If you want access to our entire Portfolio and all our current Top Picks, feel free to join us for a 2-week free trial at High Yield Landlord.We are the largest real estate investment community on Seeking Alpha, with over 2,000 members on board and a perfect 5/5 rating from 400+ reviews:For a Limited Time - You can join us at a deeply reduced rate!Start Your 2-Week Free Trial Today! ...

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 ...

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 ...

Group 1 - Ares Management Corporation (NYSE:ARES) is recognized as one of the top 10 financial stocks for long-term investment, with a significant upside potential indicated by recent price target adjustments from analysts [1] - Morgan Stanley raised its price target for Ares Management from $175 to $178, suggesting a 42.4% upside from current levels, which aligns with the median upside of 41.38% from 19 analysts covering the stock [1] - Oppenheimer also increased its price target for Ares Management from $190 to $224 while maintaining a Buy rating, reflecting a broader review of price targets in the alternative asset management sector [3] Group 2 - The company is experiencing increased deal activity, which is expected to support alternative asset managers through the fourth quarter and into 2026, leading to an upward revision of earnings per share estimates by Morgan Stanley [2] - The adjusted earnings per share estimates have been increased by 4%, now standing 1% above the consensus among analysts, indicating rising confidence in the company's short-term performance [2] - Ares Management operates in various segments including Direct Lending, Private Equity, and Real Estate, and has a global presence in the United States, Asia, and Europe [4]

Company Overview - Blue Owl Capital Inc (NYSE:OWL) is a global alternative asset manager with $307.4 billion in assets under management as of December 2025. The company operates in three segments: Private Credit, GP Strategic Capital, and Real Estate [4]. Recent Performance and Analyst Ratings - On February 6, following the announcement of quarterly results, Piper Sandler analyst Crispin Love reduced the price target for Blue Owl Capital Inc. from $21 to $15 while maintaining an Outperform rating. Despite weaker share price performance across the alternative asset management sector, OWL was noted as a relative outperformer [1]. - Earlier, on January 20, Piper Sandler reaffirmed its Buy rating on Blue Owl Capital Inc. with a $21 price target. However, on January 26, UBS analysts warned about the company's lending activities, suggesting that these could pressure the company's finances [2]. Credit Rating Upgrade - On January 22, Moody's Ratings upgraded Blue Owl Capital's long-term issuer and unsecured ratings from Baa3 to Baa2. Moody's expects the company to reduce its gross debt-to-equity ratio, which was 1.27x as of September 30, 2025, potentially increasing the asset coverage ratio from 19% to 20% [3]. Revenue Growth and Margin Projections - Piper Sandler anticipates that revenue growth estimates for Blue Owl Capital will fall below targets set during the investor day. However, the company's projections still indicate improved margins due to better cost management [1].

Core Viewpoint - The private markets are facing challenges due to a recent stock plunge, but there remains an optimistic tone among advocates for private market investments, emphasizing the need for better marketing strategies to attract wealthy clients [2][5]. Group 1: Market Conditions and Reactions - The stock prices of major private market firms like KKR & Co. and Ares Management Corp. have seen significant declines, with KKR dropping nearly 10% and Ares falling 12.8% despite reporting solid results [4]. - Concerns regarding exposure to software companies have heightened, particularly in light of market volatility linked to artificial intelligence [6][8]. - The IPEM conference highlighted the need for private market advocates to address investor concerns about liquidity and valuation amidst a backdrop of market uncertainty [5][6]. Group 2: Regulatory and Transparency Issues - Global regulators in the US, EU, and Australia are pushing for increased transparency in private markets to assess financial stability and contagion risks [3]. - The fragmented regulatory landscape in Europe is complicating efforts for private fund giants to educate intermediaries and sell products to wealthy investors [12][13]. Group 3: Growth and Challenges in Private Markets - Over 130 private market funds were launched in the past two years following regulatory changes, but asset managers have been slow to disclose fundraising amounts [9]. - The assets in open-ended vehicles in Europe have nearly quadrupled to €9 billion ($10.6 billion) from early 2024 to September 2023, with projections suggesting overall assets could exceed €180 billion by the end of the decade [11]. - Newer players in the private markets, such as BlackRock, are experiencing growing pains, including halting plans for new fund launches [10]. Group 4: Investor Education and Market Dynamics - Education is deemed crucial for private market firms to effectively communicate the value and risks of their products to potential investors [13]. - Concerns have been raised about the implications of retail investors entering private markets, with warnings that they may not fully understand the liquidity risks associated with these investments [8][17]. - The industry's push into retail markets is likened to a "gold rush," highlighting the excitement and competition but also the responsibility to maintain discipline [19].

Core Viewpoint - FS Credit Opportunities Corp. (NYSE: FSCO) is set to release its financial results for Q4 2025 on March 2, 2026, after market close [1] Financial Results Announcement - The financial results will be available along with an earnings presentation on the FSCO website under the Investor Relations section [2] - A recorded earnings call and transcript will also be accessible on the same date and section of the website [3] Company Overview - Future Standard is a global alternative asset manager with over 30 years of experience, managing $86 billion in assets [4]

Financial Data and Key Metrics Changes - Ares Management achieved a record $994 million in management fees for Q4 2025, totaling $3.7 billion for the full year, reflecting a 27% and 25% year-over-year growth respectively [30] - Fee-related earnings (FRE) for the full year increased by 30%, with a record $528 million in Q4, and FRE margins improved to 41.7% [32] - Realized income for Q4 reached a record $589 million, exceeding $1.8 billion for the full year, marking a 26% increase from 2024 [34] Business Line Data and Key Metrics Changes - The wealth management business saw AUM grow to over $66 billion, a 69% increase year-over-year, driven by strong performance across various strategies [9] - The real estate group raised more than $16 billion for the year, including over $7 billion in Q4, with significant commitments in various funds [19] - The secondaries group raised $12.9 billion for the full year, with AUM increasing by 45%, nearly doubling in size since the acquisition of Landmark [23] Market Data and Key Metrics Changes - Ares Management's total AUM reached over $622 billion, a 29% increase year-over-year, with significant fundraising activities contributing to this growth [7] - The company reported a record $36 billion in fundraising for Q4, contributing to a total of $113 billion for the year [6] - Deployment across real assets more than doubled from approximately $10 billion in 2024 to over $23 billion in 2025 [11] Company Strategy and Development Direction - Ares Management is focused on expanding its investment platform and geographic reach, with strategic enhancements including new products and operational efficiencies [9] - The acquisition of GCP has positioned Ares as a top three global owner and operator of industrial real estate, enhancing its real estate and digital infrastructure offerings [9] - The company aims to leverage its diversified product suite to capture growth opportunities across various asset classes and geographies [14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the improving transaction environment and pent-up demand for private equity sponsors seeking liquidity solutions [12] - The company anticipates strong demand for its investment strategies in 2026, supported by a substantial dry powder of $156 billion [29] - Management highlighted the resilience of its credit portfolios, with strong fundamentals and improving metrics across various strategies [46] Other Important Information - Ares Management plans to launch its fourth U.S. Senior Direct Lending Fund later in 2026 and its seventh European Direct Lending Fund in early 2027 [18] - The company has initiated over 25 AI projects aimed at enhancing investment decision-making and operational efficiency [9] - Ares has been added to the S&P 500 Index, reflecting its growth and market position [9] Q&A Session Summary Question: Impact of software AI disruption on deployment efforts - Management expressed confidence in their software investments, emphasizing the differentiation between various software companies and their resilience against disruption [49][51] Question: Wealth channel performance and sentiment - Management noted strong flows in January and February, with broad-based demand across private credit and core infrastructure products, indicating a positive sentiment despite market volatility [56][62] Question: Outlook for fundraising and deployment in real assets and secondaries - Management confirmed plans for significant fundraising in their flagship credit vehicles, with expectations for strong deployment opportunities in real estate and secondaries [68][70]

TPG Reports Fourth Quarter and Full Year 2025 Results San Francisco and Fort Worth, Texas – February 5, 2026 – TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, today reported its unaudited results for the fourth quarter and full year ended December 31, 2025. A detailed presentation is available through the Investor Relations section of TPG's website at shareholders.tpg.com. "2025 was an outstanding year for TPG, marked by exceptional execution across our global franchise. We achie ...

Financial Data and Key Metrics Changes - Ares Management achieved a record $994 million in management fees for Q4 2025, totaling $3.7 billion for the full year, representing a 27% increase quarter-over-quarter and a 25% increase year-over-year [28] - Fee-related earnings (FRE) for the full year increased by 30% compared to the prior period, with a record FRE of $528 million in Q4, reflecting a 33% year-over-year growth [31] - Realized income for Q4 reached a record $589 million, with full-year realized income exceeding $1.8 billion, marking a 26% increase from 2024 [34] Business Line Data and Key Metrics Changes - The wealth management business saw AUM grow to over $66 billion, a 69% increase year-over-year, driven by strong performance across semi-liquid wealth products [7][22] - The real estate group raised more than $16 billion for the year, including over $7 billion in Q4, with significant commitments in various real estate strategies [18] - The secondaries group raised $12.9 billion for the full year, with AUM increasing by 45%, nearly doubling in size since the acquisition of Landmark [21] Market Data and Key Metrics Changes - Ares Management's total AUM reached over $622 billion, a 29% increase year-over-year, with $113 billion in total fundraising for 2025 [5] - The company reported a record $46 billion in deployment for Q4, with full-year gross deployment totaling $146 billion, a 37% increase over 2024 [6] - The private equity business reported organic portfolio company EBITDA growth of 13% for the last 12 months in its latest fund, ACOF Six [10] Company Strategy and Development Direction - Ares Management is focused on expanding its investment platform and geographic reach, with significant investments in new data systems and AI projects to enhance decision-making and operational efficiency [7][8] - The acquisition of GCP has positioned Ares as a global top three owner and operator of industrial real estate, contributing to the growth of its real estate and digital infrastructure offerings [7] - The company aims to leverage its diverse strategies across asset classes and geographies to capture growth opportunities, particularly in real assets and secondaries [68] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the improving transaction environment and pent-up demand for private equity sponsors seeking liquidity solutions, supported by a large inventory of seasoned assets and an improving interest rate environment [12][13] - The company anticipates 2026 to be a significant year for realizing European-style performance fees, with expectations for substantial growth in fee-related performance revenues [28] - Management highlighted strong fundamentals across credit portfolios, with loan-to-value ratios near historical lows and improving interest coverage [34][43] Other Important Information - Ares Management declared a 20% year-over-year increase in its first quarter 2026 common dividend to $1.35 per share [3] - The company has a substantial dry powder of $156 billion, positioning it well for future investments [27] - Ares is well-prepared to navigate market challenges, including potential risks from AI disruptions, with a diversified portfolio and strong fundamentals [42][43] Q&A Session Summary Question: Impact of software AI disruption on deployment efforts - Management expressed confidence in their software investments, emphasizing the diversification and stability of their portfolio, and noted that the disruption would not significantly impact overall origination volumes [47][50] Question: Wealth channel performance and sentiment - Management reported strong flows in January and February, with broad-based demand across private credit and core infrastructure products, indicating resilience in the wealth channel despite some cyclicality [54][59] Question: Outlook for real assets and secondaries - Management highlighted ongoing growth in real estate and secondaries, with expectations for significant fundraising and deployment opportunities in these areas [64][71]