Apollo Global Management Inc. reported record financial results in its latest investor presentation. As of December 31, 2025, the company’s assets under management reached $938 billion, with fee-related earnings totaling $2.5 billion for the year. Origination volume stood at $309 billion, while spread-related earnings were $3.4 billion and total inflows reached $228 billion. The firm highlighted an average annualized default rate of 0.1% from 2009 to 2025. Apollo also noted an average annual earnings growth of 17% between 2022 and 2025, and a long-term private equity internal rate of return of 39% gross and 24% net since inception. You can access the full presentation through the link below.

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