A ntony Ressler is a towering figure in the world of private equity, having co-founded two of the largest alternative asset management firms in the world. His career began in the 1980s at the investment bank Drexel Burnham Lambert, where he worked in the high-yield bond department under Michael Milken. It was there he met his future brother-in-law, Leon Black, and other partners with whom he would later make financial history.
In 1990, after Drexel's collapse, Ressler co-founded the private equity giant Apollo Global Management with Leon Black and Joshua Harris. Seven years later, in 1997, he left Apollo to co-found another firm, Ares Management, with a focus on credit-based strategies. He has successfully built Ares into a massive global investment manager with hundreds of billions of dollars under management. Beyond his phenomenal success in finance, Ressler is the majority owner of the Atlanta Hawks NBA team, leading a group that purchased the franchise in 2015.
Advertisement
Born in Washington D.C. in 1960, Antony 'Tony' Ressler is an American billionaire investor and the co-founder of two of the world's most dominant alternative asset management firms, Apollo Global Management and Ares Management. His intellectual foundation was rigorous: he earned a B.S.F.S. (Bachelor of Science in Foreign Service) from Georgetown University's Walsh School of Foreign Service and an MBA from Columbia Business School.
After graduating, he began his career at the notorious investment bank Drexel Burnham Lambert, where he became a Senior Vice President in the high-yield bond department, gaining crucial experience in the high-stakes, leveraged world of corporate finance. This exposure to complex credit instruments and distressed debt became the cornerstone of his future, multi-billion dollar private equity career.
Antony Ressler’s career is defined by his ability to pivot from the collapse of one giant firm to the creation of two new ones. Following the demise of Drexel Burnham Lambert, Ressler, along with his brother-in-law Leon Black, co-founded the private equity firm Apollo Global Management in 1990. This move positioned him at the vanguard of the distressed investing movement.
In 1997, Ressler left Apollo to co-found Ares Management Corporation with John H. Kissick and Bennett Rosenthal. Under his leadership as Executive Chairman, Ares Management grew into a leading global alternative asset management firm with hundreds of billions of dollars in assets under management, specializing in credit, private equity, real estate, and secondary solutions. In 2015, Ressler made his most high-profile consumer acquisition, leading the group that bought the Atlanta Hawks NBA team, cementing his status as a key investor who bridges finance, sports, and philanthropy.
Advertisement
Born in Washington D.C.
Graduates from Georgetown University; later earns an MBA from Columbia Business School.
Co-founds Apollo Global Management after the collapse of Drexel Burnham Lambert.
Co-founds Ares Management Corporation.
Founds the Alliance for College-Ready Public Schools.
Leads the acquisition of the Atlanta Hawks NBA team, becoming Principal Owner.
Serves as Executive Chairman of Ares Management and Co-Chair of LACMA.
Antony Ressler’s wealth is concentrated in his controlling stake in Ares Management Corporation (NYSE: ARES) and his ownership of a major professional sports team.
Advertisement
Antony Ressler’s philanthropy is highly structured and focused on two core areas: education and children’s welfare/arts. He views his financial success as a platform for civic reform, particularly in Los Angeles and Atlanta.
Antony Ressler embodies the refined, powerful style of a top-tier private equity founder who commands global capital. His attire is consistently bespoke, favoring sharp, conservative business suits that reflect his D.C. and Wall Street roots. His presentation is professional, authoritative, and focused, suitable for both the investment world and the high-profile environment of NBA ownership.
His lifestyle is centered on Los Angeles (where Ares is headquartered) and Atlanta (where the Hawks operate). He is married to actress Jami Gertz, creating a powerful crossover couple in finance and entertainment. His luxury is expressed through his co-chairmanship of LACMA, giving him immense cultural influence, and his ownership of a major professional sports team. His life is one of intense strategic focus, balancing the high-stakes world of finance with high-impact civic and cultural leadership.
Advertisement
No publicly available quotes.
Advertisement
-1.47% | -$64.32M
+0.23% | +$46.02M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
If you find any inaccuracies, please report them to admin@redcarpetlife.in
Sponsored Content