Apollo’s EMEA Leadership Shift: A Sign of Broader Trends in Global Asset Management
Apollo Global Management’s appointment of Diego De Giorgi as Head of EMEA, succeeding Rob Seminara, isn’t just a personnel change. It signals a broader recalibration within the asset management industry, reflecting the increasing importance of the European market and the demand for experienced leadership to navigate its complexities. The move, announced February 10, 2026, underscores Apollo’s commitment to a region where it already manages approximately $155 billion in assets.
The Growing Significance of the EMEA Region
For global asset managers, the EMEA (Europe, Middle East, and Africa) region represents a significant growth opportunity. Apollo has been investing in EMEA for over 25 years, and the firm recognizes the region’s unique demands. European companies, economies, and investors are increasingly seeking long-term investment solutions, a niche Apollo aims to fill with its “long-dated capital and capabilities,” as stated by Apollo President Jim Zelter.
This isn’t unique to Apollo. Many firms are expanding their presence in Europe to tap into its diverse economies and investor base. The region’s focus on sustainable investing and evolving regulatory landscape require specialized expertise, making experienced leaders like De Giorgi invaluable.
De Giorgi’s Background and What it Means
Diego De Giorgi brings over 30 years of banking experience in London to Apollo, most recently serving as Group Chief Financial Officer at Standard Chartered PLC. His prior roles at Bank of America Merrill Lynch and Goldman Sachs demonstrate a deep understanding of investment banking and financial markets. This extensive background positions him well to oversee Apollo’s expansion across credit, equity, and hybrid origination, as well as wealth and retirement solutions in the region.
Pro Tip: A strong regional leader needs not only financial acumen but also a deep understanding of local regulations and cultural nuances. De Giorgi’s three decades in London suggest he possesses both.
Seminara’s Transition and the Future of Apollo’s Global Strategy
The transition of Rob Seminara to a new global role within Apollo highlights the firm’s strategic focus on leveraging its leadership talent across borders. Seminara’s tenure saw strong AUM growth and expansion in local markets, setting the stage for De Giorgi to build upon this foundation. This internal promotion demonstrates a commitment to fostering talent and rewarding performance.
Apollo’s global strategy appears to be centered on identifying and capitalizing on opportunities where its unique capabilities – particularly in long-dated capital – can deliver value. The EMEA region, with its evolving needs, is clearly a key part of that strategy.
The Rise of Alternative Asset Managers
Apollo’s success is also indicative of a broader trend: the growing prominence of alternative asset managers. With approximately $938 billion in assets under management as of December 31, 2025, Apollo is a major player in this space. These firms offer investors access to a wider range of investment opportunities beyond traditional stocks and bonds, often with the potential for higher returns.
Did you know? Alternative asset classes, such as private equity, real estate, and infrastructure, are becoming increasingly popular among institutional investors and high-net-worth individuals.
Investment Focus: Energy Infrastructure and Beyond
Apollo’s recent investment activity in EMEA demonstrates its focus on key sectors driving economic growth. The firm has committed billions to critical energy infrastructure, including wind, nuclear, and gas projects, as well as industrial manufacturing, transportation, and consumer retail. This diversified approach reflects a belief in the long-term potential of the European economy.
Frequently Asked Questions
Q: What does AUM stand for?
A: AUM stands for Assets Under Management, representing the total market value of financial assets that a firm manages on behalf of its clients.
Q: What is Apollo’s primary business?
A: Apollo is a global alternative asset manager, focusing on providing excess return to clients across various investment strategies.
Q: Where is Apollo’s EMEA headquarters located?
A: Apollo’s EMEA headquarters is located in London.
Q: What is the significance of De Giorgi’s experience at Standard Chartered?
A: His role as Group CFO at Standard Chartered demonstrates his expertise in financial management and navigating complex regulatory environments.
This leadership change at Apollo is more than just a reshuffling of personnel. it’s a strategic move that reflects the evolving dynamics of the global asset management industry and the growing importance of the EMEA region. As Apollo continues to expand its presence in Europe, investors will be watching closely to see how De Giorgi’s leadership shapes the firm’s future success.
Explore further: Visit Apollo’s website to learn more about their investment strategies and global operations.
