Apollo Global Management has reportedly picked Austin, Texas, as the city that will host its second US headquarters, as Wall Street firms look to escape Mayor Zohran Mamdani’s tax-and-spend, left-wing policies.
After narrowing down the choices to Texas and Florida, the Marc Rowan-led powerhouse chose Austin over apparent concerns about the lack of private schools in the Sunshine State, the Financial Times reported Friday.
Apollo manages money for pension funds, insurers and wealthy investors — and controls more than $800 billion in assets. The firm runs its empire from a Midtown tower at 9 W. 57th St., with views over Central Park.
Now it wants a major base far from Manhattan…