Marc Becker, a 27-year veteran of Apollo Global Management Inc. and co-head of impact investing at the private equity firm, died Monday. He was 51.
The cause was pancreatic cancer, according to an email from Park Avenue Synagogue in Manhattan, where he was recently chairman of the board.
Becker, a partner, joined Apollo in 1996 as its 14th employee after working as an analyst at Smith Barney. He served on the firm’s private equity investment committee throughout his tenure and previously oversaw investments in sectors including business services, transportation and logistics, and financial services.
“We have lost a larger-than-life presence who made an indelible mark on Apollo,” Chief Executive Officer Marc Rowan and Co-Presidents Scott Kleinman and Jim Zelter said in a message to employees. “We will remember him as a dedicated and loyal class-act, who was gracious and generous to all, and helped create and enhance some of our most well-known Apollo traditions.”
Becker, a graduate of the University of Pennsylvania’s Wharton School, was also a prior chairman of the TEAK Fellowship, a program that helps low-income New York students get into selective high schools and colleges.
He’s survived by his wife, Caryn, and three children.
RIAs need to find universities that offer financial planning programs and sponsor or host events, advisor suggests.
The leading wealth tech provider is helping more advisors access active ETF models through its exclusive partnership.
Case of once-wealthy family highlights risks, raises questions on firms' duties to sophisticated investors suffering cognitive decline.
“The evidence in this case was overwhelming,” says an attorney.
The move marks the culmination of a decade-long journey for the new leader at the Ohio-based RIA and Natixis affiliate firm.
Uncover the key initiatives behind Destiny Wealth Partners’ success and how it became one of the fastest growing fee-only RIAs.
Key insights from Gabriel Garcia on adapting to demographic shifts and enhancing client experience in a changing market
