Apollo Reports $53 Billion in Third-Quarter Inflows, AUM Reaches $1.07 Trillion
Apollo Global Management said demand for private credit, insurance and other alternative investments helped drive record fee-related earnings.
By Pritam BiswasApollo Global Management NYSE:APO reported $53 billion in third-quarter inflows on Tuesday, pushing its assets under management to $1.07 trillion, as demand for private credit, insurance and other alternative investments helped drive record fee-related earnings.Shares of the New Yor…