The document is a financial analysis report by Deutsche Bank on Apollo Global Management, initiating coverage with a Hold rating and a $31 price target. It discusses the company's earnings outlook, valuation, and risks, highlighting that distributable earnings are expected to peak in 2013-2014 and decline thereafter. The report also covers the company's risk profile, growth initiatives, and market performance.
doj/DataSet10/EFTA01452642.pdf
{"title":"Alternative Asset Manager Initiation","key_people":["Brian Bedell"],"document_date":"2014-01-28","document_type":"financial","key_locations":["North America","United States"],"key_organizations":["Apollo Global Management","Deutsche Bank","Athene","Aviva"]}