NEW YORK – 2025 – Apollo (NYSE: APO) announced that Brian Chu has joined the firm as a Partner and the new Head of Apollo Portfolio Performance Solutions (APPS). In his new role, Chu will be responsible for leading APPS in its mission to provide strategic and operational support to Apollo’s private equity portfolio companies. He will build upon the team’s established value creation model, which leverages both generalist operating partners and specialized functional expertise to drive transformational growth.
Chu brings over 20 years of experience in operational leadership and private equity. He previously served as Senior Managing Director and co-head of the portfolio operations group at Centerbridge Partners, where he led value creation initiatives across approximately 30 companies. His career is marked by close collaboration with management teams and boards to foster growth and implement organizational change. Before joining Centerbridge, he was an Operating Partner at Bain Capital and held several senior roles in operations and technology.
Aaron Miller, who has led APPS since 2019, will transition to Chairman of APPS. In this capacity, he will continue to advise on strategic initiatives, work closely with select portfolio companies on high-priority value creation projects, and support the ongoing evolution and expansion of the APPS platform. Miller is expected to retire at the end of 2026.
“Brian’s exceptional ability to build high-performing operations teams, combined with his disciplined approach to value creation, makes him the ideal leader to continue building upon the strong foundation that Aaron has established and developed,” said Antoine Munfakh, Partner and Head of Private Equity – North America, and Michele Raba, Partner and Head of Private Equity – Europe. “As our industry increasingly recognizes that outperformance will be driven by improving businesses rather than expanding multiples, the role of APPS has never been more crucial. Scaling our APPS platform has been a game changer for our private equity franchise, transforming the way we partner with outstanding management teams to create tangible value at each stage of the investment lifecycle.”
Brian Chu stated, “Apollo has built one of the most effective operating platforms in the industry, known for its deep alignment with management and relentless focus on business transformation. I’m honored to join this talented team and to carry forward the APPS mission—accelerating growth through investments in technology, talent and commercial excellence. I look forward to expanding our capabilities and helping portfolio companies realize their full potential.”
Miller added, “I’m deeply proud of the culture of innovation, performance and collaboration we’ve built at APPS. Working alongside such a talented group of professionals—and seeing the tangible, lasting value we’ve helped create—has been one of the most fulfilling chapters of my career. I’m excited to support Brian and the team as they take APPS to even greater heights.”
About Apollo Portfolio Performance Solutions (APPS)
APPS supports Apollo funds’ portfolio companies throughout every stage of ownership by leveraging deep expertise across critical functional domains, including digital transformation, AI integration, procurement, and supply chain optimization. With a team of 35 full-time professionals—comprising both functional specialists and generalist operators—APPS partners closely with company leadership to implement tailored value creation strategies. Through Value Creation Offices (VCOs), the team works with management to ensure rigorous execution and accountability, driving sustained performance improvements and long-term value.
About Apollo
Apollo is a high-growth, global alternative asset manager. In its asset management business, Apollo seeks to provide clients with excess return at every point along the risk-reward spectrum, from investment grade credit to private equity. For more than three decades, Apollo’s investing expertise across its fully integrated platform has served the financial return needs of its clients and provided businesses with innovative capital solutions for growth. Through Athene, its retirement services business, Apollo specializes in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Apollo’s patient, creative, and knowledgeable approach to investing aligns its clients, the businesses it invests in, its employees, and the communities it impacts, to expand opportunity and achieve positive outcomes. As of March 31, 2025, Apollo had approximately $785 billion of assets under management.
Recent Developments at Apollo:
- Significant Fundraising Success: In early 2025, Apollo successfully closed its latest flagship private equity fund, exceeding its target and demonstrating strong investor confidence in its investment strategies.
- Expansion into New Markets: Apollo recently announced the opening of new offices in key strategic regions, signaling its continued global expansion and commitment to broadening its investment reach.
- Strong Financial Performance: Apollo reported robust earnings for the first quarter of 2025, driven by strong performance across its various investment segments and increased fee-related earnings.
- Commitment to Sustainability: Apollo continues to integrate ESG (Environmental, Social, and Governance) considerations into its investment processes, highlighting its dedication to responsible investing and long-term value creation.
Contacts
Noah Gunn Global Head of Investor Relations Apollo Global Management, Inc. (212) 822-0540 [email protected]
Joanna Rose Global Head of Corporate Communications Apollo Global Management, Inc. (212) 822-0491 Communications@apollo.com
