Apollo Global Management has assembled a roughly 10-person family office unit over the past year and plans to continue the expand its team to target the ultra-wealthy, reported Bloomberg.
“We’ve had family office clients here over the years since the founding of Apollo, but the family office client base has grown to a point where we decided to have a dedicated team,” said Brian Feurtado, who joined the firm in 2022. “So many wealthy families are still underweight in private assets.”
Longtime partner Tom Norton is leading Apollo’s family office division for Europe, the Middle East and Africa from London, while Chris Jahrmarkt is helping with relationship management efforts after previously covering direct lending.
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