Apollo Global Real Estate Management, L.P. (New York)

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.

Apollo Global Real Estate Management: assets under management

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 firm manages $15.84 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $163.29 million each.

Apollo Global Real Estate Management has custody of $15.84 billion in cash and securities for 96 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

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.

What kind of clients Leon David Black serves?

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.

Careers at Apollo Global Real Estate Management, L.P.

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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Leon David Black	President	1 Jul 2008	Other	847662
Joshua Jordan Harris	Vice president	1 Jul 2008	Other	1593925
Marc Jeffrey Rowan	Vice president	1 Jul 2008	Other	1410799
John Joseph Suydam	Vice president and chief legal officer	1 Jul 2008	Other	5217822
Llc Apollo Global Real Estate Management Gp	General partner	1 Jul 2008	Other	26-3016987
L.P. Apollo Management Holdings	Limited partner	1 Jul 2008	75% - 100%	20-8351069
Cindy Zee Michel	Vice president and chief compliance officer	1 Jul 2008	Other	4661808
James Charles Zelter	Co-president of apollo global management, llc	1 Jul 2008	Other	1336776
Llc Apollo Global Real Estate Management	General partner	1 Jul 2008	Other	26-3016987
Barry John Giarraputo	Chief financial officer	1 Jul 2008	Other	4132675
Joseph Frederick Azrack	Vice president	1 Sep 2009	Other	2272339
Leon David Black	Vice president	1 Apr 2010	Other	847662
Joseph Frederick Azrack	President	1 Apr 2010	Other	2272339
Stuart A Rothstein	Vice president and chief operating officer	1 Aug 2010	Other	4791581
Eugene Edward Donnelly	Vice president	1 Aug 2010	Other	5859856
Roger Gerard Orf	Vice president	1 Dec 2010	Other	1705776
Raymond Charles Mikulich	Vice president	1 Dec 2010	Other	2250786
Grant Lewis Kelley	Vice president	1 Dec 2010	Other	5906506
Martin Bernard Kelly	Vice president and chief financial officer	1 Sep 2012	Other	4730149
Martin Bernard Kelly	Vice president and chief financial officer & co-chief operating officer of apollo global management, llc	1 Nov 2012	Other	4730149
Cindy Zee Michel	Vice president and chief compliance officer	1 Mar 2014	Other	4661808
Scott Martin Kleinman	Co-president of apollo global management, llc	1 Jan 2018	Other	2528120
Anthony Mark Civale	Co-chief operating officer of apollo global management, llc	1 Jan 2019	Other	2790343

Indirect Owners

The SEC currently registers 33 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Apollo Management Holdings	Sole member-manager	1 Jan 2007	Other	20-8351017
Llc Apollo Management Holdings Gp	General partner	1 Jan 2007	Other	20-8350720
Ltd. Brh Holdings Gp	General partner	1 Apr 2007	Other	98-0547533
Leon David Black	Shareholder	1 Jun 2007	25% - 50%	847662
Marc Jeffrey Rowan	Shareholder	1 Jun 2007	25% - 50%	1410799
Joshua Jordan Harris	Shareholder	1 Jun 2007	25% - 50%	1593925
Apo Corp.	Sole member	1 Jul 2007	Other	20-8880200
Llc Apollo Global Management	Sole shareholder	1 Jul 2007	75% - 100%	20-8880053
L.P. Brh Holdings	Limited partner	1 Jul 2007	75% - 100%	98-0541994
L.P. Black Family Partners	Limited partner	1 Jul 2007	25% - 50%	26-0194398
L.P. Mjh Partners	Limited partner	1 Jul 2007	25% - 50%	26-0664903
Joshua Jordan Harris	General partner	1 Jul 2007	Other	1593925
L.P. Ap Professional Holdings	Limited partner	1 Aug 2007	50% - 75%	98-0541993
Llc Apollo Management Holdings Gp	General partner	1 Aug 2007	Other	20-8350720
Apo Corp.	Sole member	1 Aug 2007	Other	20-8880200
Llc Apollo Global Management	Sole shareholder	1 Aug 2007	75% - 100%	20-8880053
Ltd. Brh Holdings Gp	General partner	1 Aug 2007	Other	98-0547533
L.P. Brh Holdings	Limited partner	1 Aug 2007	75% - 100%	98-0541994
Leon David Black	Shareholder	1 Aug 2007	25% - 50%	847662
Marc Jeffrey Rowan	Shareholder	1 Aug 2007	25% - 50%	1410799
Joshua Jordan Harris	Shareholder	1 Aug 2007	25% - 50%	1593925
L.P. Black Family Partners	Limited partner	1 Aug 2007	25% - 50%	26-0194398
Llc Mjr Foundation	Limited partner	1 Aug 2007	25% - 50%	xxx-xx-xxxx
L.P. Mjh Partners	Limited partner	1 Aug 2007	25% - 50%	26-0664903
Llc Agm Management	Manager	1 Aug 2007	Other	26-0472664
California Public Employees' Retirement System	Class a member	1 Aug 2007	50% - 75%	94-6207465
Ltd. Apoc Holdings	Class a member	1 Aug 2007	50% - 75%	foreign
Abu Dhabi Investment Authority	Sole member	1 Aug 2007	Other	foreign
L.P. Amh Holdings (Cayman)	Limited partner	1 Oct 2012	75% - 100%	98-1077143
Ltd. Amh Holdings Gp	General partner	1 Oct 2012	Other	98-1077138
L.P. Ap Professional Holdings	Limited partner	1 Oct 2012	50% - 75%	98-0541993
Apo Corp.	Limited partner	1 Oct 2012	25% - 50%	20-8880200
L.P. Amh Holdings	Limited partner	1 Oct 2012	75% - 100%	98-1077143

Based in New York

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.