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Cheryl G. Gordon Joins Apollo Management, L.P., as a Partner.


Business Editors

NEW YORK--(BUSINESS WIRE)--Jan. 22, 2002

Apollo Management, L.P., a leading private investment firm, announced today that Cheryl G. Gordon has joined the firm as a Partner.

Ms. Gordon had been Senior Managing Director of Rothschild North America and Chief Executive Officer of Rothschild Asset Management Inc.

Ms. Gordon's responsibilities will include participation in the strategic planning for the future of the Apollo franchise. She will also head Apollo's investor relations Investor relations

The process by which the corporation communicates with its investors.
, including marketing and sales of new funds.

"Cheryl's extraordinary background and experience will be of significant value to Apollo, as we continue to move ahead," said Leon Black, Apollo's senior partner. "We are fortunate to have as a partner someone of her extensive knowledge and capabilities, and we are delighted that she has joined us."

"Apollo is one of the foremost private investment firms, and I am very happy to be associated with it. It is a wonderful opportunity and I am eagerly looking forward to contributing to the firm's future growth," said Ms. Gordon.

Ms. Gordon was with Rothschild Asset Management for six years prior to April 2000, when she retired to care for her husband, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 realtor Edward S. Gordon, who died in September. At Rothschild, Ms. Gordon was responsible for the U.S. money management business, including asset management, venture capital and private equity. She served as a director of Rothschild Asset Management B.V., the global holding company, as well as Rothschild North America, Rothschild Realty and Rothschild Asset management. Ms. Gordon organized and was a managing member of the General Partner of the Rothschild Recovery Fund, a $200 million distressed securities investment fund.

Prior to joining Rothschild in 1994, Ms. Gordon, 46, was a general partner of, and responsible for fund raising for, the $500 million IMR IMR - Internet Monthly Report  Fund, L.P., a buyout fund. From 1986 to 1990 she was a Managing Director of PaineWebber, responsible for the institutional investment management business and was instrumental in PaineWebber's purchase of Manufacturer's Hanover's $21 billion Trust Department, which grew to $25 billion during her tenure. She was previously a Senior Vice President of IDA Ida (ē`dä), city (1990 pop. 91,859), Nagano prefecture, central Honshu, Japan, on the Tenryu River. It is an agricultural market and railway junction.  Advisory Group. She started her career in 1977 at The Bankers Life of Iowa. Ms. Gordon holds a B.S. from Iowa State University Academics
ISU is best known for its degree programs in science, engineering, and agriculture. ISU is also home of the world's first electronic digital computing device, the Atanasoff–Berry Computer.
.

Among other activities, Ms. Gordon has served as Chairperson of the National Association of State Retirement Administrators Advisory Board, of which she is currently a member of its Executive Committee. In July 2000, H. Carl McCall, New York State Comptroller The New York State Comptroller is the chief fiscal officer of the U.S. state of New York. The duties of the comptroller include auditing government operations and operating the state's retirement system.  and sole fiduciary of the $150 billion New York State Common Retirement Fund, appointed Ms. Gordon to the Investment Committee, a group created by State statute to which the Fund reports. She is a Trustee of Mount Sinai Hospital Mount Sinai Hospital can refer to:
  • Mount Sinai Hospital (Toronto)
  • Mount Sinai Hospital, New York
  • Mount Sinai Medical Center & Miami Heart Institute
  • Mount Sinai Hospital, Cleveland
  • Mount Sinai Hospital, Chicago
  • Mount Sinai Hospital, Milwaukee
 and Medical School in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, and also serves on the Board of Directors and executive committee of the New York Division of the National Multiple Sclerosis Society The National Multiple Sclerosis Society, a United States-based non-profit organization, and its network of chapters nationwide promote research, educate, advocate on issues relating to multiple sclerosis, and organize a wide range of programs, including support for the newly .

Apollo Management, L.P., founded in 1990, is among the most active and successful private investment firms in the U.S. in terms of both number of investment transactions completed and aggregate dollars invested. Since its inception, Apollo and its affiliates have managed the investment of an aggregate of over $13 billion in equity capital in a wide variety of industries.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 22, 2002
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