Apollo Global Management (APO) Company Report

The United Food and Commercial Workers International Union (UFCW) launched a website, DontAcquireHeritageGrocers.com, to warn potential acquirers of Heritage Grocers Group about significant labor and operational risks.
Apollo Global Management [NYSE: APO], as the owner of Heritage Grocers Group through Apollo Fund IX, is actively seeking to sell the grocer.
The UFCW's warning highlights issues such as union organizing drives, labor-related litigation, leadership instability, and poor operating performance leading to debt rating downgrades.

3 days ago

Press Release

Apollo Provides $1 Billion Hybrid Capital Solution to Aldar

APO

Debt Issuance

New Projects/Investments

Apollo-managed funds have invested $1 billion in subordinated hybrid notes issued by Aldar Properties PJSC.
This represents Apollo's fifth investment in Aldar since 2022, bringing aggregate commitments to approximately $2.9 billion to date.
The investment is intended to support Aldar's balance sheet flexibility and strength, as well as its growth agenda, including landbank replenishment and strategic acquisitions.
The transaction is among the largest-ever foreign direct investments in Abu Dhabi's private sector and the largest corporate hybrid private placements in the region.

8 days ago

Press Release

Apollo Silver Corp. Recognized as 2026 TSX Venture 50™ Company

APO

Revenue Acceleration/Inflection

New Projects/Investments

Apollo Silver Corp. was recognized as a 2026 Top 50 Company by the TSX Venture Exchange (TSXV) on February 18, 2026.
This recognition reflects the company's strong performance over the past year, including 383% share price appreciation, 484% growth in market capitalization, and a 460% increase in total trading value in Canada.
The company is actively advancing exploration and technical programs at its Calico Project in California and continuing community engagement efforts at its Cinco de Mayo Project in Mexico.

Feb 18, 2026, 12:30 PM

Press Release

Apollo Global Management Discusses 2026 Macro Outlook, Strategic Growth, and Fund XI Raise

APO

New Projects/Investments

Guidance Update

Revenue Acceleration/Inflection

Apollo Global Management, managing over $900 billion in assets, anticipates a robust market in 2026 driven by AI, industrial renaissance, and infrastructure build, though it expects a slower equity monetization cycle.
The firm's strategic priorities include origination, expanding into individual investor channels, public-private convergence, and global expansion.
Apollo views private credit as a $40 trillion asset class and is actively pursuing opportunities in AI infrastructure financing with a focus on bespoke, structurally advantaged solutions.
The company is targeting a $22 billion-$25 billion raise for Fund XI, with a first close expected before mid-2026 and completion by Q1 2027.
Apollo's retirement services business, Athene, is a market leader in fixed annuities, and the firm is expanding its global retirement solutions, particularly in the UK, Japan, Korea, Taiwan, Australia, and Hong Kong.

Feb 11, 2026, 1:50 PM

Transcript

Apollo Global Management President Jim Zelter Shares Outlook and Growth Strategy

APO

New Projects/Investments

Guidance Update

M&A

Apollo Global Management manages more than $900 billion in assets under management, positioning it as one of the five largest alternative managers globally.
President Jim Zelter expressed skepticism about the equity monetization cycle in 2026, expecting it to be slower and smaller than anticipated, despite a generally robust market in the "fairway".
A key strategic priority is origination, with the firm investing billions in platforms and focusing on global expansion, particularly in Europe and Asia, for investment-grade debt and credit.
Apollo views private credit as a $40 trillion asset class, much broader than just direct lending, and is strategically approaching the $5-7 trillion AI infrastructure market by seeking structurally advantaged and contractually paid-back capital solutions.
The firm is targeting a $22 billion-$25 billion raise for Fund XI, with the first close anticipated before mid-2026, and continues to expand its retirement services business, Athene, globally, particularly in Asia and the UK.

Feb 11, 2026, 1:50 PM

Transcript

Apollo Global Management Outlines Strategic Growth, Private Credit Opportunities, and Fund XI Target

APO

New Projects/Investments

M&A

Guidance Update

Apollo Global Management, a diversified global alternative asset manager with over $900 billion in assets under management, is focused on origination platforms and global expansion into Europe and Asia.
The firm identifies private credit as a $40 trillion asset class and is actively pursuing opportunities in AI infrastructure, estimated at $5-7 trillion over the next 5 years, by focusing on structurally advantaged capital and contractual payback.
Apollo is targeting a $22 billion-$25 billion raise for its Fund XI, with a first close expected before mid-year.
Its retirement services business, Athene, is a market leader in fixed annuities and is expanding globally, particularly in the UK, Japan, Korea, Taiwan, Australia, and Hong Kong, to address the global retirement crisis.

Feb 11, 2026, 1:50 PM

Transcript

Apollo Global Management Discusses 2025 Performance and 2026 Outlook

APO

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Apollo Global Management reported a strong 2025, achieving 23% FRE growth and $300 billion in origination, exceeding initial targets.
For 2026, the company affirmed 20%+ FRE growth and 10% SRE growth, anticipating higher inflows from wealth and institutional capital, including the launch of Fund 11 with a target size of $25 billion.
The firm's strategy emphasizes origination, particularly in investment-grade private credit, which saw $300 billion in the last year and continues to see increasing demand due to attractive return profiles.
Apollo expects operating margin expansion of approximately 100 basis points in 2026, inclusive of Atlas SP Partners, reflecting disciplined investment in growth areas like global wealth and distribution.

Feb 10, 2026, 1:50 PM

Transcript

Apollo Global Management Affirms 2026 Growth Targets and Provides Strategic Outlook

APO

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Apollo Global Management reported Assets Under Management (AUM) totaling $938 billion.
The company affirmed its 2026 guidance, targeting 20%+ FRE growth and 10% SRE growth, with an anticipated 100 basis point expansion in its FRE margin inclusive of Bridge.
In 2025, Apollo achieved $300 billion in origination, meeting its five-year target in one year, and expects higher inflows in 2026, driven by institutional capital raise, including its new PE flagship Fund 11, which targets $25 billion.
The CFO anticipates a macro environment of higher rates and inflation over time, which is viewed as beneficial for the firm due to increased demand for capital.
Apollo continues to make significant investments in its wealth platform and is exploring the 401(k) market as a future growth frontier, while also leveraging AI for risk management, investment decision-making, and operational efficiency.

Feb 10, 2026, 1:50 PM

Transcript

Apollo Global Management Discusses 2026 Outlook, Growth Strategies, and 2025 Performance

APO

Guidance Update

New Projects/Investments

Revenue Acceleration/Inflection

Apollo Global Management reported $938 billion in AUM and affirmed 20%+ FRE growth and 10% SRE growth for 2026, following 23% FRE growth and $300 billion in origination in 2025.
The company expects higher inflows in 2026, with wealth capital raise projected to exceed $18 billion in 2025 and institutional capital raise to be meaningfully higher, supported by the new $25 billion target Fund 11.
Apollo's strategy focuses on Investment Grade private credit, achieving $300 billion in origination in the last year, driven by increasing demand for its attractive return profile.
The firm anticipates a macro environment of higher rates and higher inflation, which is seen as beneficial for its activity levels and pipelines.
Apollo is actively integrating AI to improve decision-making and operational efficiency, with 95% of the company's employees utilizing AI applications daily.

Feb 10, 2026, 1:50 PM

Transcript

Apollo Global Management Reports Strong 2025 Results, Provides Positive 2026 Guidance, and Increases Dividend

APO

Earnings

Guidance Update

Dividends

Apollo Global Management reported Fee-Related Earnings (FRE) of $2.5 billion for 2025, a 23% increase year-over-year, and Spread-Related Earnings (SRE) of $3.4 billion, up 9% year-over-year. Assets Under Management (AUM) grew 25% year-over-year to $938 billion.
The company achieved record inflows of $228 billion in 2025, with $100 billion organic inflows in Asset Management and $83 billion in Athene. This growth is driven by a strategic expansion from one market to six distinct markets, including individuals, insurance, and 401(k).
For 2026, Apollo projects FRE growth of over 20% and SRE growth of 10%, reaching approximately $3.85 billion. The SRE outlook is supported by Athene's planned acquisition of $9 billion in commercial mortgage assets.
Apollo announced a 10% increase in its annual per-share dividend from $2.04 to $2.25, commencing in Q1 2026, and returned approximately $1.5 billion to shareholders in 2025 through dividends and repurchases.