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APO has been in the news 545% more than usual

May 01, 2025, 8:31 PM
-5.20%
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: Metro Loft's SoMA at 25 Water St., which features 1,320 apartments, represents the largest office-to-residential conversion in the U.S., with rents ranging from $4,000 to over $10,000. Doral Renewables LLC has expanded its financial capacity to support renewable energy projects by securing a $100 million corporate Letter of Credit facility, adding to its existing $185 million.
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