Private equity firm, Apollo Global Management, has postponed its planned $500 million initial public offering, Reuters reports. The move comes as the company is waiting for the broader market indexes to settle down amid continuing crises in the Middle East and Japan.

Apollo was expecting to go public in early April. The company, with $67.6 billion in assets under management, appointed Goldman Sachs, JP Morgan Chase and Bank of America Merrill Lynch as lead IPO underwriters.

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