APO · Apollo Global Management, Inc.

124 filings

APO SEC Filings

Apollo Global Management, Inc. - 124 total filings

Filing record · 2022–202610-K410-Q148-K106

Showing 1–50 of 124 filings

Apollo Global Management, Inc. 8-K Report, Executive Changes (Oct 20, 2026)

Apollo Global Management, Inc. (APO) has announced a strategic expansion of its Board of Directors with the appointment of Mr. Meyer “Micky” Malka, effective January 1, 2027. This appointment increases the Board size to fourteen directors and reinforces the company's commitment to maintaining a strong independent board, with two-thirds of directors now being independent. Mr. Malka brings over three decades of extensive experience in building and investing in technology and financial services companies globally. His background, notably as the founder and managing partner of Ribbit Capital and his previous entrepreneurial ventures in fintech and banking, is expected to provide significant value as Apollo continues to innovate and drive growth across its diverse platform. The company anticipates this addition will bring a valuable entrepreneurial and global perspective to board discussions.

Oct 20, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Financial Results (Oct 5, 2026)

Apollo Global Management, Inc. (APO) has issued a Current Report on Form 8-K to provide preliminary estimates for its alternative net investment income for the third quarter ended September 30, 2026. The company anticipates generating approximately $375 million in pre-tax alternative net investment income, projecting an annualized return of 10% on its alternative net investments. This disclosure is made in advance of the official quarterly earnings release and financial supplement, which are scheduled for November 3, 2026.

Oct 5, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Regulation FD Disclosure (Sep 21, 2026)

Apollo Global Management, Inc. (APO) has filed an 8-K to disclose that its subsidiary, Athene Holding Ltd., has released an updated presentation titled “Athene Asset Risk & Stress Considerations, September 2026 Update.” This presentation is available on Athene's investor relations website. While this filing is primarily for disclosure purposes under Regulation FD and the information furnished is not deemed "filed" for liability purposes under Section 18 of the Exchange Act, it signifies an ongoing effort by Athene to provide transparency regarding its asset risk and stress testing methodologies. Investors should monitor this presentation for insights into how Athene is managing and assessing potential risks within its asset portfolio, which can have implications for Apollo's overall financial performance and stability.

Sep 21, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Regulation FD Disclosure (Aug 24, 2026)

Apollo Global Management, Inc. (APO) has filed an 8-K to announce the posting of a presentation titled “Apollo Multi-Asset Prime Securities (AMAPS) Overview Presentation” on its Investor Relations website. This filing serves to publicly disclose information related to the AMAPS product, ensuring broad access for investors and stakeholders. While the 8-K itself does not contain substantive financial data or strategic operational updates, it directs investors to a specific investor presentation. This suggests that the AMAPS Overview Presentation is intended to provide detailed insights into this particular product offering, which may be of interest to investors focused on Apollo's diverse investment strategies and product suite. Investors seeking further information should access the presentation directly via the provided website link.

Aug 24, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Regulation FD Disclosure (Aug 13, 2026)

Apollo Global Management, Inc. (APO) is filing this Form 8-K primarily to announce an upcoming Fixed Income Investor call hosted by its subsidiary, Athene Holding Ltd., on August 13, 2026. This call will provide an update on Athene's business operations, including current trends, new business origination, its investment portfolio, and capital position. Investors seeking insights into Athene's performance and strategy will find this call and the accompanying presentation valuable.

Aug 13, 2026 8-K

Apollo Global Management, Inc. 8-K/A Report, Shareholder Vote Results (Aug 12, 2026)

Apollo Global Management, Inc. (APO) has filed an 8-K/A amendment to its previous filing dated June 9, 2026. This amendment specifically addresses the frequency of future "say-on-pay" advisory votes, which pertain to the compensation of the company's named executive officers. No other aspects of the original report have been altered.

Aug 12, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Regulation FD Disclosure (Aug 11, 2026)

Apollo Global Management, Inc. (APO) has filed an 8-K report to disclose that its subsidiary, Athene Holding Ltd., has made a presentation available on its website. This presentation, titled "Overview of Athene’s Corporate Structure," offers insights into the organizational framework of Athene. Investors interested in understanding the operational and structural details of Athene, a significant component of Apollo's business, should review this publicly accessible material. While this filing primarily serves as a Regulation FD disclosure and the content is furnished rather than filed, it signals Athene's proactive approach to transparency regarding its corporate structure. Investors should note that this information is being made available to ensure broad dissemination and compliance with disclosure regulations. Further details regarding Athene's structure may provide context for its performance and strategic initiatives within the broader Apollo Global Management portfolio.

Aug 11, 2026 10-Q

Apollo Global Management, Inc. Quarterly Report for Q2 Ended Jun 30, 2026

Apollo Global Management, Inc. (APO) reported strong financial results for the quarter and six months ended June 30, 2026. Total revenues surged by 63.7% year-over-year for the quarter to $11.15 billion and by 31.1% for the six months to $16.21 billion, largely driven by significant growth in the Retirement Services segment, particularly from investment-related gains and net investment income. The Asset Management segment also demonstrated robust growth, with revenues increasing by 47.0% year-over-year for the quarter, fueled by higher management fees, advisory fees, and investment income. Net income attributable to Apollo Global Management, Inc. common stockholders was $1.34 billion for the quarter, a substantial increase from $605 million in the prior year. For the six-month period, the company reported a net loss of $594 million compared to a net income of $1.02 billion in the prior year, impacted by significant tax provisions and adjustments. The company's Fee Related Earnings (FRE) for the Asset Management segment saw a healthy increase of 25.2% for the quarter and 27.6% for the six months, indicating continued strength in its core fee-generating business. The Retirement Services segment's Spread Related Earnings (SRE) showed a more modest increase of 6.8% for the quarter but a slight decrease of 1.8% for the six months, reflecting the impact of higher funding costs and interest expenses. Total Assets Under Management (AUM) reached $1.05 trillion as of June 30, 2026, up from $839.6 billion in the prior year, highlighting the company's continued success in capital deployment and fundraising across its credit and equity strategies. The company also successfully managed its liquidity, ending the quarter with $25.4 billion in unrestricted cash and cash equivalents and substantial credit facilities available.

Aug 10, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Financial Results (Aug 4, 2026)

Apollo Global Management reported strong second-quarter 2026 operating results, led by record Fee Related Earnings (FRE) of $785 million, up 25% year over year, and record Spread Related Earnings (SRE) of $877 million, up 7%. Adjusted Net Income (ANI), the company's primary non-GAAP earnings metric, was $1,314 million, or $2.11 per share, compared with $1,179 million, or $1.92 per share, in the year-earlier quarter. Total AUM reached $1.05 trillion, up 25% year over year, supported by $60 billion of gross inflows in the quarter and $298 billion over the last twelve months. Gross capital deployment was $111 billion and origination was $74 billion. GAAP results were positive for the quarter, with net income attributable to common stockholders of $1,336 million, or $2.18 basic per share. Year-to-date GAAP results remain negative at $(594) million, or $(1.06) per share, because of a $1.7 billion one-time Bermuda tax charge recorded in the first quarter. Investors should weigh the non-GAAP figures against this volatility, since Retirement Services investment gains and losses and performance-fee timing caused large swings in reported GAAP income. Principal Investing Income was weak at $16 million, reflecting cyclically light realized performance fees of $130 million amid a slow exit environment. Capital returns continued, with a $0.5625 per-share dividend declared for the quarter, payable August 31, 2026. Apollo repurchased $102 million of stock in the quarter and has $3.03 billion remaining under its $4.0 billion program. Net Balance Sheet Value per share rose to $4.06 from $3.47. The main watch items are the Athene alternative portfolio, which earned a 9% return against management's 11% long-term expectation, and the continued reliance on realized performance fees and Athene's net spread, which declined to 1.14% from 1.22% a year earlier.

Aug 4, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Financial Results (Jul 1, 2026)

Apollo Global Management, Inc. (APO) has pre-released preliminary estimates for its alternative net investment income for the second quarter ended June 30, 2026. The company anticipates alternative net investment income to be approximately $350 million on a pre-tax basis, representing an estimated annualized return of 9% on its alternative net investments. This disclosure provides investors with an early look at key performance metrics ahead of the official earnings release scheduled for August 4, 2026. Investors should note that these figures are preliminary and subject to change as final financial closing procedures are completed. The company explicitly cautions against relying solely on this information, as actual results could differ materially. The preliminary results are not audited and should not be considered indicative of future performance or a substitute for the full financial statements prepared under U.S. GAAP. The disclosure offers insights into the performance of Apollo's Retirement Services segment, specifically highlighting the contribution of Athene.

Jul 1, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Shareholder Vote Results (Jun 9, 2026)

Apollo Global Management, Inc. (APO) held its 2026 Annual Meeting of Stockholders on June 8, 2026. The primary outcomes of the meeting involved the election of the Board of Directors, advisory votes on executive compensation, and the ratification of the independent auditor. All proposed matters were approved by the stockholders, indicating a generally stable governance environment and continued confidence in the current leadership and external audit firm. Key outcomes include the election of all thirteen director nominees for a one-year term and the approval, on an advisory basis, of the named executive officers' compensation. The company also received stockholder approval for an annual "say-on-pay" vote frequency. The appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, was also ratified.

Jun 9, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Regulation FD Disclosure (May 15, 2026)

Apollo Global Management, Inc. (APO) announced via an 8-K filing on May 15, 2026, that its subsidiary, Athene Holding Ltd., will be hosting a Fixed Income Investor call. The primary purpose of this call is to provide investors with an update on Athene's business operations, including current business trends, new business origination, the performance and composition of its investment portfolio, and its capital position. This event offers a direct channel for investors to gain insights into a key segment of Apollo's business directly from Athene's senior management.

May 15, 2026 10-Q

Apollo Global Management, Inc. Quarterly Report for Q1 Ended Mar 31, 2026

Apollo Global Management, Inc. (APO) reported a net loss attributable to common stockholders of $(1,930) million, or $(3.27) per diluted share, for the three months ended March 31, 2026, a significant decrease from a net income of $418 million, or $0.68 per diluted share, in the prior year period. This downturn was largely driven by a substantial $(2,078) million in investment-related losses in the Retirement Services segment, primarily due to unfavorable fair value changes in mortgage loans, reinsurance assets, trading securities, and indexed annuity hedging derivatives, impacted by rising interest rates and equity market performance. Despite the net loss, the Asset Management segment showed robust growth, with management fees increasing by 37% and Fee Related Earnings (FRE) growing by 30.2% to $728 million, driven by higher AUM and strong performance across credit and equity strategies, including the acquisition of Bridge. The Retirement Services segment's net investment income increased by 18.4%, but this was overshadowed by significant investment-related losses. The company ended the quarter with total assets of $467.5 billion, an increase from $460.9 billion at the end of 2025, and maintained strong liquidity with $21.4 billion in unrestricted cash and cash equivalents.

May 7, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Financial Results (May 6, 2026)

Apollo Global Management (NYSE: APO) reported first-quarter 2026 results on May 6, 2026, with a GAAP net loss attributable to common stockholders of $1.9 billion, or $(3.27) per share. The loss was driven by a one-time $1.7 billion income tax expense tied to the revocation of ACRA's election under Bermuda's Corporate Income Tax Act, which led to a full valuation allowance against Bermuda deferred tax assets. Management emphasized the underlying operating results: Fee-Related Earnings (FRE) reached a record $728 million (up 30% year-over-year), Spread-Related Earnings (SRE) were $719 million, and Adjusted Net Income (ANI), Apollo's primary non-GAAP metric, was $1.2 billion, or $1.94 per share. Total assets under management crossed the $1 trillion milestone, reaching $1.03 trillion (up 31% year-over-year), supported by record total inflows of $115 billion in the quarter and $300 billion over the last twelve months. Origination reached $71 billion in the quarter, and capital solutions fees hit a record $246 million. Note that quarterly SRE declined 11% year-over-year and 17% sequentially as alternative net investment income fell to $210 million, reflecting a 6% alternative return versus management's 11% long-term expectation; the quarter's Athene spread was 0.97%, down from 1.20% in 4Q'25. On capital returns, the board declared a common dividend of $0.5625 per share payable May 29, 2026, and Apollo repurchased $866 million of stock in the quarter, including $792 million to offset dilution from equity plan issuances. Net balance sheet value per share fell to $3.47 from $4.48, largely reflecting the tax charge and higher debt of $6.3 billion at HoldCo. Investors should weigh the strong fee-based growth against the one-time tax hit and softer spread earnings.

May 6, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Regulation FD Disclosure (May 1, 2026)

Apollo Global Management, Inc. (APO) has filed an 8-K to disclose that its subsidiary, Athene Holding Ltd., has released three investor presentations on its investor relations website. These presentations, titled "Alternatives Portfolio Spotlight May 2026," "Asset Portfolio Compendium May 2026," and "'Affiliated' and 'Related Party' Assets May 2026," provide an updated look into Athene's investment strategies and asset management. Investors seeking to understand the performance and composition of Athene's portfolios, particularly its alternative and affiliated/related party assets, will find this information relevant.

May 1, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Financial Results (Apr 1, 2026)

Apollo Global Management, Inc. (APO) has released preliminary estimates for its alternative net investment income for the first quarter ended March 31, 2026. The company anticipates reporting approximately $205 million in pre-tax alternative net investment income, representing an estimated 6% annualized return on its alternative net investments. This disclosure, provided ahead of the official quarterly earnings release on May 6, 2026, offers an early look at performance drivers within its key subsidiary, Athene. The reported figures indicate that Athene's pooled investment vehicle, which houses a significant portion of its alternative assets, is estimated to have achieved an annualized return of approximately 7% for the quarter. This performance is notable given the challenging equity market environment, evidenced by a roughly (17)% annualized total return for the S&P 500 during the same period. Athene's other alternative investments, including retirement services platforms, contributed an estimated 3% annualized return, with its investment in Athora Holding Ltd. reflecting a valuation consistent with its year-end book value.

Apr 1, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Material Agreement (Mar 30, 2026)

Apollo Global Management, Inc. (APO) announced the issuance of $750 million in 5.700% Senior Notes due 2036. This debt offering, conducted via an underwritten public offering, aims to bolster the company's financial flexibility and strategically manage its capital structure. A significant portion of the proceeds is earmarked for the repayment of $500 million of its 4.400% Senior Notes due 2026, indicating a proactive approach to debt management and potentially optimizing interest expense. The company is leveraging an existing shelf registration statement for this issuance, streamlining the process. The new notes bear a semi-annual interest payment and mature in 2036, providing a long-term funding source. Investors in these new notes are essentially extending the duration of their credit exposure to Apollo Global Management, while the company itself is refinancing maturing debt with longer-term obligations and potentially locking in favorable interest rates for an extended period. This move suggests confidence in the company's future cash flow generation capabilities to service the new, longer-term debt.

Mar 30, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Corporate Update (Mar 24, 2026)

Apollo Global Management, Inc. (APO) announced in an 8-K filing dated March 24, 2026, the unfortunate passing of a member of its Board of Directors, David Simon, on March 22, 2026. Mr. Simon had been an independent director since June 2021 and was a dedicated contributor to the company's oversight. The company has expressed its deep regret and extended condolences to his family and friends. While this is a somber event, it is important for investors to note that this 8-K filing is purely informational regarding the board composition change due to Mr. Simon's passing. It does not contain any new financial information, strategic updates, or operational changes that would immediately impact the company's financial performance or valuation. Investors should continue to monitor future filings for any updates related to board succession planning.

Mar 24, 2026 10-K

Apollo Global Management, Inc. Annual Report, Year Ended Dec 31, 2025

Apollo Global Management, Inc. (APO) reported a robust fiscal year 2025, demonstrating significant growth across its core business segments. The Asset Management segment saw a substantial increase in Assets Under Management (AUM) to $938.4 billion, driven by strong net flows and the acquisition of Bridge, with management fees rising by 25.2% year-over-year. The Retirement Services segment, operated by Athene, also experienced considerable growth, with total revenues increasing by 23.3% to $27.0 billion, largely due to a 22.4% rise in net investment income driven by portfolio expansion and favorable interest rate environments. Principal Investing Income (PII) showed a 24.7% increase, reflecting improved realized performance fees. The company maintained a strong liquidity position, with $18.3 billion in unrestricted cash and cash equivalents, supporting its strategic initiatives and dividend payments.

Feb 25, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Regulation FD Disclosure (Feb 19, 2026)

Apollo Global Management, Inc. (APO), through its subsidiary Athene Holding Ltd., announced an upcoming Fixed Income Investor call scheduled for February 19, 2026. This call will feature Athene's senior management providing updates on key operational and financial aspects, including current business trends, new business origination, the investment portfolio, and capital. Investors are encouraged to attend this event to gain direct insights into Athene's performance and strategic direction. A presentation related to the investor call has also been made available on Athene's Investor Relations website. The information shared during this call and in the accompanying presentation is being furnished under Regulation FD, meaning it is not formally filed with the SEC and will not be incorporated by reference into other filings unless specifically stated. This disclosure format emphasizes the direct communication of material information to investors.

Feb 19, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Financial Results (Feb 9, 2026)

Apollo Global Management (NYSE: APO) reported fourth quarter and full year 2025 results on February 9, 2026, with record operating performance across its core earnings measures. Fee Related Earnings (FRE) reached a record $690 million in the fourth quarter and $2.53 billion for the full year, up 22.5% year-over-year, while Spread Related Earnings (SRE) were $865 million for the quarter and a record $3.36 billion for 2025, up 4.2%. Combined Fee and Spread Related Earnings totaled a record $5.9 billion for the year. Adjusted Net Income (ANI), the company's primary non-GAAP earnings metric, was $1.54 billion ($2.47 per share) in the quarter and $5.2 billion ($8.38 per share) for 2025. GAAP net income attributable to common stockholders was $660 million ($1.07 per diluted share) for the quarter and $3.4 billion ($5.54 diluted) for the full year, lower than the prior year, largely reflecting volatility in Retirement Services investment-related and market risk benefit items. Growth indicators were strong. Total assets under management rose 25% year-over-year to $938 billion, driven by record 2025 gross inflows of $228 billion, and fee-generating AUM reached $709 billion. Origination hit a record $309 billion for the year, and capital solutions fees reached a record $808 million. Principal Investing Income was $227 million in the quarter, aided by $588 million of realized performance fees, though management noted that 2025 realizations from flagship private equity funds were cyclically light as monetizations were delayed. For shareholders, the board declared a quarterly common dividend of $0.51 per share (payable February 27, 2026) and announced intent to raise the 2026 annual dividend 10% to $2.25 per share from $2.04. The board also terminated the prior $3.0 billion repurchase authorization and approved a new $4.0 billion program, effective February 9, 2026. Management repurchased $260 million of stock in the fourth quarter and about $1.4 billion for the year. Net balance sheet value per share declined to $4.48 from $4.73 in the prior quarter, while HoldCo debt increased to $5.5 billion.

Feb 9, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Financial Results (Jan 2, 2026)

Apollo Global Management, Inc. (APO) has issued a Current Report (8-K) on January 2, 2026, providing preliminary estimates for its alternative net investment income for the fourth quarter of 2025. The company anticipates approximately $325 million in pre-tax alternative net investment income, representing an estimated annualized return of 10% on its alternative net investments. This disclosure is being made prior to the official earnings release scheduled for February 9, 2026, and offers investors an early look at a key performance metric. Specifically, within its subsidiary Athene Holding Ltd., the estimated annualized return on Athene's pooled investment vehicle for alternative investments was approximately 10% for the quarter, while other alternative investments, including retirement services platforms, yielded an estimated 7%. Investors should note that these are preliminary figures, subject to potential material adjustments following the completion of financial closing procedures and independent audit. These estimates are not a substitute for audited financial statements and should not be interpreted as indicative of future performance.

Jan 2, 2026 8-K

Apollo Global Management, Inc. 8-K Report, Executive Changes (Dec 12, 2025)

This 8-K filing from Apollo Global Management, Inc. (APO) on December 12, 2025, primarily details significant compensation adjustments for key executive officers, specifically the Chief Financial Officer (CFO) and Chief Legal Officer (CLO). The Compensation Committee has approved substantial restricted share unit (RSU) grants to Martin Kelly (CFO) valued at $10 million and Whitney Chatterjee (CLO) valued at $13.5 million. These grants are intended to recognize performance, ensure market competitiveness, and retain these critical executives during a period of company growth and transformation. The RSUs are subject to specific vesting conditions tied to the company's performance fee income and will not deliver shares until 2029. Furthermore, executive officers, including Scott Kleinman, have been offered the ability to defer settlement of equity awards, with Mr. Kleinman electing to defer portions of his 2021 RSU awards to 2029 and 2032. These compensation actions underscore a focus on long-term value creation and alignment with shareholder interests.

Dec 12, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Regulation FD Disclosure (Nov 24, 2025)

Apollo Global Management, Inc. (APO) has filed a Form 8-K to announce the availability of a presentation for its upcoming Retirement Services Business Update. This presentation, which is accessible via the Investor Relations section of their website (ir.apollo.com), will be used during the event scheduled for November 24, 2025. Investors seeking information on the company's retirement services strategy and performance should review this material. The filing serves as a notification that the presentation is now public, allowing investors to prepare for and engage with the information to be discussed during the business update. It's important to note that the content furnished under Item 7.01 is not considered "filed" for certain regulatory purposes, but it provides crucial insights into the company's strategic direction and operational developments within its retirement services segment.

Nov 24, 2025 10-Q

Apollo Global Management, Inc. Quarterly Report for Q3 Ended Sep 30, 2025

Apollo Global Management, Inc. (APO) reported robust financial performance for the nine months ended September 30, 2025. Total revenues grew to $22.19 billion, a 6.5% increase year-over-year, primarily driven by strong performance in both the Asset Management and Retirement Services segments. Asset Management saw a significant 23.3% rise in management fees, bolstered by the acquisition of Bridge and organic growth within its credit and equity strategies, contributing to Fee Related Earnings (FRE) growth. The Retirement Services segment, primarily Athene, delivered a substantial increase in net investment income, up 22.2%, due to growth in its investment portfolio and favorable interest rate environments for new deployments. This drove a 4.7% increase in Spread Related Earnings (SRE). However, Principal Investing Income (PII) experienced a decline of 15.9%, largely due to lower realized performance fees and a rise in principal investing compensation. Total assets grew to $449.54 billion, reflecting the company's expanding AUM and the impact of the Bridge acquisition. The company maintained a solid liquidity position with $21.2 billion in cash and cash equivalents across its operations.

Nov 10, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Material Agreement (Nov 7, 2025)

Apollo Global Management, Inc. (APO) has announced the successful closing of a public offering of senior notes, raising a total of $750 million. This issuance includes $400 million of 4.600% Senior Notes due 2031 and an additional $350 million of 5.150% Senior Notes due 2035. The proceeds from this offering are earmarked for general corporate purposes, indicating a strategic move to bolster the company's financial flexibility and operational capacity. The issuance was conducted under a previously established shelf registration statement and represents a material definitive agreement, as detailed in Item 1.01 of the 8-K filing. The new 2035 notes will be consolidated with the existing issuance, bringing the total outstanding principal for this series to $850 million. Investors should note that this is a debt financing transaction, increasing the company's leverage.

Nov 7, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Financial Results (Nov 4, 2025)

Apollo Global Management (APO) reported third-quarter 2025 results that were strong on fee-based earnings and asset growth, though realized principal investing income remained soft. Adjusted Net Income (ANI), the company's primary non-GAAP earnings metric, rose about 20% year-over-year to $1.36 billion, or $2.17 per share, versus $1.85 per share in 3Q'24. GAAP net income attributable to common stockholders was $1.71 billion, or $2.82 per share, which includes investment gains and is more volatile than ANI. Fee Related Earnings (FRE) reached a record $652 million, up 23% year-over-year, supported by management fee growth of 22%, capital solutions fees up 33%, and higher fee-related performance fees. Spread Related Earnings (SRE) of $871 million was near record but grew only about 2% year-over-year, as net spread compressed to 1.24% from 1.44% and Athene's alternative investment return of 10% fell short of management's 11% long-term expectation. Assets under management reached $908 billion, up 24% year-over-year, with $82 billion of gross inflows in the quarter (including the Bridge Investment Group acquisition) and $219 billion over the last twelve months. Origination of $75 billion and gross capital deployment of $99 billion point to continued deal activity. Principal Investing Income was weak at $50 million, as realized performance fees of $201 million remained cyclically light, with management noting that monetization of flagship private equity and hybrid funds is being delayed in an uncertain exit environment. Management also returned capital, repurchasing $356 million of stock and declaring a $0.51 per share common dividend. For investors, the central takeaway is that Apollo's fee-related earnings engine is compounding at a high rate and now provides a larger share of total earnings, while the Retirement Services spread business is growing steadily but with margin pressure. Investor focus should remain on future realized performance fees, net spread trends at Athene as the company deploys capital into higher-cost liabilities, and whether the Bridge acquisition and dilution from share issuance continue to be accretive on a per-share basis.

Nov 4, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Financial Results (Oct 2, 2025)

Apollo Global Management, Inc. (APO) has filed a Current Report (8-K) on October 2, 2025, providing preliminary estimates for its alternative net investment income for the third quarter ended September 30, 2025. The company anticipates alternative net investment income to be approximately $325 million pre-tax, which translates to an estimated annualized return of 10% on its alternative net investments. This disclosure is made prior to the official release of its quarterly earnings and financial supplement on November 4, 2025. Investors should note that these figures are preliminary and have not been audited or reviewed by an independent auditor. Apollo management has cautioned that actual results could differ materially due to various factors identified during the financial closing process. The report emphasizes that this preliminary data should not be considered a substitute for full U.S. GAAP financial statements or indicative of future performance, and investors should exercise caution when relying on this information.

Oct 2, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Executive Changes (Sep 30, 2025)

Apollo Global Management, Inc. (APO) has filed a Form 8-K to report the resignation of a director, Pauline Richards, from its Board of Directors, effective September 30, 2025. The filing explicitly states that Ms. Richards' departure was not due to any disagreement with the company's management or the Board. This information is material for investors as it relates to corporate governance and board composition, although the lack of stated disagreement suggests it is a routine change. Investors should monitor future filings for any commentary on the reasons for the resignation or the process for potentially filling the vacancy.

Sep 30, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Corporate Update (Sep 2, 2025)

Apollo Global Management, Inc. (APO) has filed a Current Report on Form 8-K to disclose the filing of a prospectus supplement covering the resale of up to 370,639 shares of its common stock. These shares are being resold by specific selling stockholders, Bridge Debt Management Company LLC and Bridge Debt Strategies Employee PI Holdco LLC, who received them under a purchase agreement dated September 1, 2025. The filing also includes legal opinions and consents related to the legality of these shares. This filing is primarily administrative, confirming the registration of these shares for resale and providing the necessary legal documentation. Investors should note that this event does not represent a new issuance of shares by the company, but rather the facilitation of resale for shares already held by these entities. The key takeaway for investors is the transparency provided regarding the potential availability of these shares in the market.

Sep 2, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Regulation FD Disclosure (Aug 14, 2025)

Apollo Global Management, Inc. (APO) has announced that its subsidiary, Athene Holding Ltd., has released a new investor presentation titled ‘Related Party’ Investments August 2025. This presentation is available on Athene's Investor Relations website. While this filing is primarily for disclosure purposes under Regulation FD and the information is being furnished rather than filed, it signals a focus on transparency regarding related party investments by Athene. Investors interested in the specifics of these related party transactions and their potential impact on Apollo and Athene should review the newly released presentation.

Aug 14, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Material Agreement (Aug 12, 2025)

Apollo Global Management, Inc. (APO) has filed an 8-K to report the issuance of $500 million in 5.150% Senior Notes due 2035. These notes were issued through an underwritten public offering and are backed by an indenture with U.S. Bank Trust Company, National Association, as trustee. The primary use of proceeds is for general corporate purposes, with a significant allocation designated for repaying outstanding senior secured notes and other debt of Bridge Investment Group Holdings Inc. following the consummation of APO's acquisition of Bridge Investment Group Holdings Inc. This debt issuance and its intended use signal a strategic move to finance a key acquisition and manage existing liabilities within the acquired entity. Investors should note that the issuance of these notes is part of Apollo's broader strategy, which includes the acquisition of Bridge Investment Group. The 5.150% interest rate represents the cost of this specific debt, and its long-term maturity (2035) indicates a commitment to deleveraging and financing growth over an extended period. The company has utilized a previously filed shelf registration statement and prospectus supplements to facilitate this offering, demonstrating established procedures for capital raising.

Aug 12, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Regulation FD Disclosure (Aug 12, 2025)

Apollo Global Management, Inc. (APO) has filed a Form 8-K to announce that its subsidiary, Athene Holding Ltd., will host a Fixed Income Investor call on August 12, 2025. The primary purpose of this call is to provide investors with an update on Athene's current business trends, new business origination efforts, the performance and composition of its investment portfolio, and its capital position. Investors seeking insights into Athene's operational performance and strategic direction will find this call and its accompanying presentation material valuable. The webcast replay will be available on Athene's Investor Relations website, allowing for convenient access to the information shared by Athene's senior management team.

Aug 12, 2025 10-Q

Apollo Global Management, Inc. Quarterly Report for Q2 Ended Jun 30, 2025

Apollo Global Management, Inc. (APO) reported its financial results for the quarter ended June 30, 2025. The company experienced a notable increase in total revenues driven by its Asset Management segment, which saw strong growth in management fees. However, total revenues for the six-month period declined due to a significant drop in investment-related gains (losses) within the Retirement Services segment, primarily attributed to unfavorable foreign exchange impacts and changes in hedging derivatives. The Retirement Services segment, operated by Athene, showed growth in net investment income, but faced higher costs due to increased interest expenses and policy and other operating expenses. The company's equity-based compensation expense, a significant operating cost, saw a slight increase in the quarter but a decrease year-over-year for the six-month period, influenced by the phasing out of certain one-time grants. Despite some headwinds, the company's overall segment income saw a substantial increase for both the three and six-month periods, driven by the robust performance of its Asset Management and Retirement Services segments.

Aug 7, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Financial Results (Aug 5, 2025)

Apollo Global Management (NYSE: APO) reported second-quarter 2025 results on August 5, 2025, with GAAP net income attributable to common stockholders of $605 million ($1.00 per share), down from $828 million in 2Q'24, though the quarter's headline story is strong operating earnings. Adjusted Net Income (ANI), the firm's primary non-GAAP metric, reached $1.179 billion ($1.92 per share), up 17% year over year from $1.009 billion. Fee Related Earnings (FRE) hit a record $627 million (up 21.5%), and Spread Related Earnings (SRE) rose 16% to $821 million, together producing a record $1.448 billion of combined fee and spread earnings. Management attributed this to record management fees, record capital solutions fees of $216 million, and record quarterly organic inflows of $49 billion. Total assets under management reached $840 billion, up 21% year over year, with fee-generating AUM of $638 billion. Gross inflows were $61 billion in the quarter and $179 billion over the last twelve months, and origination hit a record $81 billion. Nearly 60% of total AUM and 75% of fee-generating AUM is perpetual capital, which supports the durability of fee streams. Athene's alternative investment portfolio returned 10% in the quarter, slightly below management's 11% long-term expectation, and GAAP results were affected by a $257 million impairment on an equity investment. Capital return remained active: the board declared a $0.51 quarterly common dividend payable August 29, 2025, and $0.8438 per share on the Mandatory Convertible Preferred Stock. Apollo repurchased more than $1.3 billion of common stock over the last twelve months, including $557 million of opportunistic buybacks, and noted a pending acquisition of Bridge Investment Group expected to close in the third quarter of 2025.

Aug 5, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Regulation FD Disclosure (Aug 1, 2025)

Apollo Global Management, Inc. (APO) has filed an 8-K report on August 1, 2025, to disclose information regarding its subsidiary, Athene Holding Ltd. Athene has released an updated presentation titled 'Athene Asset Portfolio: Risk & Stress Considerations Update - August 2025 Update'. This presentation is available to investors on the Investor Relations section of Athene's website. The filing itself is for informational purposes under Regulation FD and is not considered 'filed' for other regulatory purposes, meaning it won't be automatically incorporated into other SEC filings unless specifically referenced.

Aug 1, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Executive Changes (Jul 2, 2025)

Apollo Global Management, Inc. (APO) announced a key leadership change through an 8-K filing on July 2, 2025, reporting an event date of June 30, 2025. The Board of Directors has appointed Kristiane Kinahan as the new Chief Accounting Officer (CAO), effective immediately. This appointment signifies a move to strengthen the company's financial reporting and compliance functions with an experienced professional. Ms. Kinahan brings extensive experience in financial reporting and SEC compliance, having previously served as Managing Director and Head of Financial Reporting at Apollo since November 2021. Her prior roles at The Goldman Sachs Group, Vornado Realty Trust, and KPMG further solidify her qualifications for this critical executive position. Investors can view this as a positive development, indicating a commitment to robust financial oversight and accounting practices.

Jul 2, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Financial Results (Jul 1, 2025)

Apollo Global Management, Inc. (APO) has issued a Current Report (8-K) on July 1, 2025, providing preliminary estimates for its alternative net investment income for the second quarter ended June 30, 2025. The Company anticipates alternative net investment income to be approximately $305 million (pre-tax), representing an estimated 10% annualized return on its alternative net investments. This figure includes an estimated 10% annualized return on Athene's pooled investment vehicle and an estimated 8% annualized return on other Athene alternative investments, including retirement services platforms. Investors should note that these figures are preliminary and have not been audited or reviewed by an independent accounting firm. The Company cautions that actual results may differ materially due to various factors encountered during the financial closing procedures. This disclosure is intended to provide early insight and should not be considered a substitute for the full financial statements scheduled for release on August 5, 2025, nor is it indicative of future performance. Additionally, Athene has made a presentation on its corporate structure available on its website.

Jul 1, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Shareholder Vote Results (Jun 6, 2025)

Apollo Global Management, Inc. (APO) filed an 8-K on June 6, 2025, detailing the results of its 2025 Annual Meeting of Stockholders held on June 5, 2025. The primary focus of this filing is the voting outcomes on key corporate governance matters, including the election of the Board of Directors and the ratification of the independent auditor. Investors can take comfort from the overwhelming approval of all director nominees and the ratification of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025. These results indicate strong shareholder support for the current leadership and the company's financial oversight mechanisms, reinforcing stability and confidence in the company's strategic direction.

Jun 6, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Regulation FD Disclosure (May 12, 2025)

Apollo Global Management, Inc. (APO) has filed a Current Report on Form 8-K primarily to disclose information regarding an upcoming Fixed Income Investor call hosted by its subsidiary, Athene Holding Ltd. The call, scheduled for May 12, 2025, will feature Athene's senior management providing an update on key business areas including current trends, new business origination, the investment portfolio, and capital. Investors seeking insights into Athene's performance and strategic direction should pay close attention to this event. Additionally, Athene has made a presentation available on its Investor Relations website in conjunction with the call. This 8-K filing, under Regulation FD Disclosure, serves to ensure broad and equitable dissemination of material information. Investors are encouraged to review the presentation and participate in or listen to the webcast of the investor call for detailed operational and financial updates from Athene.

May 12, 2025 10-Q

Apollo Global Management, Inc. Quarterly Report for Q1 Ended Mar 31, 2025

Apollo Global Management, Inc. (APO) reported its first quarter 2025 results, showcasing continued growth across its diversified business segments. Total revenues for the quarter were $5.55 billion, a decrease from the prior year's $7.04 billion, primarily due to a significant decline in investment-related gains (losses) in the Retirement Services segment, which swung from a gain of $1.68 billion to a loss of $828 million. Despite this, the Asset Management segment demonstrated resilience with revenues growing slightly to $1.05 billion, driven by higher management and advisory fees. The Retirement Services segment reported an increase in net investment income, reflecting growth in Athene's investment portfolio and higher interest rates. Net income attributable to Apollo Global Management, Inc. common stockholders decreased year-over-year to $418 million ($0.68 per diluted share) from $1.40 billion ($2.28 per diluted share) in Q1 2024. This decline was largely influenced by the aforementioned investment-related losses in the Retirement Services segment and higher operating expenses, particularly in compensation and benefits. However, Fee Related Earnings (FRE) from the Asset Management segment increased by 21.0% to $559 million, indicating strong fee-generating revenue growth and operational efficiency. The company's total AUM also saw robust growth, reaching $785.2 billion as of March 31, 2025, up from $751.0 billion at the end of 2024, signaling continued investor confidence and successful capital deployment.

May 7, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Financial Results (May 2, 2025)

Apollo Global Management (NYSE: APO) reported first quarter 2025 results that were strong on recurring earnings but weak on GAAP net income. Fee Related Earnings (FRE) reached a record $559 million, up 21% year-over-year, or $0.91 per share, on 18% growth in management fees and about 200 basis points of FRE margin expansion. Spread Related Earnings (SRE) were $804 million, down 1.6% year-over-year as reported, though up 1.1% to $826 million excluding notable items. Adjusted Net Income (ANI), Apollo's primary non-GAAP earnings metric, was $1.119 billion, or $1.82 per share, up from $1.72 a year earlier. GAAP net income attributable to Apollo common stockholders fell sharply to $418 million ($0.68 per share) from $1.403 billion ($2.31 basic per share) in the prior-year quarter. Management attributes the gap largely to market-driven items, including investment losses and a $385 million market risk benefit remeasurement loss at Retirement Services, along with a $200 million non-operating charitable contribution tied to a donor-advised fund share issuance. Growth indicators were robust. Total assets under management (AUM) rose 17% year-over-year to $785 billion, and fee-generating AUM rose 18% to $595 billion. Gross organic inflows were a record $43 billion for the quarter and $157 billion over the last twelve months, with origination volume of $56 billion and gross capital deployment of $84 billion. Realized performance fees were $190 million, which management described as cyclically light because monetization from flagship private equity and hybrid funds remains delayed in a challenging exit environment. The Principal Investing segment contributed only $14 million in the quarter, and its compensation ratio was 86%. Apollo also declared a $0.51 per share common dividend payable May 30, 2025, and a $0.8438 per share dividend on its Mandatory Convertible Preferred Stock payable July 31, 2025. Share repurchases totaled $722 million in the quarter, and the pending all-stock acquisition of Bridge Investment Group for approximately $1.5 billion is expected to close in the third quarter of 2025. For investors, the key takeaways are the durability of fee-based earnings and fundraising momentum, offset by volatility in GAAP results and in performance fee realizations. Net balance sheet value per share declined to $4.51 from $5.01 at year-end 2024, partly reflecting capital returned to shareholders and market-related movements. This document was furnished under Item 2.02 and is not deemed filed for purposes of Section 18 of the Exchange Act.

May 2, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Executive Changes (Apr 17, 2025)

On April 17, 2025, Apollo Global Management (NYSE: APO) announced a leadership and governance change at its Board. Jay Clayton, Chair and Lead Independent Director since March 2021, will resign from the Board effective April 21, 2025, to become Interim U.S. Attorney for the Southern District of New York on April 22, 2025. Gary Cohn, Vice Chairman of IBM and former Goldman Sachs President and COO, will succeed him as Lead Independent Director effective April 21, 2025. The Board also appointed CEO Marc Rowan as Chair, effective the same date, so the Chair and CEO roles are now combined under Rowan. The filing states that there are no changes to Rowan's employment agreement or existing compensation arrangements. For investors, the filing is primarily a governance update rather than a financial disclosure. No financial results, guidance, or transaction terms are reported. The Board states that it will remain two-thirds independent after the changes. Cohn is designated independent under NYSE listing standards and will chair both the Executive Committee and the Nominating and Corporate Governance Committee, giving him significant influence over board oversight. Cohn's compensation is in line with other non-employee directors, plus an additional $100,000 annual Lead Independent Director fee and an annual RSU grant valued at $250,000. The main considerations are governance-related. Combining the CEO and Chair roles is a concentration of power that some investors may scrutinize, although the Board is positioning the Lead Independent Director role, with its added responsibilities, as a counterbalance. Investors may also weigh the company's continued emphasis on governance, the strength of Cohn's public-policy and financial-markets background, and the operational transition at the board level. The 8-K contains no quantitative financial impact.

Apr 17, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Financial Results (Apr 2, 2025)

Apollo Global Management, Inc. (APO) has filed a Current Report (8-K) on April 2, 2025, providing preliminary estimates for its alternative net investment income for the first quarter ended March 31, 2025. The company anticipates approximately $290 million in pre-tax alternative net investment income, representing an estimated annualized return of 9% on its alternative net investments. This disclosure offers investors an early look at a key performance indicator ahead of the official quarterly earnings release on May 2, 2025. Key components of this income include an estimated 10% annualized return from Athene's investment in a pooled investment vehicle housing the majority of its alternatives portfolio, and an estimated 6% annualized return from other Athene alternative investments, including retirement services platforms. While these preliminary figures provide valuable insights into Apollo's performance drivers, investors are cautioned that these are unaudited estimates and actual results could differ materially. The company emphasizes that these preliminary results are not a substitute for full GAAP financial statements and should not be seen as indicative of future performance.

Apr 2, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Executive Changes (Feb 26, 2025)

Apollo Global Management, Inc. (APO) has filed an 8-K reporting a key executive change. Louis-Jacques Tanguy is stepping down as the Company's Chief Accounting Officer and Controller, effective March 1, 2025. This change is concurrent with his appointment as Executive Vice President and Chief Financial Officer of Athene Holding Ltd., a significant entity within Apollo's ecosystem. In response to Mr. Tanguy's departure, Martin Kelly, the Company's Chief Financial Officer, will assume the role of principal accounting officer on an interim basis. The Company has initiated a search for a permanent replacement. Investors should note that Mr. Kelly's compensation will remain unchanged during this interim period. While this marks a change in a critical accounting role, the interim solution and the company's ongoing search for a replacement aim to ensure operational continuity.

Feb 26, 2025 10-K

Apollo Global Management, Inc. Annual Report, Year Ended Dec 31, 2024

Apollo Global Management, Inc. (APO) reported strong performance for the fiscal year ending December 31, 2024, with total revenues reaching $26.1 billion, a decrease of 20.0% from the prior year, primarily driven by a significant drop in premiums within its Retirement Services segment. However, the Asset Management segment demonstrated robust growth, with revenues increasing by 19.1% to $4.2 billion, fueled by higher management fees, advisory and transaction fees, and investment income. Fee Related Earnings (FRE) for the Asset Management segment saw a healthy increase of 16.7% to $2.1 billion. The Retirement Services segment's net investment income rose by 30.1% to $15.7 billion, supporting a 3.7% increase in Spread Related Earnings (SRE) to $3.2 billion, despite higher costs of funds. Principal Investing Income (PII) more than doubled, reaching $271 million, driven by a substantial increase in realized performance fees. The company's total assets grew to $377.9 billion, supported by strong capital deployment and growth across its platforms. Apollo also declared a quarterly common stock dividend of $0.4625 per share, signaling confidence in its ongoing financial performance and commitment to shareholder returns.

Feb 24, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Regulation FD Disclosure (Feb 13, 2025)

Apollo Global Management, Inc. (APO) has filed a Current Report (8-K) to disclose information regarding a Fixed Income Investor call hosted by its subsidiary, Athene Holding Ltd. The call, scheduled for February 13, 2025, will feature Athene's senior management providing updates on key aspects of its business. Investors can expect insights into current business trends, new business origination, the performance and composition of its investment portfolio, and its capital position. This event is significant for APO investors as Athene is a crucial component of Apollo's overall strategy and financial performance. The information shared during the call and the accompanying presentation, made available on Athene's Investor Relations website, will offer a detailed look into the operational and financial health of this significant subsidiary. Investors should monitor these updates for potential implications on Apollo's future earnings and strategic direction.

Feb 13, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Financial Results (Feb 4, 2025)

Apollo Global Management (NYSE: APO) reported strong fourth-quarter and full-year 2024 results on February 4, 2025, anchored by record fee-related earnings (FRE) and spread-related earnings (SRE). Fourth-quarter GAAP net income attributable to common stockholders was $1.46 billion ($2.42 per share), and full-year GAAP net income was $4.48 billion ($7.39 per share). The company's primary non-GAAP earnings metric, Adjusted Net Income (ANI), was $1.36 billion ($2.22 per share) in the quarter and $4.57 billion ($7.43 per share) for the year, up from $4.08 billion in 2023. Management highlighted record FRE of $2.06 billion for 2024 (up 16.7%), SRE of $3.22 billion (up 3.7%, or 6.9% excluding notable items), and principal investing income of $271 million, which rose sharply on realized performance fees. Growth indicators were robust. Total assets under management reached $751 billion, up 15% year over year, supported by $152 billion of 2024 inflows and record origination of $222 billion. Fee-generating AUM grew to $569 billion. Capital solutions fees rose 24% to a record $668 million, and management fees rose 12%. Management also flagged that fee-related expenses grew only 14%, the slowest pace in five years, which supported roughly 60 basis points of FRE margin expansion. Capital returns were significant: Apollo repurchased $1.2 billion of common stock in 2024 and paid more than $1 billion in common dividends, and it plans to raise the annual common dividend 10% to $2.04 per share starting with the first-quarter 2025 payment. Investors should note several caveats. Retirement Services net spread compressed to 1.37% in the fourth quarter from 1.44% in the third quarter, and full-year net spread fell to 1.38% from 1.49%, reflecting higher cost of funds on new business. The 2024 alternative investment return of 8.0% was below management's 11% long-term expectation, and the fourth quarter's Athene GAAP investment results were negative. Principal investing income is inherently volatile and depends on monetization timing. The company also remains highly leveraged at the Athene level, with the consolidated balance sheet reflecting substantial insurance liabilities. These results are unaudited, and the filing itself is furnished rather than filed under the Exchange Act.

Feb 4, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Executive Changes (Jan 31, 2025)

Apollo Global Management, Inc. (APO) has filed an 8-K detailing significant updates concerning executive compensation, corporate governance, and philanthropic initiatives. A key development is the renewal of CEO Marc Rowan's employment agreement for the next five years. While his base salary remains nominal at $100,000 annually, the agreement introduces a performance-based incentive tied to a percentage of performance fee income from managed funds, with a target annual value of $10 million, subject to one-year vesting. Mr. Rowan has elected to defer the initial payout for three years, signaling a strong commitment to long-term alignment with the company. In addition to executive matters, APO is significantly enhancing its philanthropic efforts by establishing a new donor-advised fund with an initial contribution of $200 million, which Mr. Rowan will help guide over the next five years. This builds upon the previously announced $100 million commitment to the Apollo Opportunity Foundation. The company also announced an increase in its Board size to seventeen directors and the appointment of Brian Leach as an independent director, who brings significant financial expertise and will serve on the Audit Committee.

Jan 31, 2025 8-K

Apollo Global Management, Inc. 8-K Report, Executive Changes (Jan 15, 2025)

Apollo Global Management (NYSE: APO) filed an 8-K on January 15, 2025 announcing a set of senior leadership changes tied to its five-year plan first presented at its 2024 Investor Day. Jim Zelter, who joined Apollo in 2006 and built out its credit platform, was appointed President of Apollo Global Management, Inc. (AGM), a newly created role. The board approved the appointment on January 9, 2025, effective immediately. Zelter gives up his Co-President title at Apollo Asset Management (AAM) but remains on the AGM Board, and there are no changes to his employment agreement or compensation arrangements. Alongside this, John Zito, head of Apollo's credit business, was named Co-President of AAM alongside Scott Kleinman. Kleinman and Zito will oversee all investing activity and day-to-day management of the asset management business, and Zito keeps his role as Head of Credit. CEO Marc Rowan is finalizing a five-year extension of his employment agreement, according to the press release, though the filing itself does not include the terms of that extension. Chair Jay Clayton framed the changes as shareholder-aligned succession that positions a next generation of leaders to execute the five-year plan. For investors, the filing is primarily a governance and management-continuity event rather than a financial one; it contains no financial results, guidance, or quantified impact. The key items to monitor are the finalized terms of Rowan's extension, whether the new leadership structure changes strategy or execution across the asset management and Athene retirement services businesses, and how the company delivers against its five-year targets. The release cites roughly $733 billion of assets under management as of September 30, 2024.

Jan 15, 2025