Apollo Global Management Announces Preliminary Q4 2024 Financial Estimates

Summary

Apollo Global Management, Inc. has reported preliminary estimates for its alternative net investment income for the fourth quarter of 2024, anticipating approximately $265 million pre-tax. This represents an annualized return of 9% on alternative net investments. The Company also disclosed that its subsidiary, Athene Holding Ltd., has an estimated 11% annualized return from investments in a pooled investment vehicle and a 5% return from other alternative investments. These estimates are subject to change as the Company completes its financial closing procedures and may not be indicative of future performance.