Skip to content
Business Segments · Net recognized investment gains on investment funds

Retirement Services — Net recognized investment gains on investment funds

Apollo Global Management Retirement Services — Net recognized investment gains on investment funds decreased by 24.2% to $442M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.9%, from $485M to $442M. Over 3 years (FY 2022 to FY 2025), Retirement Services — Net recognized investment gains on investment funds shows an upward trend with a 54.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ1 2026May 7, 2026

How to read this metric

Higher gains reflect strong performance of the underlying alternative investment portfolio, contributing to overall segment profitability.

Detailed definition

The net realized and unrealized gains generated from investments in private equity, hedge funds, or other pooled investm...

Peer comparison

Comparable to 'net gains on alternative investments' for asset managers and insurers with significant alternative allocations.

Metric ID: apo_segment_retirement_services_net_recognized_investment_gains_on_investment_funds

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$70M$48M$236M$198M$224M$315M$292M$397M$360M$319M$415M$448M$485M$455M$513M$583M$442M
QoQ Change-31.4%+391.7%-16.1%+13.1%+40.6%-7.3%+36.0%-9.3%-11.4%+30.1%+8.0%+8.3%-6.2%+12.7%+13.6%-24.2%
YoY Change+220.0%+556.3%+23.7%+100.5%+60.7%+1.3%+42.1%+12.8%+34.7%+42.6%+23.6%+30.1%-8.9%
Range$48M$583M
CAGR+58.5%
Avg YoY Growth+87.7%
Median YoY Growth+34.7%

Frequently Asked Questions

What is Apollo Global Management's retirement services — net recognized investment gains on investment funds?
Apollo Global Management (APO) reported retirement services — net recognized investment gains on investment funds of $442M in Q1 2026.
How has Apollo Global Management's retirement services — net recognized investment gains on investment funds changed year-over-year?
Apollo Global Management's retirement services — net recognized investment gains on investment funds decreased by 8.9% year-over-year, from $485M to $442M.
What is the long-term trend for Apollo Global Management's retirement services — net recognized investment gains on investment funds?
Over 3 years (2022 to 2025), Apollo Global Management's retirement services — net recognized investment gains on investment funds has grown at a 54.5% compound annual growth rate (CAGR), from $552M to $2.04B.
What does retirement services — net recognized investment gains on investment funds mean?
Net gains from investments in pooled funds and alternative assets.