2022 - 10:00PM
Apollo (NYSE: APO) today announced that industry veteran Carey F.
Lathrop has joined as a Partner and Chief Operating Officer (COO)
of Apollo’s Credit business. Lathrop will work with Apollo’s
leadership team to continue successfully scaling Apollo’s global
platform, reporting to John Zito, Deputy CIO of Credit, and Byron
Vielehr, COO of Apollo’s asset management business.
“We are pleased to welcome Carey to Apollo as we continue to
execute on our ambitious growth strategy and ensure we deliver the
best possible experience to our borrowers, clients and other
counterparties,” Zito said. “Having spent more than three decades
in financial services, Carey brings tremendous operational and
capital markets expertise to our platform, and I look forward to
partnering with him to drive our strategic priorities for
Credit.”
Lathrop said, “Apollo operates at the leading edge of markets,
and I was attracted to the opportunity to join a firm that’s well
established yet entrepreneurial and fast-growing. I am excited to
work with John and the team – particularly at such a historic time
in credit markets – to reinforce Apollo’s leading position in the
market.”
Prior to joining Apollo, Lathrop spent over 30 years at
Citibank, most recently as its Global Co-Head of Markets and
previously as COO of Citibank N.A. He is also a former member of
the US Treasury Borrowing Advisory Committee of The Securities
Industry and Financial Markets Association.
Zito added, “Apollo’s success is ultimately driven by the
strength of our team. We are always excited to add a leader of
Carey’s caliber and continue to make Apollo a home for the
industry’s best talent.”
Apollo’s premier Yield franchise spans the full financing
universe across private and public markets and is Apollo’s largest
asset management strategy by AUM, with approximately $376 billion
under management as of June 30, 2022. Apollo serves as a financing
partner of choice, helping companies access flexible capital
solutions to fund their growth and achieve their corporate
objectives. The platform spans corporate credit, including
investment and sub investment grade, direct lending, asset-backed
finance and more. As of second quarter 2022, Apollo’s owned and
operated platforms originated approximately $100 billion
annually.
About Apollo
Apollo is a high-growth, global alternative asset manager. In
our asset management business, we seek to provide our clients
excess return at every point along the risk-reward spectrum from
investment grade to private equity with a focus on three investing
strategies: yield, hybrid, and equity. For more than three decades,
our investing expertise across our fully integrated platform has
served the financial return needs of our clients and provided
businesses with innovative capital solutions for growth. Through
Athene, our retirement services business, we specialize in helping
clients achieve financial security by providing a suite of
retirement savings products and acting as a solutions provider to
institutions. Our patient, creative, and knowledgeable approach to
investing aligns our clients, businesses we invest in, our
employees, and the communities we impact, to expand opportunity and
achieve positive outcomes. As of June 30, 2022, Apollo had
approximately $515 billion of assets under management. To learn
more, please visit www.apollo.com.
Contact Information
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
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