Apollo Global Management Reports Record $840B AUM, $627M Fee Earnings Q2

Apollo Global Management reported record-breaking second-quarter results in 2025, with assets under management reaching $840 billion, marking a 21% increase year-over-year driven by $61 billion in net inflows. The firm's fee-related earnings hit a new high of $627 million, up 22%, fueled by strong management fees and growth in the credit and capital solutions segments. CEO Marc Rowan emphasized Apollo's strategic focus on long-term growth themes such as retirement, wealth, and industrial renaissance, along with innovations like tokenized funds to meet rising investor demand for private market exposure. Apollo's diversification into corporate credit and full ownership of Athene has helped stabilize earnings amidst market volatility influenced by President Donald Trump's tariff policies. The company also declared cash dividends for its common and preferred stock, reflecting confidence in its business model and financial discipline. Overall, Apollo's performance highlights its robust asset origination capabilities and adaptability to evolving investment landscapes.