GLOBAL - Apollo prepares to list on NYSE; revenues rise

Revenues for the three months to 30 September were $213.7m, compared with a loss of $310.3m for the same period last year.

The firm, like its rivals before it, had planned to list on the NYSE in April 2008, before the market crashed. In a regulatory filing sent yesterday, the private equity firm re-affirmed its plans to list publicly. Blackstone was the first to go public in 2007, follwed by KKR, which recently listed on Euronext. KKR is also said to be planning an eventual listing on the NYSE.

Apollo has approximately $13.4bn of capital to spend.

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