Money Makers Mentor

Apollo Global Management Co-Founder Steps Down

On Thursday morning, a piece of news came from Apollo Global Management, Inc. (APO) that its Co-Founder Josh (Joshua) Harris will be stepping down from his day-to-day role at the firm. Apollo stated that Mr. Harris would continue to be on the Board of Directors also the Executive Committee of the Board.

The Private-Equity Firm informed in its press release that both Josh Harris’s departure and the closure of Apollo’s merger with Athene Holding Ltd. (ATH) both anticipate around the First Quarter of 2022. Also, Apollo said about Mr. Harris’s step down that “He will return to his roots as an investor and entrepreneur”. Apollo Global Management explained about Mr. Harris’s plans that “Mr. Harris will focus on continuing to build his multi-asset-class investing business and HBSE, a spo…

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