Apollo has announced plans to open a new office in London, bringing together its teams from offices at 10 Portman Square and 25 St George Street into a new construction at 1 Soho Place.
1 Soho Place, built by Derwent London and completed around a year ago, includes some 192,000 ft2 (17,840 m2) of space. The property has reserved 88,000 ft2 over 4 floors for Apollo. The rest of the space is occupied by G-Research.
The new office will serve as an expanded regional hub for Apollo’s European team, in line with the firm’s broader global growth strategy, and includes a dedicated client space, a coffee bar, employee dining area and fitness centre.
The move follows the firm’s other recent new or renovated workplaces in Singapore, New York, Greenwich, Mumbai and Hong Kong.
Apollo CEO Marc Rowan 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’re launching in London today, which I am confident will enable our team to work together to execute on our global growth strategy.'
Rob Seminara, partner and head of Europe, added: 'Our new London office will provide our people with one of the region’s best, state-of-the-art workspaces.
'This further reinforces our commitment to offering the full Apollo platform – from credit, equity, and real assets to retirement services and wealth capabilities – across regions as we strive to put forward creative, bespoke solutions to meet clients’ needs.'
Over the last decade Apollo’s presence in Europe has expanded to nearly 400 individuals and its European teams manage nearly one quarter of the firm’s $548 bn (€500 bn) in total capital.
In addition to the United Kingdom, Apollo has a presence in France, Luxembourg, Italy, Spain, Switzerland, Germany, and The Netherlands.
