Apollo Global Management
Apollo Global Management is a leading global alternative asset manager and retirement services provider. The company operates an integrated platform that sources, underwrites, and manages investments across credit, equity, and real estate while providing insurance and savings products through its retirement services business. Its core value proposition centers on generating superior risk-adjusted returns for institutional and individual investors through a contrarian, value-oriented investment approach.
Financials
Based on Q1 2026 filing
Business Segments
Asset Management
primaryFocuses on credit, equity, and real estate investing strategies for third-party institutional and individual investors. This segment earns fee-related earnings from investment management, capital solutions, and monitoring services.
Direct Origination, Asset-Backed Finance, Opportunistic Credit, Multi-Credit, Corporate Private Equity, Hybrid Value, AAA (Apollo Aligned Alternatives), Real Estate Equity, Infrastructure and Clean Transition Equity, Secondaries
Public and private pension funds, Sovereign wealth funds, Endowments and foundations, Insurance companies, Private wealth platforms, High net worth individuals
Retirement Services
majorOperated through Athene, this segment specializes in issuing, reinsuring, and acquiring retirement savings products. It generates spread income by sourcing long-term liabilities and investing them in high-quality assets originated by the asset management platform.
Fixed Rate Annuities, Fixed Indexed Annuities (FIAs), Registered Index-Linked Annuities (RILAs), Payout Annuities, Private Placement Variable Annuities (PPVA), Group Annuities, Funding Agreements, Pension Group Annuities
Retail retirement savers, Institutional pension plans, Corporate sponsors, Insurance company cedants
Principal Investing
moderateConsists of realized performance fee income and realized investment income earned from the company's own balance sheet investments. This segment also includes growth capital and liquidity resources used for strategic corporate investments.
Balance Sheet Investments, Strategic Corporate Investments
Internal corporate functions
Segment Financials
Asset Management — Property management, development and other fees
View metricAsset Management — Equity securities
View metricAsset Management — Investments
View metricRetirement Services — Investments, including derivatives
View metricRetirement Services — Insurance liabilities
View metricRetirement Services — Investments exchanged with third-party cedants
View metricPrincipal Investing — Realized investment income
View metricPrincipal Investing — Segment Income
View metricPrincipal Investing — Realized performance fees
View metricBusiness Overview
Competitive Position
A leading global alternative asset manager with a significant integrated retirement services platform that provides a unique source of perpetual capital.
Geographies
United States, Bermuda, Europe, Asia
Customer Segments
Institutional investors, Retail consumers, Financial institutions, Corporations
Upstream Dependencies
Institutional capital commitments, Retail annuity premiums, Debt capital markets, Regulatory licenses
Downstream Customers
Pension fund beneficiaries, Annuity policyholders, Portfolio companies, Corporate borrowers
Competitors & Partners
Competitors
Brookfield Asset Management
BAM
Competitor in alternative assets and insurance solutions
KKR & Co.
KKR
Direct competitor in private equity, credit, and insurance (Athene).
Ares Management Corporation
ARES
Major competitor in credit-focused alternative asset management and insurance-linked strategies.
Blackstone
BX
Global alternative asset management competitor
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MSCI
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Partners
Athora
Strategic liabilities platform in the European life insurance market for which Apollo provides investment advisory services
Blackrock
BLK
Competitor in global asset management and institutional capital allocation
Blackstone
BX
Competitor in alternative asset management and private equity
KKR & Co.
KKR
Competitor in private equity and credit markets
Subsidiaries
Athene Holding Ltd.
Primary retirement services subsidiary providing annuities and funding agreements
Bridge
Real estate fund manager focused on residential and industrial properties
Griffin Capital Securities, LLC
Registered broker-dealer subsidiary
Apollo Global Securities, LLC
Registered broker-dealer subsidiary
Vitera
Rebranded retirement solutions provider for defined contribution plans
Apollo Global Management FAQ
Common questions about Apollo Global Management
Apollo Global Management is a leading global alternative asset manager and retirement services provider. The company operates an integrated platform that sources, underwrites, and manages investments across credit, equity, and real estate while providing insurance and savings products through its retirement services business. Its core value proposition centers on generating superior risk-adjusted returns for institutional and individual investors through a contrarian, value-oriented investment approach.
Apollo Global Management (APO) has a market capitalization of $74.1B and trades on NYSE.
Apollo Global Management generated $31.6B in trailing twelve-month revenue with net income of $1.1B, representing a net margin of 3.6%. These figures are based on the Q1 2026 filing.
Apollo Global Management's key competitors include Brookfield Asset Management, KKR & Co. Inc., Ares Management Corporation Class A Common Stock, and others. These companies compete in similar markets and product categories.
Apollo Global Management has approximately 4,945 employees.