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Apollo Reports Fourth Quarter and Full Year 2024 Results
APOApollo Management(APO) GlobeNewswire·2025-02-04 11:30

Core Insights - Apollo Global Management reported strong financial results for the fourth quarter and full year ended December 31, 2024, highlighting record origination activity exceeding 220billion,inflowsofmorethan220 billion, inflows of more than 150 billion, and assets under management surpassing 750billion[2][8].FinancialPerformanceThecompanyachievedrecordoriginationactivityofover750 billion [2][8]. Financial Performance - The company achieved record origination activity of over 220 billion in 2024 [2]. - Inflows for the year exceeded 150billion[2].AsofDecember31,2024,Apollosassetsundermanagementreachedapproximately150 billion [2]. - As of December 31, 2024, Apollo's assets under management reached approximately 751 billion [8]. Dividends - Apollo declared a cash dividend of 0.4625pershareforitsCommonStockforthefourthquarter,payableonFebruary28,2025[3].Acashdividendof0.4625 per share for its Common Stock for the fourth quarter, payable on February 28, 2025 [3]. - A cash dividend of 0.8438 per share for its Mandatory Convertible Preferred Stock was also declared, to be paid on April 30, 2025 [4]. Strategic Outlook - The company emphasized a clear growth strategy entering 2025, with a focus on execution and competitive positioning [2]. Conference Call - Apollo will host a public audio webcast on February 4, 2025, to review its financial results for the fourth quarter and full year ended December 31, 2024 [6].