Apollo Global Management ( (APO) ) has shared an update.
Apollo Global Management, Inc. and its subsidiary Athene Holding Ltd. have announced preliminary estimates for their alternative net investment income for the first quarter ending March 31, 2025. The company anticipates approximately $290 million in pre-tax income, translating to an estimated 9% annualized return on alternative net investments. Athene’s investments in a pooled vehicle are expected to yield a 10% return, while other investments, including retirement services platforms, are estimated to return 6%. These figures are preliminary and subject to change, as the financial closing procedures are not yet complete, and the results have not been audited.
More about Apollo Global Management
Apollo Global Management, Inc. is a prominent player in the financial industry, specializing in alternative investment management. The company, along with its subsidiary Athene Holding Ltd., focuses on retirement services and alternative investments, positioning itself as a leader in these markets.
YTD Price Performance: -15.98%
Average Trading Volume: 3,636,088
Technical Sentiment Signal: Sell
Current Market Cap: $78.12B
See more insights into APO stock on TipRanks’ Stock Analysis page.