Apollo Credit Management, LLC (New York)

Apollo Credit Management, LLC is a large advisory firm based in New York. It manages $971.14 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2010.

Apollo Credit Management provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Apollo Credit Management: assets under management

The assets under management (AUM) of Apollo Credit Management, LLC is $971.14 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 122% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $971.14 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $194.23 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Apollo Credit Management, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients James Charles Zelter serves?

The only and largest group of clients of James Charles Zelter is investment companies with 5 clients and $971.14 million of assets under management. Among the 8 most similar advisory firms, Apollo Credit Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $971.14 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Apollo Credit Management doesn't advise any private funds.

Careers at Apollo Credit Management, LLC

The company employs 1,010 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

James Charles Zelter has been acting as President since 1 Aug 2010. Cindy Zee Michel joined the executive team most recently as the Vice President And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Apollo Capital Management	Sole member	1 Oct 2009	75% - 100%	143161
James Charles Zelter	President	1 Aug 2010	Other	1336776
Anthony Mark Civale	Vice president	1 Aug 2010	Other	2790343
Joseph Anthony Moroney	Vice president	1 Aug 2010	Other	2498950
John Joseph Suydam	Vice president and chief legal officer	1 Aug 2010	Other	5217822
Barry John Giarraputo	Vice president, chief financial officer	1 Aug 2010	Other	4132675
Martin Bernard Kelly	Vice president and chief financial officer	1 Sep 2012	Other	4730149
Cindy Zee Michel	Vice president and chief compliance officer	1 Mar 2014	Other	4661808

Indirect Owners

The SEC currently registers 21 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Apollo Capital Management Gp	General partner	1 Aug 2007	Other	20-8350720
L.P. Apollo Management Holdings	Sole member-manager	1 Aug 2007	Other	20-8351017
L.P. Ap Professional Holdings	Limited partner	1 Aug 2007	50% - 75%	98-0541993
Llc Apollo Mangement Holdings Gp	General partner	1 Aug 2007	Other	20-8350720
Apo Corp.	Sole member	1 Aug 2007	Other	20-8880200
Llc Apollo Global Management	Sole shareholder	1 Aug 2007	75% - 100%	20-8880053
Llc Agm Management	Manager	1 Aug 2007	Other	26-0472664
Ltd. Brh Holdings Gp	Sole member	1 Aug 2007	Other	98-0547533
L.P. Brh Holdings	Limited partner	1 Aug 2007	75% - 100%	98-0541994
Leon David Black	Shareholder	1 Aug 2007	25% - 50%	847662
Marc Jeffrey Rowan	Shareholder	1 Aug 2007	25% - 50%	1410799
Joshua Jordan Harris	Shareholder	1 Aug 2007	25% - 50%	1593925
L.P. Black Family Partners	Limited partner	1 Aug 2007	25% - 50%	26-0194398
Llc Mjr Foundation	Limited partner	1 Aug 2007	25% - 50%	xxx-xx-xxxx
L.P. Mjh Partners	Limited partner	1 Aug 2007	25% - 50%	26-0664903
California Public Employees' Retirement System	Class a member	1 Aug 2007	50% - 75%	94-6207465
Ltd. Apoc Holdings	Class a member	1 Aug 2007	50% - 75%	foreign
Abu Dhabi Investment Authority	Sole member	1 Aug 2007	Other	foreign
L.P. Amh Holdings (Cayman)	Limited partner	1 Oct 2012	75% - 100%	98-1077143
Ltd. Amh Holdings Gp	General partner	1 Oct 2012	Other	98-1077138
L.P. Amh Holdings	Limited partner	1 Oct 2012	75% - 100%	98-1077143

Based in New York

The principal office where Apollo Credit Management, LLC performs its advisory services is located at 9 West 57 Th Street, New York, NY 10019, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-515-3200 or by fax 212-515-3251. The normal business hours are 8:00am - 5:00pm on Monday - Friday.