Apollo opens expanded European hub at new Soho office
Apollo has opened a new office in Derwent’s 1 Soho Place development, W1.
As part of the move the company will combine its teams from offices at 10 Portman Square, W1, and 25 St George Street, W1, into 88,000 sq ft of space across four floors at 1 Soho Place.
The space includes a purpose-built client area, a coffee bar, staff dining space and a gym.
The new office will be an expanded regional hub for Apollo’s European team, in line with the firm’s global growth strategy, which includes the expansion of its offering of integrated asset management and retirement services capabilities.
The move follows the firm’s other recent openings of new or renovated workplaces in Singapore, New York, Greenwich (Connecticut), Mumbai and Hong Kong. It also adds to Apollo’s existing European locations in France, Luxembourg, Italy, Spain, Switzerland, Germany and the Netherlands.
Marc Rowan, co-founder and chief executive of Apollo Global Management, said: “London is a global financial hub where we have assembled a growing, diverse and highly talented team. While we are strong believers in having a local presence across geographies, we also need an anchor location where our people can meet, collaborate and innovate. That is what we are launching in London today.”
Rob Seminara, partner and head of Europe at Apollo, added that the new London office will help the company to provide “the full Apollo platform – from credit, equity and real assets to retirement services and wealth capabilities – across regions”.
Over the past 10 years the firm has expanded across Europe to nearly 400 staff members, who manage almost a quarter of the firm’s $548bn (£443bn) of capital.
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Photos © Apollo