Apollo Global Management, Inc. (APO) Introduces Apollo Sports Capital (ASC)

With significant upside potential, Apollo Global Management, Inc. (NYSE:APO) secures a spot on our list of the 13 Best Quality Stocks to Buy According to Hedge Funds.

Apollo Global Management, Inc. (APO) Introduces Apollo Sports Capital (ASC)

On September 29, 2025, Apollo Sports Capital (ASC), a new investment division devoted to funding prospects in the international sports and live events industry, was introduced by Apollo Global Management, Inc. (NYSE:APO).

Sam Porter will serve as Chief Strategy Officer, Rob Givone and Lee Solomon of Apollo Partners will co-manage the portfolio, and Al Tylis has been appointed Chief Executive Officer. The company states that, with Apollo Global Management, Inc. (NYSE:APO)’s permanent financing framework as support, ASC would mainly concentrate on credit and hybrid structures incorporating franchises, leagues, venues, media, and events.

Apollo Global Management, Inc. (NYSE:APO) currently oversees $840 billion in assets and has invested about $17 billion in sports-related ventures.

Apollo Global Management, Inc. (NYSE:APO) is a private equity company that operates in both the public and private markets and specializes in infrastructure, secondaries, credit, and real estate investments. It is one of the best quality stocks.

While we acknowledge the potential of APO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than APO and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 15 Stocks That Will Benefit From AI and 14 Best IT Stocks to Buy for the Long Term.

Disclosure: None.