APO has been in the news 339% more than usual
Feb 27, 2026, 11:31 PM
3.69%
What does APO do
Apollo Global Management, headquartered in New York City, offers asset management services across three segments: Asset Management, Retirement Services, and Principal Investing, employing 4,879 full-time staff since its IPO in 2011. Athene Holding, part of Apollo, specializes in retirement savings products, including annuities, while the Principal Investing segment focuses on investment income and performance fees.
APO has been in the news recently: APOLLO GLOBAL MANAGEMENT, like other private equity firms, is navigating challenges with returns at 14% and a 16% decline in fundraising, amounting to $395 billion, as reported by Bain & Co. Additionally, broader market concerns are heightened by rising producer prices and selloffs on Wall Street, prompting scrutiny on the Federal Reserve's rate decisions.
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