Apollo Global Management Hits $1 Trillion AUM

Apollo Global Management surpasses $1 trillion in assets, with fee-related earnings soaring 30% to $728 million. Inflows reach a record $115 billion, outpacing competitors. Despite a GAAP net loss due to tax hits and unrealized losses, adjusted net income hits $1.21 billion. Capital solutions fees surge 60% to $246 million, and Apollo aims for $1.5 trillion by 2029. A quarterly dividend of $0.5625 per share is declared. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/904fe7e368e92139