Business Segments · Fee-related performance fee

Asset Management — Fee-related performance fee

Apollo Global Management Asset Management — Fee-related performance fee increased by 4.1% to $76.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 43.4%, from $53.00M to $76.00M. Over 4 years (FY 2021 to FY 2025), Asset Management — Fee-related performance fee shows an upward trend with a 47.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ4 2025

How to read this metric

Higher values indicate strong investment performance and effective management of client assets.

Detailed definition

Performance-based fees earned by the asset management segment that are tied to the achievement of specific investment be...

Peer comparison

Common in alternative asset management firms that emphasize performance-linked fee structures.

Metric ID: apo_segment_asset_management_fee_related_performance_fee

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$8.10M$19.80M$20.20M$14.20M$11.70M$20.00M$25.60M$27.00M$35.00M$40.00M$44.00M$46.00M$52.00M$57.00M$53.00M$54.00M$63.00M$73.00M$76.00M
QoQ Change+144.4%+2.0%-29.7%-17.6%+70.9%+28.0%+5.5%+29.6%+14.3%+10.0%+4.5%+13.0%+9.6%-7.0%+1.9%+16.7%+15.9%+4.1%
YoY Change+44.4%+1.0%+26.7%+90.1%+199.1%+100.0%+71.9%+70.4%+48.6%+42.5%+20.5%+17.4%+21.2%+28.1%+43.4%
Range$8.10M$76.00M
CAGR+64.5%
Avg YoY Growth+55.0%
Median YoY Growth+43.4%
Current Streak4 quarters growth

Frequently Asked Questions

What is Apollo Global Management's asset management — fee-related performance fee?
Apollo Global Management (APO) reported asset management — fee-related performance fee of $76.00M in Q4 2025.
How has Apollo Global Management's asset management — fee-related performance fee changed year-over-year?
Apollo Global Management's asset management — fee-related performance fee increased by 43.4% year-over-year, from $53.00M to $76.00M.
What is the long-term trend for Apollo Global Management's asset management — fee-related performance fee?
Over 4 years (2021 to 2025), Apollo Global Management's asset management — fee-related performance fee has grown at a 47.0% compound annual growth rate (CAGR), from $56.90M to $266.00M.
What does asset management — fee-related performance fee mean?
Performance fees earned by the asset manager that are linked to investment success.