Apollo Co-Founder Taps Private Equity Playbook for Educational Nonprofit

Marc Rowan, co-founder of global private-equity firm Apollo Global Management , spent decades buying companies with an eye toward improving them with new capital, leadership, accountability and operating strategies.

He used a similar strategy to shape a charity that seeks to improve educational access and social mobility in Israel. Mr. Rowan credits a strong education for his own success and said he wanted to provide the same opportunity to students who may not have had the same access to quality education.

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