Apollo Pushes to Open a Second Headquarters in Florida or Texas

Apollo Global Management Inc. is looking to open a second US headquarters and is considering basing it in south Florida or Texas, the company said Sunday.

Such a step would make Apollo the latest in a group of financial companies opening headquarters in the Sun Belt after the post-pandemic migration out of high-cost-of-living areas in the Northeast and on the West Coast.

“We’ve shared with our teams across Apollo and Athene that we plan to establish a second headquarters in either Texas or south Florida, alongside NYC,” an Apollo spokesperson wrote in a response to questions. “This decision is driven ...