Apollo has named Jason Scheir as co-head of its Hybrid Value business, which combines Apollo’s equity and yield strategies in one global team to provide debt and equity services.

In his role as head of Hybrid Value U.S. and as a partner with 15 years at the firm, Scheir has worked as a deal originator, underwriter, hybrid value investment committee member and team culture leader. Some of the deals he has led include GI Alliance, U.S. Acute Care Solutions, Atlas Air, Expedia and Westinghouse, among others. Scheir will serve alongside Hybrid Value co-head Rob Ruberton, with Matt Michelini, head of Asia-Pacific at Apollo, serving as investment committee chair.