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Apollo Global Management Selects Austin For New Strategic Hub

· Texas Border Business

Governor Greg Abbott announced that Apollo Global Management will establish a new strategic hub in Austin, aimed at fostering innovation and emerging technologies. This hub will support new businesses within Apollo's asset management and retirement solutions, promising significant capital investment and job creation. Abbott emphasized Texas's status as a financial capital, highlighting the state's favorable business climate and talent pool. Apollo CEO Marc Rowan noted that Austin's environment is ideal for developing the next generation of their business. Austin Mayor Kirk Watson praised the city’s creative workforce and cultural offerings, reinforcing the local commitment to innovation.

AI summary · Source: Texas Border Business

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