Apollo Global Management(NYSE) APO

Apollo Global Management, Inc. helps people and institutions grow their money. It manages large investment funds and provides retirement savings products. The company serves pension funds, insurance firms, and individual savers.

Managing Money and Retirement Needs

• Asset Management: Focuses on credit and equity investing strategies for institutions and individual investors.
• Credit: Operates as the largest strategy with $849 billion in assets under management as of June 30, 2026.
• Equity: Manages $198 billion in assets across private equity, real estate, and infrastructure as of June 30, 2026.
• Retirement Services: Provides annuities, which are insurance products providing regular payments, through the Athene brand.
• Principal Investing: Uses the company's own balance sheet to make strategic investments that support operational growth.

New Deals and Scaling Up

• Acquired Bridge on Sept. 2, 2025, to expand its property management and development capabilities.
• Integrated the PIC acquisition through Athora to increase fee-generating assets under management.
• Completed a block reinsurance transaction with Sony Life Insurance Co., Ltd. in the fourth quarter of 2025.
• Expanded global wealth products and perpetual capital vehicles to drive higher incentive fees.

A Unique Financial Model

Apollo combines a high-growth asset manager with a leading retirement services provider. This structure allows the firm to turn retirement savings into long-term investments across global markets.

Important Financial Facts

• Total assets under management reached $1.05 trillion as of June 30, 2026.
• Total revenues were $11.2 billion in the three-month period ended June 30, 2026, up 63.7% year over year.
• Fee Related Earnings, which is income from fees after expenses, rose to $785 million in the second quarter of 2026.
• The market capitalization for the firm was $70.0 billion in the second quarter of 2026, down 15.9% year over year.
• Net income available to common stockholders was $1.3 billion for the three-month period ended June 30, 2026.

Evolution into a Financial Giant

Apollo has transformed from a private equity firm into a diversified manager of credit and retirement assets. Its integration of insurance and investment services provides a unique model for long-term capital growth.