Billionaire Israel Englander’s Top 10 Stock Picks Heading Into 2025

7. Apollo Global Management Inc. (NYSE:APO)

Millennium Management’s Stake Value: $604.53 Million

Number of Hedge Fund Holders: 82

Apollo Global Management Inc. (NYSE:APO) is a private equity firm specializing in investments in credit, private equity, infrastructure, and real estate markets. It was one of the best alternative asset management companies, rallying by 78% in 2024. The rally came on the company delivering impressive financial results as it expanded its reach and diversified its offerings.

Apollo Global Management Inc.’s (NYSE:APO) competitive edge as one of billionaire Israel Englander’s Top stock picks stems from its healthy revenue mix from asset amendment to annuity provision. While the company targets a 20% growth in earnings over the next five years, it achieved record fee-related earnings of $1.5 billion in its third quarter. The increase was driven by growth in its credit management sector.

Additionally, Apollo Global Management Inc. (NYSE:APO) is committed to preserving cost control going forward. Despite a significant increase in revenues, expenses increased by 11% in 2024. The company expects a robust origination pipeline and an organic capital formation target of $120 million for 2024 to support its continued revenue growth trends.