Apollo Completes IPO

March 30, 2011

Private equity firm Apollo Global Management, LLC announced on March 29, 2011 that its IPO of 29,757,559 Class A Shares was priced at $19 per share.


On March 29, 2011, Apollo Global Management, LLC (NYSE:APO) announced that its initial public offering of 29,757,559 Class A Shares was priced at $19 per share.  This represented the top of the announced price range of $17 to $19 per share and an increase in the number of shares originally intended to be sold from 26.3 million shares. Apollo is a global alternative asset manager with over $67 billion of assets under management.

To view the press release, please click here.


Categories

Investment Manager Financings, Private Equity Financings, Transactions