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Apollo Investment Firm Names Gold as New Compliance Chief

Dec. 5, 2019, 8:24 PM

Apollo Investment Corp., the publicly traded arm of investment giant Apollo Global Management Inc., has named Isabelle Gold as its new compliance chief.

Gold will become the New York-based company’s chief compliance officer as of Jan. 1, 2020, Apollo announced in a Dec. 4 securities filing. The move is a promotion for Gold, who left her role as litigation counsel at Akin Gump Strauss Hauer & Feld in early 2016 to join Apollo as a senior compliance officer.

An Apollo spokeswoman confirmed to Bloomberg Law that Gold will replace outgoing compliance chief Cindy Michel. Michel has notified the company of her intention to resign and said she would continue working for a time to transition her duties to other members of Apollo’s compliance group, according to a Sept. 30 securities filing.

Michel, 46, didn’t immediately respond to a request for comment about her post-Apollo plans. She joined Apollo as director of compliance in 2007 and was promoted to its top compliance role in 2014. Michel began her legal career as a litigation associate at a predecessor of DLA Piper before going in-house in 2003 at Credit Suisse Securities, where she spent a year, and Lehman Brothers Holdings Inc., where she served as director of private equity compliance until leaving the now-defunct investment giant in 2007.

Gold, 37, spent more than a half-dozen years at Akin Gump in New York before moving in-house at Apollo almost four years ago. Akin Gump, a longtime adviser to Apollo, has been paid at least $60,000 so far this year to lobby on tax reform issues for Apollo Management Holdings LP, according to quarterly filings with the U.S. Senate.

John Suydam, a former partner and head of mergers and acquisitions at O’Melveny & Myers, has served as Apollo’s top chief legal officer since 2006. Joseph Glatt, whose name appears on the securities filings detailing the recent compliance changes involving Gold and Michel, is chief legal officer for Apollo Investment Corp. and other affiliated Apollo entities.

To contact the reporter on this story: Brian Baxter in New York at bbaxter@bloomberglaw.com

To contact the editors responsible for this story: Seth Stern at sstern@bloomberglaw.com; Alexis Kramer at akramer@bloomberglaw.com

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