Apollo Management(APO)
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Apollo, xAI near $3.4 billion deal to fund AI chips, The Information reports
Yahoo Finance· 2026-02-09 14:12
Feb 9 (Reuters) - Apollo Global Management is close to finalizing a roughly $3.4 billion loan to an investment vehicle that plans to buy Nvidia chips and lease them to Elon Musk's xAI, The Information reported on Monday, citing a person familiar with the matter. Less than a week ago, Musk announced that SpaceX acquired the artificial intelligence company he also leads in a deal that values the rocket and satellite company at $1 trillion and the AI outfit at $250 billion. Musk has said the rationale ...
Apollo, xAI near $3.4 billion deal to fund AI chips, the Information reports
Reuters· 2026-02-09 14:12
Apollo Global Management is nearing a deal to lend about $3.4 billion to an investment vehicle that will purchase Nvidia chips and lease them to Elon Musk's xAI, the Information reported on Monday, ci... ...
Apollo Management(APO) - 2025 Q4 - Earnings Call Presentation
2026-02-09 13:30
February 9, 2026 Apollo Reports Fourth Quarter and Full Year 2025 Results New York, February 9, 2026 – Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, "Apollo") today reported results for the fourth quarter and full year ended December 31, 2025. Apollo Global Management, Inc. Reports Fourth Quarter and Full Year 2025 Results Dividend Apollo Global Management, Inc. has declared a cash dividend of $0.51 per share of its Common Stock for the fourth quarter ended Decembe ...
Apollo Stock Rises on Earnings. The Asset Manager Says Its Software Exposure Is Low.
Barrons· 2026-02-09 16:31
Shares of Apollo Global Management rose Monday after the asset manager reported stronger-than-expected quarterly earnings. ...
资金流入强劲 阿波罗第四季度利润上升
Xin Lang Cai Jing· 2026-02-09 12:49
阿波罗全球管理公司(Apollo Global Management)周一公布,受新客户资金流入和强劲债务发行的推 动,第四季度利润增长了13%。 这家总部位于纽约的另类资产管理公司今年最后三个月的调整后净收入为15.4亿美元,合每股收益2.47 美元。相比之下,去年同期为 13.6 亿美元,合每股收益 2.22 美元。 阿波罗公司在一份声明中说,季度增长主要得益于新增贷款和其他投资达 970 亿美元。 阿波罗公司成立于 1990 年,最初专注于私募股权投资,后来扩展到企业信贷领域。它已成为一家大型 贷款公司,并建立了庞大的保险业务,在 2021 年控制了退休服务公司 Athene。 本季度,该集团获得了 420 亿美元的收入,使管理资产总额达到 9380 亿美元。首席执行官马克-罗文 (Marc Rowan)设定的目标是,到 2026 年管理 1 万亿美元,到 2029 年管理 1.5 万亿美元。 管理资产和安排债务与股权交易的相关费用收入达到 6.9 亿美元,同比增长 25%。 罗文表示,公司的重点是 "推进退休解决方案 "和 "使新买家能够大规模进入私人市场"。 资本解决方案部门以不同形式提供信贷,包括 ...
Apollo Global Management Profit Falls, Revenue Rises
WSJ· 2026-02-09 12:06
Core Viewpoint - Apollo Global Management reported a decline in fourth-quarter profit due to increased tax provisions and losses from investment activities, despite strong revenue growth and higher quarterly inflows [1] Financial Performance - The company's profit fell in the fourth quarter, primarily driven by a higher tax provision and losses from investment activities [1] - Revenue gains were strong, indicating positive operational performance, but were overshadowed by the aforementioned factors [1] - Quarterly inflows increased, suggesting a robust interest in the company's investment offerings [1]
Apollo Management(APO) - 2025 Q4 - Annual Results
2026-02-09 11:31
Financial Performance - GAAP Net Income attributable to Apollo Global Management, Inc. was $660 million for Q4 2025 and $3.4 billion for FY 2025, translating to $1.07 and $5.58 per share respectively[4] - Adjusted Net Income (ANI) reached $1.5 billion in Q4 2025 and $5.2 billion for FY 2025, or $2.47 and $8.38 per share respectively, reflecting strong performance[4] - Fee Related Earnings (FRE) were $690 million in Q4 2025 and $2.5 billion for FY 2025, representing a 23% growth compared to the previous year[10] - Spread Related Earnings (SRE) totaled $865 million in Q4 2025 and $3.4 billion for FY 2025, supported by strong organic growth and increased alternative investment income[10] - Realized performance fees reached $588 million in Q4 2025, driven by strong investment performance, marking an 83.2% increase compared to Q4 2024[40] - Adjusted net income for 4Q'25 is expected to be $1,540 million, up from $1,360 million in 4Q'24, reflecting a growth of about 13.2%[60] - The company anticipates a total of $2,461 million in GAAP net income for 4Q'25, compared to $1,662 million in 4Q'24, marking an increase of approximately 48%[60] Assets Under Management (AUM) - Total Assets Under Management (AUM) increased to $938 billion, with inflows of $42 billion in Q4 and a record $228 billion for FY 2025, marking a 25% year-over-year growth[10] - Total Assets Under Management (AUM) rose by $187 billion or 25% year-over-year, with $145 billion from Asset Management and $83 billion from Retirement Services[20] - Fee-Generating AUM increased by $141 billion or 25% year-over-year, supported by robust fundraising and the acquisition of Bridge[20] - Performance Fee-Eligible AUM increased by 44% year-over-year to $322 billion, driven by growth in Credit and Equity strategies[44] - Total AUM increased to $938.406 billion, with net flows of $168.014 million for the twelve months ended December 31, 2025[52] - Fee-generating AUM reached $709.139 billion, with net flows of $119.647 million for the same period[52] Capital Management - Share repurchases amounted to $260 million in Q4 2025 and approximately $1.4 billion for FY 2025, including $313 million of opportunistic repurchases[10] - The company distributed over $1 billion in common stock dividends in 2025 and plans to increase the annual dividend by 10% starting Q1 2026[10] - Apollo intends to distribute an annual dividend of $2.25 per share for 2026, a 10% increase from $2.04 per share in 2025[50] - Total capital returned to stockholders over the last twelve months amounted to $1.5 billion through dividends and share repurchases[50] - The company deployed $260 million for share repurchases in Q4 2025 to offset dilution from equity incentive plans[50] - Share repurchase plan authorization remaining is $420 million as of Q4 2025[55] Investment Performance - Fixed income and other net investment income for FY'25 reached $13,021 million, a 20.5% increase from FY'24[24] - Alternative net investment income for FY'25 was $1,299 million, up 38.3% from FY'24[24] - The net investment spread for FY'25 was 1.23%, a decrease of 15 basis points compared to FY'24[26] - The net accrued performance fees receivable increased to $1.84 billion in Q4 2025, up from $1.80 billion in Q3 2025[49] - The company reported unrealized net gains from investment activities of $362 million for FY'25, a significant recovery from a loss of $46 million in FY'24[60] Strategic Initiatives - The company completed the acquisition of Bridge Investment Group Holdings in 2025, enhancing its asset management capabilities[15] - Apollo allocated approximately $180 million of strategic capital for investments supporting future growth in 2025[10] - Third-party capital supported approximately 25% of Athene's record organic new business volume in 2025[53] Market Conditions and Risks - The company anticipates variability in revenues, earnings, and cash flow due to market conditions and geopolitical tensions, which may affect future performance[77] - Apollo's management emphasizes the importance of maintaining financial strength ratings to meet obligations, reflecting a focus on risk management[77] Financial Metrics and Ratios - The average net invested assets increased by 18.2% year-over-year, reaching $289,295 million in 4Q'25[26] - The outflow rate attributable to Athene was calculated at 1.8% for the respective period, based on average net invested assets[76] - The net investment earned rate is a key measure of the cost of policyholder benefits and liabilities, indicating financial performance[73] - The net investment spread measures investment performance plus strategic capital management fees, providing insight into overall cost efficiency[73]
Apollo Reports Fourth Quarter and Full Year 2025 Results
Globenewswire· 2026-02-09 11:30
NEW YORK, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the fourth quarter and full year ended December 31, 2025. Marc Rowan, Chairman and Chief Executive Officer at Apollo said, “Apollo’s fourth quarter results capped a year of exceptional execution. 2025 highlights include record origination activity exceeding $300 billion and inflows of more than $225 billion, driving record fee and spread re ...
Schroders, Apollo agree products partnership to target wealthy clients
Reuters· 2026-02-09 08:58
British money manager Schroders and U.S. private equity firm Apollo said on Monday they had formed a partnership to develop wealth and retirement products, the latest tie-up between asset managers see... ...
阿波罗和施罗德达成战略合作 拟面向财富和养老金客户推出新投资产品
Xin Lang Cai Jing· 2026-02-09 08:55
阿波罗全球管理与施罗德合作开发面向财富和养老金客户的基金,两家公司通过战略合作关系预计最终 每年将募集数十亿美元的资产。 据周一发布的声明,另类投资巨头阿波罗将与总部位于伦敦的施罗德合作,为英国财富投资者提供新的 投资产品。这些基金将持有公共和私募固定收益资产,首只产品预计将于今年晚些时候推出。施罗德还 可以将其现有客户投资组合中的资金配置到阿波罗。 根据公告,两家公司准备在第二季度向美国养老金市场推出一只集合基金。媒体曾在9月报道,阿波罗 和施罗德在洽谈合作事宜。 低成本被动投资的兴起促使施罗德等主动型资产管理公司拓展另类投资业务,这些投资通常持有时间更 长,费用也更高。与此同时,以往主要从机构投资者募集资金的另类资产管理公司正日益将目光投向私 人财富,促使它们寻求与面向散户投资者的公司达成合作。 共同基金巨头Capital Group与KKR & Co.合作,推出了面向散户投资者的投资工具,包括针对退休计 划的目标日期基金。在英国,Legal & General Group Plc与黑石集团达成私人信贷合伙关系,目标是随 着时间的推移将规模扩大到200亿美元。 阿波罗和施罗德的合作正值投资者担忧私募股权公 ...