(Source: Fitch Inc) 05 Nov 2015 6:18 PM GMT/UTC Fitch Ratings-New York-05 November 2015: 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 comprises seven publicly rated global firms. Fitch's outlook for the sector is stable, reflecting the relative stability of core operating...
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