Apollo Global Management Names Former Senator Evan Bayh as Senior Advisor

Fri Jan 21, 2011 1:13pm EST

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Apollo Global Management Names Former Senator Evan Bayh as Senior Advisor

Apollo Global Management, LLC (together with its subsidiaries, "Apollo" or the "Company") today announced that former Senator Evan Bayh (D-Ind.) has joined the Company as a senior advisor with specific responsibility for policy issues.

Mr. Bayh most recently served as Indiana’s junior Senator, where he chaired the Banking, Housing and Urban Affairs’ Subcommittee on Security and International Trade and Finance. Senator Bayh also served on the Armed Services Committee, the Energy and Natural Resources Committee, the Select Committee on Intelligence, the Small Business Committee and the Special Committee on Aging. Mr. Bayh, who was elected to the U.S. Senate in 1998, announced last year that he would not seek a third term.

Prior to his tenure in the Senate, Mr. Bayh served two terms as the Governor of Indiana. He graduated with honors in business economics and public policy from the Indiana University Kelley School of Business and received his Juris Doctor degree from the University of Virginia School of Law.

About Apollo Global Management

Apollo is a leading global alternative asset manager with offices in New York, Los Angeles, London, Frankfurt, Luxembourg, Singapore, Mumbai and Hong Kong. Apollo had assets under management of $57.8 billion as of September 30, 2010, in private equity, credit-oriented capital markets and real estate funds invested across a core group of nine industries where Apollo has considerable knowledge and resources. For more information about Apollo, please visit www.agm.com.

Forward-Looking Statements

This press release may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and releases. These statements include, but are not limited to, discussions related to Apollo’s expectations regarding the performance of its business, its liquidity and capital resources and the other non-historical statements in the discussion and analysis. These forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. When used in this release, the words “believe,” “anticipate,” “estimate,” “expect,” “intend” and similar expressions are intended to identify forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. These statements are subject to certain risks, uncertainties and assumptions, including risks relating to our dependence on certain key personnel, our ability to raise new Private Equity or Capital Markets funds, market conditions, generally, our ability to manage our rapid growth, fund performance, changes in our regulatory environment and tax status, the variability of our revenue, net income and cash flow, our use of leverage to finance our businesses and investments by our funds and litigation risks, among others.

Media:
Rubenstein Associates, Inc. for Apollo Global Management
Charles Zehren, 212-843-8590
czehren@rubenstein.com
or
Investors:
Apollo Global Management, LLC
Gary M. Stein, 212-822-0467
Head of Corporate Communications
gstein@apollolp.com

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