This is another big economic win for Austin...
Apollo selects Austin as site of second headquarters
US private capital giant Apollo Global Management has selected Austin as the site of its second headquarters, picking the Texas city over two locations in Florida, according to two sources briefed on the matter. The $1tn in assets investment group has been planning a second headquarters from its longtime base in New York City, the FT reported in March, and said its new offices will house the bulk of its new hires. Apollo conducted an internal survey among its top dealmakers to decide between Palm Beach, Miami, Nashville and Austin as a preferred location for the second headquarters. Apollo never shared the results of its survey with employees, and chief executive Marc Rowan decided to anoint Austin its second home, one of the people said.
ft.com/content/036a838f-8209…