Story perspectives
Apollo Global Management Pauses 2027 Investment Banking Hires
6/12/2025
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Story summary
- Apollo Global Management will not hire the class of 2027 for investment banking roles this year.
- This decision stems from backlash over future-dated offers accepted by recruits.
- The firm encourages graduates to enhance their business acumen before entering the workforce.
- CEO Marc Rowan endorses the criticism of the early hiring practices in the industry.
