- Preliminary Q3 2026 alternative net investment income: ~$375M pre-tax
- Annualized return on alternative net investments: 10%
- Athene pooled vehicle annualized return: 9%
- Athene other alternatives annualized return: 11%
- Full Q3 earnings scheduled for November 3, 2026
- Apollo Global Management disclosed preliminary Q3 2026 alternative net investment income of approximately $375 million pre-tax, representing a 10% annualized return on alternative net investments. The estimate includes a 9% annualized return from Athene's pooled alternative investment vehicle and an 11% annualized return from other alternative investments, including retirement services platforms. These figures are a component of Spread Related Earnings within Apollo's Retirement Services segment.
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