Fitch Affirms Apollo at 'A-'; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the long-term Issuer Default Ratings (IDRs) of the various subsidiaries of Apollo Global Management LLC (collectively Apollo) at 'A-'. The Rating Outlook is Stable. Approximately $1 billion of unsecured debt is affected by these actions. A complete list of ratings is detailed at the end of this release. Today's rating actions have been taken as part of a periodic peer review of the alternative Investment Manager (IM) industry, which comprise ......