Firing at Apollo
Partner and Head of Infra just got fired... just couple months after Co-Head Infra left. What's the story behind this, anyone know? Are infra returns not meeting expectations? I thought they just closed a $2.5bn fund too, albeit short of target.
com'on, we want inside details... not what we can all look at from an article. you think apollo will actually say it's performance or fund related if those were actually true? that will scare off future LPs and may cause current LPs to think twice on re-ups and other co-invest vehicles
From what I heard, he got terminated for inappropriate behaviour and policy violation.
Well I head from my friend’s neighbor’s mailman’s wife’s boyfriend who works in that team that the guy sniffed someone’s chair
Well one thing we know for certain, it wasn’t for diddling kids, as that’s generally not a fireable offense at Apollo.
they hired some new co-heads for the apterra vehicle in the past couple of months and i believe that was a known thing for the past 9 months so maybe they just wanted to go in a different direction..not sure though