The $651bn company, which traditionally focused on private equity and real estate deals in the region, has also bolstered its regional investment teams in private credit and hybrids, while shutting its Asia real estate equity fund business.
Apollo has reportedly recruited over 50 investment staff in the region since 2021, doubling its headcount ahead of the five-year timeframe initially set. Overall APAC-based full-time staff now number more than 650, according to a Apollo, with nine additional senior appointments having been made, including regional heads of wealth and insurance as well as senior credit investment executives.