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Showing posts from February, 2024

Apollo Global hired 350 people last year. "It's a super nice, low-ego place now"

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 If you're looking for a fast-growing, high-paying, casual place to work, there's always Jane Street. But if you're not a developer or a quant, you might want to try Apollo Global instead. The buy-side firm is a reformed employer, and it's making some big hires. Get your morning coffee ☕ in your inbox. Sign up here.   Speaking during Apollo's investor call last week, Apollo CFO Martin Kelly said the firm hired 350 people last year, an increase of about 9 percent by our calculations. "Half of the new hires were in North America and Europe, and the other half in Mumbai," Kelly said. In 2024, Apollo plans to hire in a "highly targeted" way. Mumbai will remain the focus, Kelly said. , but the fund's focus is also on scaling initiatives, building high-value coverage and creating new products and products. Speaking on the same call, CEO Mark Rowan chronicled the firm's insane expansion since 2008. emphasized. "We have increased 14 times. T...

Watch Groundhog Day 2024: Punxsutawney Phil declares an early spring

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  Groundhog Club handler A.J. Dereume holds Punxsutawney Phil, the weather-prognosticating groundhog, during the 138th celebration of Groundhog Day on Gobbler's Knob in Punxsutawney, Pa., on Friday. Barry Reeger/AP Punxsutawney Phil, the renowned groundhog who's been predicting when winter will end since 1887, says things are about to warm up. "Glad tidings on this Groundhog Day. An early spring is on the way," a proclamation was read out at Gobbler's Knob, elating a crowd of thousands of people who had weathered dark and cold to see the famous rodent. Masses of people came to Punxsutawney, Pa., to see the small town's famous groundhog perform his annua duty in person. But even more visited online to see live video streamed from the event. The event was livestreamed on PCNTV, a Pennsylvania nonprofit, and by The Associated Press. It all comes with a caveat. "On average, Phil has gotten it right 40% of the time over the past 10 years," the National Oc...