Apollo Management

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Apollo Management L.P. is a private equity firm, founded in 1990 by Leon Black (Apollo Advisors). Based in New York, U.S. it has also offices in Los Angeles and London (U.K.). It has invested over $16 billion in US and international companies.

Currently Apollo is investing its sixth private equity fund, Apollo Investment Fund VI, L.P., which together with related co-investment entities, involves about $12 billion of new capital. Apollo is also in the process of potentially buying out Harrah's Corp. for an estimated $15 billion. US buy-out firm Apollo Management has agreed to acquire Wilton, Connecticut-headquartered GE Advanced Materials (Silicones & Quartz) from GE in a deal valued at approximately $3.8bn in cash and securities and rename it Momentive Performance Materials.