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This is an old revision of this page, as edited by NinaSpezz (talk | contribs) at 16:47, 19 February 2021 (→‎Divisions and Subsidiaries). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Good articleApollo Global Management has been listed as one of the Social sciences and society good articles under the good article criteria. If you can improve it further, please do so. If it no longer meets these criteria, you can reassess it.
Article milestones
DateProcessResult
February 16, 2009Good article nomineeListed

GA Discussion

GA Review

This review is transcluded from Talk:Apollo Management/GA1. The edit link for this section can be used to add comments to the review.
GA review (see here for criteria)
  1. It is reasonably well written.
    a (prose): b (MoS):
    • The lead is somewhat short. When writing an apostrophe, use the ('), not (’). Done
    • Avoid repeating parts or the whole article name in subheadings; e.g. "Apollo in the 1990s" should be "1990s". Done
    • Also, avoid making one-sentence paragraphs.Done
    • Remeber the capitalization rules for section headers; if it is not a proper noun, only the frist letter is capitalized.Done
    • "Recently" cannot be used on Wikipedia, since it is very vauge, and one always risks that the article (for whatever reason) is not edited for a period of many years.Done
    • Could "Investment funds" be converted into a table (name, committments and year) for better readability?Done
    • Ideally, the "portfolio investments" section would be a table that included the company, industry, year of acquisition, purchase price and ownership stake. Of course, where information is lacking (typical purchase price), it could be left out.Done
  2. It is factually accurate and verifiable.
    a (references): b (citations to reliable sources): c (OR):
    • All references should be within {{cite}} templates (e.g. {{cite web}}).
    • There are several paragraphs that are unreferenced; only obvious statements need not be referenced to meet GA criteria. If a reference is used to cite more than one paragraph, add it to the end of each. Use the syntax <ref name="pick_a_name"> ... </ref>, and then recall it with <ref name="pick_a_name" />.
    • Some of the refs are not from reliable sources; notably ref 3. The link seems to not work, though it is 502 and not 404 error. If not working within 24 hours, the link should be removed.Ref 3 appears working
    • Just because the source uses all-caps, does not mean you should. All-caps is a typographical choice (just like font or print size), and should therefore never be transcribed in a reference. Instead, use normal English capitalization rules.Done
  3. It is broad in its coverage.
    a (major aspects): b (focused):
    What I am missing, is the section "operations" (or a similar name) that covers the 'now' of the operations. This that should be included are locations, employment size, etc. It need not be long, but right now it is totally missing. Note that it is not sufficient to include it in the lead, since the lead is to summarize the article, not introduce it.Done
  4. It follows the neutral point of view policy.
    Fair representation without bias:
  5. It is stable.
    No edit wars etc.:
  6. It is illustrated by images, where possible and appropriate.
    a (images are tagged and non-free images have fair use rationales): b (appropriate use with suitable captions):
    The article is not illustrated. Be creative—images could include operations of investments, executive portraits, office locations etc. An unillustrated article cannot pass GA without an exceptional reason. Also, I notice the German article has a different logo than this one; which is correct?Done - German logo is incorrect (relates to Apollo affiliate)
  7. Overall:
    Pass/Fail:
    I am placing the article on hold. If all the matters in question are addressed, the article will pass. Until then, it is placed on hold. I am in particular concerned with the lack of referencing, and I expect all paragraphs to be referenced to pass. If no improvements are made for seven days, the article will be failed. Otherwise, the article covers the subject and company well. Do not hesitate if there are questions or comments. Arsenikk (talk) 20:37, 13 February 2009 (UTC)[reply]
    This is looking very good. A few comments:
    • I felt I needed to change the lead somewhat, since it was still a bit short, and did not cover the whole article. I would still like to see some more of the history and the affiliate business mentioned. In my experience, the lead is one of the most difficult sections to write, so unless you already have, please take the time to look at WP:LEAD.
    • Never force the size of thumb images; this is so people with accessibility issues (modem bandwidth, bad eyesight etc) can force high/low image sizes.
    • I hope you know there are simpler ways of making tables; {|class=wikitable ... for instance. There is of course nothing wrong with what you are doing, it just requires a lot of code.
    • Use US$ and wikilink at first occation; since it is a US company, it is sufficient to just use $ afterwards (though not in "global" articles).
    • The referencing is very well covered, but I am concerned about the formatting. In particular, there are some refs that are only a title and a url. At mimimum, a reference must have author or work, and a title, in addition to either a url or a date (or of course, several of the mentioned). Also, online references should have |accessdate; this is so that in case the link goes down, a archive engine could be used to retreave it. In general, I would recommend using the {{cite web}} and {{cite news}} templates; this creates a consistent referencing layout on all article, and will do nice things like put The New York Times in italics. Also, use of the cite templates should also be less time-consuming. Of course, you are not required to use this.
    I am impressed with this article, though there are a few minor items left before it meets the GA critera.

In process

Thanks for the helpful checklist. I have already completed a number of the recommended changes and included checkmarks above. I am going through and identifying where existing references can be applied to additional text and where other good references exist. Key remaining items:

  • Continue additional referencing
  • Turn investment section into table

|► ϋrбanяeneωaℓ • TALK ◄| 04:48, 14 February 2009 (UTC)[reply]


Should be ready for evaluation

Arsenikk, thanks for the very detailed review of the article. I have made very substantial addtional changes to the article (noted above). Some comments:

  • I would prefer not to change the ref format into cite - if at some point someone (maybe even me) feels strongly enough I would be supportive. I have no problem with cite but the formate I have used for references is very consistent and includes the article name, link, publication and date. I have upgraded some legacy notes that did not originally conform to this standard. To help future users, I have included a comment about access date in the references section for future users, however I find Accessdate to be cumbersome in each citation, specifically for NYTimes articles which are permanent links. This topic is covered in WP:Citing sources. In the future I will definitely think about trying out cite again.
    • Truth is, it is an old habit of mine of GA reviews, because most people who do not use cite templates do it all wrong. You are free to not use it; however, books and newspapers should be in italics. Regarding accessdate, I had an experience with this the other day. I had been adding a lot of links to a government railway agency, which contained more or less static information on new projects, lines, stations etc. Then one day (Friday I think it was), this 'highly reliable' (it was in my opinion) site decided to move all their links, making all the old ones dead. This is why we use accessdate.
  • I will defer to you on the thumbnails. My only rationale in forcing a size is to avoid problems with image sizes affecting the layout of the text. If you think it is right to leave out I can be swayed on this.

By the way, on the tables I have been working with this type of table formatting for going on 14 years and it is second nature to me. I personally find some of the wikitable syntax to be difficult to track. Maybe like the cite template, I will get into the habit but after all this time I am still inclined to use the traditional table coding.

  • The wikitables was only a suggestion to make life easy. I find it simpler than html. If you prefer it your way, of course do it that way. PS, please use === for headers on GA review pages, since == breaks up the transcribing mechanism (that is why I have changed them).

Please let me know if you think there are any areas I have missed or you would suggest going back to make further improvements. Again, thanks for your help. |► ϋrбanяeneωaℓ • TALK ◄| 05:43, 16 February 2009 (UTC)[reply]

Congratulations, I have now passed the article. Arsenikk (talk) 07:42, 16 February 2009 (UTC)[reply]

Future Investments

Shouldn't we mention Cedar Fair in the article? Apollo is considering buying them out.

Article: http://www.pehub.com/58484/report-apollo-to-buy-cedar-fair/


Content Update

Nyakushev (talk) 20:14, 11 October 2011 (UTC) I recommend that section 5.3 "AREA Property Partners (Apollo Real E"state Advisors" to be moved to 3.1 History section. As Apollo's Press Release stated [1] "...Until 2000, the firm was affiliated with Apollo Global Management,LLC.." AREA Partners is independently owned and operated and has no affiliation with Apollo Global Management. Please let me know what you think about that. Thank you.Nyakushev (talk) 20:14, 11 October 2011 (UTC)[reply]

I am going to change Industry from "Private Equity" to "Alternative Assets" From p. 12 of SEC form 10-Q filed on 11/9/11. Under “Organization and Basis of Presentation: Apollo Global Management, LLC and its consolidated subsidiaries (the “Company” or “Apollo”), is a global alternative investment manager…: http://sec.gov/Archives/edgar/data/1411494/000119312511302516/d237794d10q.htm — Preceding unsigned comment added by Nyakushev (talk • contribs) 18:32, 5 January 2012 (UTC)[reply]

2013 Updates

I work for Rubenstein Communications and I propose the following updates on behalf of Apollo Global Management. To mitigate conflict of interest issues, I ask that an editor review the edits and take them live, as they see fit. If no objections are had and no edits are made within five days, I will go ahead and update the entry myself.NinaSpezz (talk) 13:43, 23 May 2013 (UTC)[reply]

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Lead Sentence

I work for Rubenstein and on behalf of Apollo Global Management, I would like to revise the first sentence of this article to say "Apollo is a global alternative investment manager".

The current introductory sentence describes Apollo Global Management as "an American private equity firm". Private equity is a portion of the firm's investment activity and assets under management, which also include credit and real assets.

Apollo Global Management reported $315.5B of assets under management at the end of March 2020.[2][3] Around 66% of assets are in the credit business ($209.7B as of last quarter close). Around 21% of assets ($67.7B as of last quarter close) are in private equity. The remaining assets are in real assets ($38.1B as of last quarter close).[3]

In addition, Apollo Global Management is described in profiles on both Reuters[4] and Bloomberg[5] as well as a recent Financial Times article[6] as an alternative investment manager.

To describe Apollo Global Management as an American firm is also inaccurate. As noted in the current article, the firm has offices across North America, Europe, and Asia.[7]

NinaSpezz (talk) 16:14, 28 May 2020 (UTC)[reply]

References

  1. ^ http://www.apollorealestate.com/articles/10-2008_AREA.pdf
  2. ^ Oguh, Chibuike (1 May 2020). "Apollo's first-quarter profit falls 20% as virus weighs on asset sales". Reuters. The New York-based firm said it had $315.5 billion of assets under management at the end of March
  3. ^ a b "Apollo Global Management, Inc. Reports First Quarter 2020 Results" (PDF). Apollo. 1 May 2020.
  4. ^ "Apollo Global Management Inc". Reuters. Retrieved 28 May 2020. Apollo Global Management, Inc. (Apollo), formerly Apollo Global Management, LLC, is an alternative investment manager in private equity, credit and real estate.
  5. ^ "Apollo Global Management Inc". Bloomberg. Retrieved 28 May 2020. Apollo Global Management, Inc. ("Apollo") is an alternative investment manager.
  6. ^ Vandevelde, Mark (30 January 2020). "Apollo and Blackstone build $250bn permanent capital war chest". Financial Times. Apollo and Blackstone have amassed more than $250bn of permanent capital... The scale of this firepower, which was revealed in their full-year results on Thursday, shows how the two alternative investment managers have expanded beyond their roots in buyouts to push further into a structure that is seen as a holy grail in investing.
  7. ^ "Contact". apollo.com. Retrieved 28 May 2020.
I've updated to; "Apollo is a global alternative investment manager". + headquartered in the USA. Devokewater (talk) 16:24, 28 May 2020 (UTC)[reply]

Founders

I work for Rubenstein and on behalf of Apollo Global Management, I would like to revise the second sentence of this article to read “It was founded in 1990 by Leon Black, Josh Harris,[1] and Marc Rowan.[2]”

The sentence currently says “It was founded in 1990 by former Drexel Burnham Lambert banker Leon Black” and omits the firm’s two other co-founders, who are mentioned elsewhere in this article.

NinaSpezz (talk) 19:57, 2 June 2020 (UTC)[reply]

References

  1. ^ Idzelis, Christine (19 September 2019). "Apollo's Josh Harris Talks Private Markets at Delivering Alpha". Institutional Investor. As capital floods private markets, Apollo Global Management co-founder Joshua Harris believes investors are finally taking steps toward properly valuing publicly-traded private equity firms.
  2. ^ Gordon, Amanda L (2 October 2018). "Apollo's Marc Rowan Gives Wharton $50 Million for Professorships". Bloomberg. Marc Rowan, a co-founder of Apollo Global Management LLC, gave $50 million to the Wharton School at the University of Pennsylvania, the largest single gift in Wharton's history.
 Done you may want to put template:paid to your userpage.  Darth Flappy «Talk» 23:33, 17 June 2020 (UTC)[reply]

Firm Specialization

I work for Rubenstein and on behalf of Apollo Global Management, I would like to revise the second paragraph of this article, which is currently uncited and not a full representation of the firm’s investing activity. I would like to reword that sentence to say:

The firm specializes in investing across credit, private equity, and real assets.[1][2]

NinaSpezz (talk) 15:41, 23 June 2020 (UTC)[reply]

References

  1. ^ Mendonça, Elisângela (7 February 2020). "Apollo buys drugmaker Covis from Cerberus". Private Equity News. Apollo has $331bn in assets under management in credit, private equity, and real assets funds.
  2. ^ Oguh, Chibuike (30 January 2020). "Apollo Global's fourth-quarter profit soars on strong asset sales". Reuters. ...driven by growth in its credit and private equity divisions that offset a decline in its real estate unit.
Done --Devokewater (talk) 15:45, 23 June 2020 (UTC)[reply]

Notable Investments

I work for Rubenstein and on behalf of Apollo Global Management, I would like to revise the fourth paragraph of this article to say:

Among the most notable companies Apollo has an investment in are ADT, CareerBuilder, Cox Media Group, Intrado, Rackspace, Redbox, Shutterfly, and Smart & Final.

Apollo is no longer invested in Constellis,[1] Claire’s,[2] Caesars,[3] or Novitex Enterprise Solutions.[4]

ADT, Careerbuilder, Cox Media Group, Rackspace, Shutterfly, and Smart & Final are mentioned elsewhere in the article. Apollo invested $2B in West Corp. in 2017, which rebranded to Intrado in 2019.[5]

NinaSpezz (talk) 17:57, 6 July 2020 (UTC)[reply]

Done --Devokewater (talk) 18:06, 6 July 2020 (UTC)[reply]
@Devokewater: Thank you for your help. It appears the supporting evidence for the changes was added, but the requested sentence was not. I would like for The 4th paragraph of the intro to be the following. I don't think it's necessary to include the rest.
Among the most notable companies Apollo has an investment in are ADT, CareerBuilder, Cox Media Group, Intrado, Rackspace, Redbox, Shutterfly, and Smart & Final.

NinaSpezz (talk) 18:16, 6 July 2020 (UTC)[reply]

NinaSpezz updated --Devokewater (talk) 18:20, 6 July 2020 (UTC)[reply]
@Devokewater: Thanks. Possible to remove the following? It was meant as supporting evidence for the request.
Apollo is no longer invested in Constellis,[13] Claire’s,[14] Caesars,[15] or Novitex Enterprise Solutions.[16]
ADT, Careerbuilder, Cox Media Group, Rackspace, Shutterfly, and Smart & Final are mentioned elsewhere in the article. Apollo invested $2B in West Corp. in 2017, which rebranded to Intrado in 2019.[17]

NinaSpezz (talk) 18:23, 6 July 2020 (UTC)[reply]

Done --Devokewater (talk) 18:26, 6 July 2020 (UTC)[reply]

Divisions and Subsidiaries

I work for Rubenstein and on behalf of Apollo Global Management, I would like to remove the Divisions and Subsidiaries sections from the infobox. The companies listed in in this section are companies that Apollo-managed funds are or were previously invested in. They are not divisions or subsidiaries of Apollo Global Management, and to label them as such is inaccurate.

NinaSpezz (talk) 15:34, 10 July 2020 (UTC)[reply]


Done --Devokewater (talk) 21:10, 10 July 2020 (UTC)[reply]

I work for Rubenstein and on behalf of Apollo Global Management, I would like to once again request the removal of the Subsidiaries section from the infobox. A majority of the companies listed in this section are companies that Apollo-managed funds are or were previously invested in. They are not subsidiaries of Apollo Global Management, and to label them as such is inaccurate. NinaSpezz (talk) 16:47, 19 February 2021 (UTC)[reply]

A Commons file used on this page or its Wikidata item has been nominated for deletion

The following Wikimedia Commons file used on this page or its Wikidata item has been nominated for deletion:

Participate in the deletion discussion at the nomination page. —Community Tech bot (talk) 03:17, 19 July 2020 (UTC)[reply]

Assets Under Management

I work for Rubenstein and on behalf of Apollo Global Management, I would like to revise the numbers in the third paragraph of the lead section of this article.

Apollo Global Management reported $414B of assets under management at the end of June 2020. Around 72% of assets are in the credit business ($300.4B as of last quarter close). Around 18% of assets ($73.3B as of last quarter close) are in private equity. The remaining 10% of assets are in real assets ($39.9B as of last quarter close).[6]

NinaSpezz (talk) 19:54, 3 August 2020 (UTC)[reply]

@NinaSpezz:  Done –MJL ‐Talk‐☖ 17:59, 17 September 2020 (UTC)[reply]
@MJL: Appreciate your help. A heads up the final number ($39.9B in real assets) was not updated. Any reason for that? NinaSpezz (talk) 18:03, 17 September 2020 (UTC)[reply]
@NinaSpezz: Woops! –MJL ‐Talk‐☖ 18:20, 17 September 2020 (UTC)[reply]

References

  1. ^ "CONSTELLIS ANNOUNCES SUCCESSFUL COMPLETION OF DE-LEVERING AND RECAPITALIZATION". Constellis. 30 March 2020.
  2. ^ Stych, Anne (19 September 2019). "Claire's makes a deal with major creditor". BizWomen. Under the restructuring agreement Claire's will pass control of the company from Apollo Global Management to lenders that include Elliott Capital Management and Monarch Alternative Capital.
  3. ^ Prince, Todd (12 May 2019). "TPG Capital, Apollo sell remaining stake in Caesars". Las Vegas Review-Journal. Private equity firms TPG Capital and Apollo Global Management have sold their remaining stake in Caesars Entertainment Corp.
  4. ^ "Exela Technologies, Inc., a Publicly Traded Company, Completes Business Combination with SourceHOV and Novitex". Exela Technologies. 12 July 2017. Exela Technologies, Inc. ("Exela"), formerly known as Quinpario Acquisition Corp. 2, announced today that it has closed the previously announced business combination with SourceHOV Holdings, Inc. ("SourceHOV") and Novitex Holdings, Inc. ("Novitex")
  5. ^ "West Corporation Announces Rebrand to Intrado". Globe Newswire. 25 June 2019. Intrado is controlled by affiliates of certain funds managed by Apollo Global Management, LLC.
  6. ^ "Apollo Global Management, Inc. Reports Second Quarter 2020 Results" (PDF). Apollo. July 30, 2020. Retrieved August 3, 2020.
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