Business Segments · Investment funds

Retirement Services — Investment funds

Apollo Global Management Retirement Services — Investment funds increased by 17.1% to $23.89B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 35.3%, from $17.66B to $23.89B. Over 3 years (FY 2022 to FY 2025), Retirement Services — Investment funds shows an upward trend with a 20.5% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ4 2025

How to read this metric

Higher balances indicate a greater allocation to alternative assets, which may increase potential returns but also heighten liquidity and valuation risk.

Detailed definition

The value of interests held in various investment funds, including private equity, hedge funds, or real estate funds, ma...

Peer comparison

Comparable to 'Investments in Unconsolidated Entities' or 'Alternative Investments' at other alternative asset managers.

Metric ID: apo_segment_retirement_services_investment_funds

Historical Data

17 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$0.00$12.78B$9.49B$11.89B$12.48B$12.78B$14.01B$14.99B$15.82B$16.71B$17.62B$17.03B$17.66B$18.19B$19.18B$20.40B$23.89B
QoQ Change-25.7%+25.2%+5.0%+2.4%+9.6%+7.0%+5.5%+5.6%+5.5%-3.4%+3.7%+3.0%+5.4%+6.4%+17.1%
YoY Change-0.0%+47.5%+26.1%+26.8%+30.8%+25.8%+13.6%+11.6%+8.9%+8.8%+19.8%+35.3%
Range$0.00$23.89B
Avg YoY Growth+21.2%
Median YoY Growth+22.8%
Current Streak5 quarters growth

Frequently Asked Questions

What is Apollo Global Management's retirement services — investment funds?
Apollo Global Management (APO) reported retirement services — investment funds of $23.89B in Q4 2025.
How has Apollo Global Management's retirement services — investment funds changed year-over-year?
Apollo Global Management's retirement services — investment funds increased by 35.3% year-over-year, from $17.66B to $23.89B.
What is the long-term trend for Apollo Global Management's retirement services — investment funds?
Over 3 years (2022 to 2025), Apollo Global Management's retirement services — investment funds has grown at a 20.5% compound annual growth rate (CAGR), from $46.64B to $81.65B.
What does retirement services — investment funds mean?
The total value of capital invested in pooled investment vehicles and alternative funds.