Apollo Global Management surpasses $1 trillion in assets with record fee earnings
Apollo Global Management's assets under management topped $1 trillion for the first time, driven by a 30% surge in fee-related earnings to $728 million in the first quarter. Total inflows reached a record $115 billion. The milestone underscores the firm's expansion beyond traditional private equity into credit and insurance, positioning it among the largest asset managers globally.
Key facts
- Apollo Global Management's assets under management exceeded $1 trillion.
- Fee-related earnings rose 30% to $728 million in Q1.
- Total inflows hit a record $115 billion.
- The firm has diversified into credit and insurance.
- Apollo is now among the world's largest asset managers.
Entities
Institutions
- Apollo Global Management
Sources
- Quartz —