Apollo Global Management (APOS) Stock News

Fitch affirmed Apollo Global Management's long-term IDR at 'A' with a Stable Outlook. The rating reflects strong competitive position, peer-leading perpetual capital, and strong margins. Constraints include insurance concentration and macro headwinds.

Apollo Global Management estimates Q3 alternative net investment income of approximately $375 million pre-tax, a 10% annualized return. Athene's pooled alternative investments returned an estimated 9% annualized, while other alternatives returned 11% annualized. The figures are preliminary and unaudited; full Q3 earnings are due November 3.

Apollo now provides daily pricing across its $850 billion credit business, extending from investment-grade Fixed Income Replacement to direct lending, asset-backed finance, multi-credit and opportunistic credit vehicles. Asset-level pricing is expected by October 30, 2026. The firm's secondary trading desk has facilitated over $30 billion in volume since 2024.