Summer Associate- ACS

Position Overview

About Apollo

Apollo is a high-growth, global alternative asset manager. Since our founding in 1990, we have built a leading global alternative asset management business by staying true to our core principles. Apollo has grown by investing in opportunities, communities, and our people to help achieve exceptional outcomes for investors and make a positive social impact. We seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three business strategies: yield, hybrid and opportunistic. Through our investment activity across our fully integrated platform, we serve the retirement income and financial return needs of our clients, and we offer innovative capital solutions to businesses.  As of March 31, 2022, Apollo had approximately $513 billion assets under management.

Our 10-week Summer Associate program provides full immersion into the small, dynamic teams that drive Apollo’s innovative investment strategies and access to an unparalleled, apprenticeship learning experience. You will learn about our approach to investing that contributes to our growth, success, and the source of over $414 billion in assets under management. With over 30 years of proven expertise across Private Equity, Credit, and Real Assets, invested across a diverse group of regions and industries, we’re known for our integrated businesses, our strong investment performance, our value-oriented philosophy, and our people.

From day one at Apollo, you’re invited to join in and offer your unique point of view. Different perspectives help us to see the uncommon opportunities Apollo is known for, building better companies with an eye to their social impact as well as their financial returns.
 

Our Purpose and Core Values

We recognize that all of us have been the beneficiaries of opportunity and as an organization we are committed to expanding opportunity across the Apollo ecosystem – in our workplace, marketplace, and communities. Expanding opportunity guides our approach to diversity, which spans all races, genders, sexual orientations, religions, socioeconomic backgrounds, military and public service experiences, and viewpoints.

Our clients rely on our investment acumen to help secure their future. We must never lose our focus and determination to be the best investors and most trusted partners on their behalf. We strive to be:

• The leading provider of retirement income solutions to institutions, companies, and individuals.

• The leading provider of capital solutions to companies. Our breadth and scale enable us to deliver capital for even the largest projects – and our small firm mindset ensures we will be a thoughtful and dedicated partner to these organizations. We are committed to helping them build stronger businesses.

• A leading contributor to addressing some of the biggest issues facing the world today – such as energy transition, accelerating the adoption of new technologies, and social impact – where innovative approaches to investing can make a positive difference.

Apollo Capital Solutions

The Apollo Capital Solutions (ACS) team acts as an accelerator to all of Apollo’s businesses, supporting cross-platform origination, capital markets and syndication. Seamlessly coordinated interactions through ACS allow Apollo to deliver a unified and holistic set of solutions and products to sponsors, corporates, banks, LPs and investors.  The team is comprised of ~35 investment professionals in New York and London.

Top performers in the internship will be considered for a full-time position upon completion of their graduate studies.

Summer Associate Primary Responsibilities

At Apollo, we work as one team, partnering across regions and disciplines to share the perspectives and insights that lead us to exceptional opportunities.  You’ll partner with junior and senior level professionals on a range of projects at every stage of the investment cycle.  As a Summer Associate on the Apollo Capital Solutions team, you will get exposure to origination and coverage, capital markets and syndication activities, as well as assist the broader team with additional ad-hoc projects:

• Origination & Coverage: Provide analytical and project support for all investment related activities. This includes working on all stages of the investment or transaction process and originating on a variety of different industries and products as well as market screens in evaluating additional client outreach where we believe there may be financing opportunities needed

• Capital Markets: Support Private Equity and Credit Capital Market professionals by being involved in transaction mandates, broker-dealer activities, underwriting programs, bridge activities, contingent capital trades and relationship scoring. Help prepare underwriting materials and analyze market, pricing, and demand trends

• Syndication: Help support the distribution execution for both sponsor and corporate/non-sponsor opportunities, coordinate syndication efforts with senior team members, understand the respective markets as well as the companies/transactions being sold

Qualifications & Experience

• Pursuing an MBA or JD/MBA (Class of 2024) with an excellent academic record and a demonstrated interest in finance through previous internships, jobs, and coursework

• At least two years of experience in investment banking, management consulting, or relevant buy-side experience (restructuring, industry coverage, M&A, FIG, or Leveraged Finance backgrounds preferred).

• A critical thinker with strong quantitative and analytical skills who expresses their thoughts and ideas clearly both in oral and written communications

• A collaborative thinker who can also work independently, multitask, and prioritize competing demands to meet deadlines in a fast-paced environment

• A proactive and organized self-starter with a positive attitude, powerful work ethic, strong attention to detail, and experience and comfort in Excel

Pay Range

The base salary range for this position is listed above. This position is also eligible for a discretionary annual bonus based on personal, team, and Firm performance. Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including candidate experience and expertise, and may vary from the amounts listed here.