For the quarter ended December 2023, Apollo Global Management Inc. (APO) reported revenue of $795 million, up 9.1% over the same period last year. EPS came in at $1.91, compared to $1.42 in the year-ago quarter.The reported revenue represents a surprise of -3.43% over the Zacks Consensus Estimate of $823.27 million. With the consensus EPS estimate being $1.72, the EPS surprise was +11.05%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectation ...

智通财经APP获悉，周四美股盘前，阿波罗全球管理(APO.US)公布了利润超预期的第四季度业绩，原因是利率上升提振了这家另类资产管理公司不断增长的信贷和保险业务。 财报显示，该公司Q4调整后净利润激增31%，达到11.8亿美元，合每股1.91美元，高于分析师平均预期的1.72美元。营收翻了一倍多，达到110.5亿美元。管理资产规模增长19%，至6510亿美元。 首席执行官Marc Rowan在声明中表示：“在2023年动荡的市场背景下，阿波罗正在全力以赴。” 阿波罗正受益于利率上升和投资者对私人信贷的需求。目前，该公司正安然度过私募股权交易撮合行业普遍低迷的时期。该公司管理的资产中有80%以上是信贷和混合业务。 随着阿波罗的第十只旗舰私募股权基金开始投资，与费用相关的收益增长了16%，达到4.57亿美元，缓解了其资本解决方案部门费用收入下降18%的影响。 反映该公司Athene保险业务盈利能力的息差相关收益增长7.2%，至7.48亿美元。Athene的净投资息差(即投资收益)增长了6%，达到9.59亿美元，固定收益的收益抵消了Athene投资组合中股票投资的下滑。 另外，阿波罗在第四季度募集了300亿美元的私 ...

Private credit has quickly become one of Wall Street's most popular investment classes in 2023. Alternative data platform Preqin projects this asset class will reach $2.7 trillion by 2027.Several firms such as Apollo Global and Ares Management have grown this market from just $250 billion in 2010.This happened in part due to banks retrenching from the lending market after the Great Financial Crisis in 2008 with new regulations. It also has roots in the Federal Reserve's monetary policy of holding interest r ...

Investors with an interest in Financial - Investment Management stocks have likely encountered both Patria Investments (PAX) and Apollo Global Management Inc. (APO) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, ...

NEW YORK--(BUSINESS WIRE)--25madison, a leading venture platform, today announced the launch of 25m Evolve, in partnership with funds managed by Apollo (NYSE: APO), a leading global alternative investment manager. 25m Evolve is an enterprise software venture studio dedicated to incubating AI-native applications. 25m Evolve incubations will leverage the latest advancements in artificial intelligence to help companies, including Apollo Funds’ portfolio companies, adapt to an ever-changing digital landscape, ...

MOBILE, Ala., Jan. 10, 2024 (GLOBE NEWSWIRE) -- TeleVox, the industry-leading provider of omnichannel patient relationship management platforms, is proud to announce the expansion of its solutions to support the United States military overseas. Now available in facilities in 13 areas outside the continental U.S., TeleVox offers timely and reliable SMS, email, and voice services to help ease the burden of booking medical appointments and accessing referrals for military members stationed abroad. Recognizing ...

LOS ANGELES--(BUSINESS WIRE)--Jason Howard, an alternatives industry veteran known for investing in and advising General Partners (“GPs”), announced today the launch of New Catalyst Strategic Partners (“New Catalyst” or the “Firm”). New Catalyst is an independent alternative investment firm that provides seed and growth capital to emerging, developing and diverse firms (i.e., “Next Generation GPs”) led by experienced investors. The New Catalyst platform offers Next Generation GPs with a range of solutions, ...

The Gabelli Financial Services Opportunities Fund is an exchange-traded fund that is actively managed. This fund is less than two years old but has performed very well. A list of its holdings and estimates for the fund’s portfolio illustrate why the approach has worked well so far.Most exchange-traded funds are passively managed, which means they track broad indexes, such as the S&P 500 , or they track a market sector or industry groups by basing their portfolios on custom-designed indexes. But actively man ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-41197 APOLLO GLOBAL MANAGEMENT, INC. (Exact name of registrant as specified in its charter) Delaware 86-3155788 (State or o ...

Start Time: 08:30 January 1, 0000 9:34 AM ET Apollo Global Management, Inc. (NYSE:APO) Q3 2023 Earnings Conference Call November 01, 2023, 08:30 AM ET Company Participants Marc Rowan - CEO Scott Kleinman - Co-President Martin Kelly - CFO Noah Gunn - Global Head, IR Conference Call Participants Patrick Davitt - Autonomous Research Glenn Schorr - Evercore ISI Michael Brown - KBW Alex Blostein - Goldman Sachs Michael Cyprys - Morgan Stanley Brian Bedell - Deutsche Bank Brennan Hawken - UBS Ben Budish - Barclay ...