Apollo’s Larry Berg, a Private Equity Senior Partner, to Retire

Apollo Global Management Inc. said that Larry Berg, a senior partner with its private equity arm, is set to retire after three decades with the firm.

Berg, 56, has been with the New York-based alternative-investment company since 1992. He’s also chairman of McGraw-Hill Education Inc., is a director at Maxim Crane Works, Jacuzzi Brands and Vanta Education, and sits on the University of Phoenix’s board of trustees. Prior to joining Apollo, Berg was a member of the mergers and acquisitions group at Drexel Burnham Lambert Inc.

Larry Berg

Photographer: Emma McIntyre/Getty Images

“Larry will retire as a partner later in 2022 after 30 ...