EFTA Document EFTA01452642

28 January 2014 Brokers. Asset Managers & Exchanges Alternative Assot Manager Initiation Rating Company Hold North America United States Apollo Global Management Research Analyst Price at 24 Jan 2014 32.20 (USD1 Price Target 31.00 Brokers, Asset APO N APO US 52-week range 36.22-20.94- Managers & Exchanges 11ric,ipitco relairve Strong performer but solid earnings peaking out soon; initiate at Hold Initiating coverage of APO with a Hold Rating and $31 PT We see APO units t