Apollo establishes Zurich base as wealth push gathers pace

Apollo establishes Zurich base as wealth push gathers pace

Apollo Global Management has opened a new office in Zurich as part of its ongoing expansion into the European private wealth market, with plans to build a local team of up to 50 professionals over the next three to five years, according to a report by Bloomberg. The move underscores the firm’s growing focus on high-net-worth and private banking channels, as traditional institutional capital allocation begins to plateau. A number of Apollo staff …