Apollo Global Management, Inc. (NYSE: APO) has reported its first-quarter results for the period ending March 31, 2025. The company's chairman and chief executive officer, Marc Rowan, highlighted the strengths of Apollo, emphasizing its ability to navigate shifting market conditions.
In the asset management sector, Apollo generated record organic inflows and strong origination volume. Additionally, the company delivered solid investment performance across all major strategies. In the retirement services segment, Apollo accelerated new business growth and made conservative investments to support redeployment into widening spreads.
Key financial metrics include a declared cash dividend of $0.51 per share of common stock for the first quarter, payable on May 30, 2025, to holders of record as of May 16, 2025. Moreover, a cash dividend of $0.8438 per share of mandatory convertible preferred stock has been set aside for payment on July 31, 2025, to holders of record as of July 15, 2025.
Apollo's presentation of its first-quarter results is available on the company's investor relations website. The firm also announced a public audio webcast scheduled for May 2, 2025, at 8:30 a.m. Eastern Time, during which senior management will review the financial results for the first quarter.
As of March 31, 2025, Apollo had approximately $785 billion of assets under management.
For a more comprehensive overview of the results, interested parties can access the detailed presentation on Apollo's investor relations website at ir.apollo.com. Today the company's shares have moved -1.3% to a price of $136.11. For more information, read the company's full 8-K submission here.
