Apollo's AUM Reaches $1.05 Trillion After $1 Trillion Cross
The alternative asset manager closed June 30, 2026 with approximately $1.05 trillion of assets under management, after crossing $1 trillion in the first quarter.
Apollo Global Management (APO) closed the second quarter of 2026 with approximately $1.05 trillion of assets under management, a further step after the firm had already crossed the $1 trillion mark at the end of the first quarter.
The global alternative asset manager had approximately $1.05 trillion of assets under management as of June 30, 2026. Three months earlier, at March 31, 2026, that figure stood at approximately $1.03 trillion. Chairman and Chief Executive Officer Marc Rowan had framed the first-quarter print as a strong tone for the year, with record fee-related earnings and assets under management surpassing $1 trillion. The second-quarter release did not restate a new AUM total beyond the June 30 level already given in the company’s description of the platform.
Apollo described itself as a high-growth, global alternative asset manager. In its asset management business, it said it seeks to provide clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. Through Athene, its retirement services business, it said it specializes in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions.
Rowan said the company’s strong second-quarter results reflect record earnings across Asset Management and Retirement Services, highlighting the quality and growing scale of the business. He said Apollo is at the forefront of modernizing how private markets operate by enhancing transparency, improving liquidity, and broadening access. In a market evolving quickly with increasing demand for capital, he said the breadth of the firm’s origination capabilities combined with a principal mindset positions it to help shape what comes next.
The company declared a cash dividend of $0.5625 a share of its Common Stock for the second quarter ended June 30, 2026. That dividend was to be paid on August 31, 2026, to holders of record at the close of business on August 19, 2026. The same $0.5625 a share common dividend had been declared for the first quarter ended March 31, 2026, payable on May 29, 2026, to holders of record at the close of business on May 19, 2026. For the first quarter, Apollo had also declared and set aside for payment a cash dividend of $0.8438 a share of its Mandatory Convertible Preferred Stock, payable on July 31, 2026, to holders of record at the close of business on July 15, 2026. The declaration and payment of dividends on the Common Stock are at the sole discretion of Apollo Global Management, Inc.’s board of directors. The company said it cannot assure stockholders that they will receive any dividends in the future.
Apollo had been operating for more than three decades, with investing expertise across a fully integrated platform that has served the financial return needs of clients and provided businesses with innovative capital solutions for growth. The firm’s patient, creative, and knowledgeable approach to investing aligns clients, businesses it invests in, employees, and the communities it impacts to expand opportunity and achieve positive outcomes.
The second-quarter release pointed investors to a full detailed presentation of results for the quarter ended June 30, 2026, on the company’s Investor Relations website at ir.apollo.com. Apollo said it will host a public audio webcast on Tuesday, August 4, 2026, at 8:30 a.m. Eastern Time, during which members of its senior management team will review financial results for the second quarter ended June 30, 2026. The webcast was to be accessed at ir.apollo.com, with a replay available at the same link one hour after the event. The first-quarter release had used the same structure, with a webcast on Wednesday, May 6, 2026, at 8:30 a.m. Eastern Time to review results for the quarter ended March 31, 2026.
Apollo distributes its earnings releases via its website and email distribution lists. Those interested in receiving firm updates by email were directed to sign up at ir.apollo.com. Apollo had been operating for more than three decades, with investing expertise across a fully integrated platform that has served the financial return needs of clients and provided businesses with innovative capital solutions for growth. The firm’s patient, creative, and knowledgeable approach to investing aligns clients, businesses it invests in, employees, and the communities it impacts to expand opportunity and achieve positive outcomes.