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...The new company, later named Apollo Global Management, after the sun god, was led by Black and five other former Drexel executives....
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...The money has helped swell Apollo’s overall assets under management to $250bn, from $41bn just a decade ago — leading to a commensurate surge in management fees....
...After all, if you are a small nation that is home to the world’s best weightlifters, why try to beat the USA in the track and field events?...
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...The auction of Global Logistics Properties, one of the world’s largest warehouse operators, has run into trouble amid concerns over the future control of the company’s China assets, considered the jewel...
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...Mr Koudounis, most recently president and chief executive of Mizuho Securities USA, a subsidiary of Japan’s Mizuho Financial group, replaces John Calamos, who remains as chairman and global chief investment...
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