Apollo Global Management Retirement Services — Assets, subtotal increased by 3.4% to $9.19B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.7%, from $8.15B to $9.19B. Over 3 years (FY 2022 to FY 2025), Retirement Services — Assets, subtotal shows an upward trend with a 30.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase reflects successful asset gathering and growth in the insurance business, providing more capital to deploy for investment income.
The aggregate value of all financial assets held within the retirement services segment, excluding non-investment assets...
Comparable to 'Total Invested Assets' reported by insurance and annuity providers.
apo_segment_retirement_services_assets_subtotal| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $3.67B | $2.93B | $4.07B | $3.31B | $3.96B | $5.11B | $4.57B | $5.30B | $7.16B | $7.49B | $7.53B | $8.15B | $6.15B | $6.90B | $8.88B | $9.19B |
| QoQ Change | — | — | -20.1% | +38.6% | -18.6% | +19.6% | +29.3% | -10.6% | +15.9% | +35.1% | +4.6% | +0.5% | +8.3% | -24.5% | +12.2% | +28.7% | +3.4% |
| YoY Change | — | — | — | — | — | +7.9% | +74.4% | +12.4% | +60.1% | +81.0% | +46.4% | +64.7% | +53.9% | -14.1% | -7.8% | +18.0% | +12.7% |