Defendant Name: Apollo Capital Management, L.P.

Defendant Type: Subsidiary of Public Company
Public Company Parent: Apollo Global Management, LLC
SIC Code: 6282
CUSIP: 03769M10

Initial Case Details

Legal Case Name In the Matter of Apollo Capital Management, L.P.
First Document Date 13-Jan-2025
Initial Filing Format Administrative Action
File Number 3-22402
Allegation Type Investment Advisers/Investment Companies

Violations Alleged

Other
• Failure to supervise under Section 203(e)(6) Advisers Act

Resolutions

First Resolution Date 13-Jan-2025
Headline Total Penalty and Disgorgement

See Related Documents

Related Documents:

IA-6815 13-Jan-2025 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings Pursuant to Sections 203(e) and 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On January 13, 2025, the SEC instituted settled administrative and cease-and-desist proceedings against Apollo Capital Management, L.P., stating: "These proceedings arise out of the failure of Respondent's personnel, including at senior levels, to adhere to certain [recordkeeping requirements on registered investment advisers] and the Respondent's policies and procedures. Using their personal devices, these personnel communicated both internally and externally by text messages and/or other unapproved written communications platforms (“off-channel communications”)."
2025-6_3-22402 13-Jan-2025 Press Release--Administrative Proceeding
Twelve Firms to Pay More Than $63 Million Combined to Settle SEC's Charges for Recordkeeping Failures
On January 13, 2025, the SEC "announced charges against nine investment advisers and three broker-dealers for failures by the firms and their personnel to maintain and preserve electronic communications, in violation of recordkeeping provisions of the federal securities laws."