Apollo Weighs Florida Outposts as Escape From New York Heats Up

  • Miami and West Palm Beach are top candidates for new offices
  • The company intends to keep its headquarters in New York City

Photographer: Joe Raedle/Getty Images

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Apollo Global Management Inc. is considering opening additional offices in Florida and elsewhere as it seeks to lure and retain talent in a world upended by the pandemic.

The private equity firm is weighing outposts in Miami and West Palm Beach, as well as an office elsewhere in the U.S., and another in Europe, said spokeswoman Joanna Rose. Apollo, which will retain its New York headquarters, recently surveyed employees about where they prefer to work as part of a strategy to attract a broader talent pool, she said.