Apollo is sharing its private-equity playbook with nonprofits
Source: Business Insider ·
The private equity giant just hosted its biennial Apollo Opportunity Foundation summit for nonprofit leaders.
From the source
The Apollo Global Management LLC office.Bloomberg/Getty ImagesApollo Global Management gives portfolio companies operational guidance and leadership training.It also provides funding and operational support to 28 nonprofits, including a biennial training summit.The summit included discussions about the labor market and advice on making high-stakes decisions.Keeping up with AI and an uneven labor market is challenging enough for corporate leaders. For nonprofit executives working with tighter budgets and leaner teams, it can be extra daunting."It's tricky for everyone right now, but for those guys, it's actually very tricky," Scott Kleinman, co-president of Apollo Asset Management and chair of the Apollo Opportunity Foundation Board.The foundation is addressing the challenges nonprofits face by providing 28 organizations with a version of the playbook Apollo uses with its over 190 portfolio companies, which include Yahoo Inc. and Shutterfly.That includes access to experts, leadership…
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