Apollo Global Management plans to establish a new strategic hub in Austin, a move state leaders say will bring new investment and jobs to Central Texas. The company said the Austin office will focus on innovation, emerging technology, and developing new businesses across its asset management and retirement services operations. The hub will also serve as a center for technology and operational development as Apollo continues to expand. Apollo cited Texas’ business climate, growing technology sector, and access to a skilled workforce as key reasons for choosing Austin. Austin Mayor Kirk Watson also welcomed the investment, saying it will create new career opportunities for local graduates and professionals.