Apollo Global Management reported record quarterly inflows of $60 billion, pushing its assets under management to $1.05 trillion. Nearly 60% of its capital is perpetual, with $82 billion in dry powder ready for deployment. Fee-related earnings hit a record $785 million, up 25% year-over-year, driven by stable recurring management fees and limited reliance on volatile performance fees. Despite recent stock underperformance, the company’s strong fundraising, resilient fee income, and robust balance sheet support a fair value estimate of $155 per share, suggesting potential stock gains above $150.
Unknown hacker groups are targeting major US financial and investment firms using voice phishing, where they call employees pretending to be coworkers or IT staff to steal login credentials. These groups, identified by Google as Falcon, Helix, Pink, ...
Apollo Global Management has named Partner Reed Rayman to lead its artificial intelligence-related deals, focusing on chip-based AI infrastructure investments. This move is part of Apollo's broader strategy to expand its digital infrastructure portfo...
Apollo Global Management reported strong second quarter results for 2026, driven by record earnings in its Asset Management and Retirement Services divisions. The company highlighted its leadership in modernizing private markets through enhanced tran...
Apollo Global Management's funds have acquired Maverick Water Group, a Houston-based developer and operator of alternative non-potable water systems serving Texas communities. Maverick's management retains a minority stake and will continue running t...
