Sign up for free newsletter

 

Marc Spilker

Apollo president Marc Spilker to step down

Marc Spilker is to step down as president of alternative investment manager Apollo Global Management and as a member of the firm’s executive committee.

Apollo’s executive committee will continue to manage the firm and will rely upon the firm’s management committee of senior executives from the firm’s investment and infrastructure functions to assist in implementing the firm’s growth initiatives and manage day to day operations.
 
Members of Apollo’s executive committee are Leon Black, chairman and chief executive officer; Josh Harris, senior managing director; and Marc Rowan, senior managing director.
 
Spilker (pictured) will stay on as a senior advisor to the firm for the remainder of 2014.
 
Black says: “We are extremely grateful for Marc’s leadership. The firm has benefited from Marc’s deep understanding of the financial industry. Marc leaves a firm that has fulfilled the vision it set for itself to become a successful public company and to put in place the infrastructure and resources it requires. I’m confident that Marc will find great success in whatever he chooses to do next and we wish him all the best.”
 
Spilker says: “It has been a privilege to work with the exceptionally talented team at Apollo, which has grown into one of the industry’s most successful alternative asset management firms. We’ve accomplished a great deal over the past few years and I believe that the firm is well positioned as a public company for continued success. I am grateful for the unwavering support I’ve received and look forward to remaining close with the firm.”


Subscribe to free daily newsletter
MediaWatch WA awards 2015

See interviews and presentation at the Wealth Adviser 2015 awards ceremony, held at Sketch, Mayfair on the 15th May .... »

morenews

Aberdeen completes FLAG acquisition

Wed, 02/Sep/2015 - 07:50

Zencap secures EUR230m from VPC

Wed, 02/Sep/2015 - 07:48

Winsight acquires Technomic

Wed, 02/Sep/2015 - 07:46

Taylor Wessing merges with Deterink

Wed, 02/Sep/2015 - 07:44

Actis acquires stake in Coricraft group

Wed, 02/Sep/2015 - 07:42

latestjobs
Mobile Engineer

Tue, 01 Sep 2015 00:00:00 GMT

CTO / Chief Architect

Tue, 01 Sep 2015 00:00:00 GMT

Senior UNIX Systems Administrator/Engineer

Tue, 01 Sep 2015 00:00:00 GMT

events
6 days 17 hours from now - New York
1 week 17 hours from now - New York
1 week 5 days from now - London
1 week 6 days from now - California
specialreports