OREANDA-NEWS. Apollo Global Management, LLC (NYSE:APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the first quarter ended March 31, 2016.

“Market dislocations have created many compelling investment opportunities, enabling us to commit significant amounts of capital from the funds we manage since the beginning of the year,” said Leon Black, Chairman and Chief Executive Officer of Apollo. “In addition, we continue to generate a solid pace of inflows, including first closings for new strategies in private equity, credit and real estate.”

About Apollo

Apollo is a leading global alternative investment manager with offices in New York, Los Angeles, Houston, Chicago, Bethesda, Toronto, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Singapore, Hong Kong and Shanghai. Apollo had assets under management of approximately $173 billion as of March 31, 2016 in private equity, credit and real estate funds invested across a core group of nine industries where Apollo has considerable knowledge and resources.