Apollo to boost staffing for Japan and Asia wealth, top regional exec says

Apollo Global Management plans to expand in Japan and add staff to its Asia wealth business, its regional top executive said, as global investment firms pump more resources into the region to capitalise on a surge in deals and assets. The New York-based asset manager aims to add around 10 people in Japan to accelerate its expansion in the country, Matthew Michelini, Apollo’s Singapore-based partner and Asia-Pacific head, told Reuters. “If I look at the regional leads that we need to hire over the next year or two, most of them we’re looking for will be seated in Japan,” said Michelini, one of the architects behind Apollo’s move to ramp up Asia’s contribution to its global business three years ago.Read More