The world lost a remarkable person on August 14, 2023, when Marc Becker, a Partner, and Co-Head of Impact at Apollo Global Management, died at the age of 47. His family and his company have not revealed the cause of his death. Becker was a distinguished figure in the business world, with more than two decades of experience at Apollo, one of the world’s largest alternative investment managers. He was also a committed philanthropist, who supported various causes and organizations, such as The TEAK Fellowship and Park Avenue Synagogue.

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A Remarkable Career at Apollo

Becker started his career at Apollo in 1999, after working in the Investment Banking division of Smith Barney Inc. He graduated from the University of Pennsylvania’s Wharton School of Business, where he acquired his skills and knowledge in finance and investment.

At Apollo, Becker became a Partner and Co-Head of Impact within the Private Equity division. He managed the firm’s private equity efforts in various industry sectors, such as business services, transportation & logistics, financial services, payments, real estate services, home builders, and building products. He also served on the Investment Committee for Apollo’s private equity division and chaired the Investment Committee for Apollo’s US and Asia real estate private equity division.

Becker was responsible for leading some of Apollo’s most significant deals and investments, such as the acquisition of ADT Corporation, a leading provider of security and automation solutions for homes and businesses, in 2016. He served as the Chairman of the Board of ADT since then, steering the company’s growth and development. He also served on the board of directors of several other companies that Apollo invested in or acquired, such as Sun Country Airlines, Realogy Corporation, Affinion Group Holdings, Inc., CEVA Holdings, LLC, Evertec Group, LLC, National Financial Partners, Novitex Holdings, Inc., Quality Distribution, Inc., Pacer International, Apollo Residential Mortgage, Inc., and SourceHOV Holdings Inc.

Becker was also a visionary leader who initiated Apollo’s efforts to create a dedicated impact investing platform that would focus on generating positive social and environmental outcomes alongside financial returns. He co-led the platform with Lisa Hall, a former Managing Director at Anthos Fund & Asset Management. The platform was launched in September 2020, with the aim of investing in companies that address critical challenges such as climate change, health and wellness, education and workforce development, financial inclusion, and community development.

A Committed Philanthropist

Becker was not only a remarkable businessman but also a committed philanthropist who supported various causes and organizations that aligned with his values and interests. He chaired the board of The TEAK Fellowship, a nonprofit organization that helps talented students from low-income families achieve their academic and career goals. He also chaired the board of Park Avenue Synagogue, one of the largest and most influential Jewish congregations in North America. He was also a member of the University of Pennsylvania’s undergraduate financial aid leadership council, where he helped raise funds and awareness for student scholarships.

Becker was known for his generosity and kindness towards his family, friends, colleagues, and community. He was an avid triathlete who competed in several events around the world. He loved nature and enjoyed spending time at his farm in Glen Robertson with his partner Kathleen and his children Ryan, Kaitlyn, and Jordan.

Quick Summary

• Marc Becker was a Partner and Co-Head of Impact at Apollo Global Management
• He died on August 14th 2023 at age 47
• The cause of his death has not been revealed by his family or his company
• He had a remarkable career at Apollo for more than two decades
• He managed private equity efforts in various industry sectors
• Marc led some of Apollo’s most significant deals and investments
• He co-led Apollo’s dedicated impact investing platform
• He was a committed philanthropist who supported various causes and organizations
• He chaired the board of The TEAK Fellowship and Park Avenue Synagogue
• Marc was a member of the University of Pennsylvania’s undergraduate financial aid leadership council
• He was an avid triathlete who competed in several events around the world
• He loved nature and enjoyed spending time at his farm in Glen Robertson with his partner Kathleen and his children Ryan, Kaitlyn, and Jordan

FAQs

1. Who was Marc Becker?

   Marc Becker was a Partner and Co-Head of Impact at Apollo Global Management, a distinguished figure in the business world, and a committed philanthropist.

2. When and how did Marc Becker die?

   Marc Becker died on August 14, 2023, at the age of 47. His family and his company have not revealed the cause of his death.

3. What did Marc Becker do at Apollo?

   Marc Becker managed the firm’s private equity efforts in various industry sectors, such as business services, transportation & logistics, financial services, payments, real estate services, home builders, and building products. He also co-led Apollo’s dedicated impact investing platform that focused on generating positive social and environmental outcomes alongside financial returns.

4. What were some of Marc Becker’s notable achievements?

   Marc Becker was responsible for leading some of Apollo’s most significant deals and investments, such as the acquisition of ADT Corporation, a leading provider of security and automation solutions for homes and businesses, in 2016. He served as the Chairman of the Board of ADT since then. He also served on the board of directors of several other companies that Apollo invested in or acquired.