Obituary

John Kissick, a Builder of PE Firms Apollo and Ares, Dies at 82

  • His firms fill gaps left by tighter regulation of banks
  • He succeeded Michael Milken at Drexel Burnham Lambert in 1980s
John KissickSource: Family of John Kissick
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John Kissick, a builder of private equity giants Apollo Global Management Inc. and Ares Management Corp. and the last leader of Michael Milken’s high-yield group at Drexel Burnham Lambert Inc., died earlier this year. He was 82.

Kissick, who had suffered from a degenerative disease called frontotemporal dementia since 2018, died on Feb. 29, his family said. His death hadn’t been publicly reported since then.