Apollo Global Management, LLC (Apollo) is a global alternative asset manager. Its primary business is to raise and invest private equity, capital markets and real estate funds as well as managed accounts, on behalf of pension and endowment funds, as well as other institutional and high net worth individual investors. Apollo has three primary business segments: Private equity, Capital markets and Real estate. It is managed and operated by its manager, AGM Management, LLC. In March 2013, The McGraw-Hill Companies Inc completed the sale of its McGraw-Hill Education business to investment funds affiliated with Apollo Global Management, LLC, and the Company acquired AURUM Holdings Ltd. In October 2013, Pitney Bowes Inc sold Pitney Bowes Management Services with Apollo. In November 2013, the Company announced that Midcap Financial, LLC has been acquired by an entity managed by the Company. Effective December 1, 2013, the Company acquired Madrid-based EVO Banco of NCG Banco SA.