Apollo Global Management (APO) Misses Q4 EPS by 18c; Approves $250M Buyback Plan

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Apollo Global Management, LLC Reports Fourth Quarter and Full Year 2015 Results

February 3, 2016 7:00 AM EST

Apollo Adopts Plan to Repurchase $250 Million of Shares

NEW YORK--(BUSINESS WIRE)-- Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today reported results for the fourth quarter and full year ended December 31, 2015.

During 2015 the funds we manage generated inflows of nearly $24 billion and deployed more than $13 billion, which we believe demonstrates the power of Apollos integrated global platform amid a volatile market backdrop, said Leon Black, Chairman and Chief Executive Officer of Apollo. In addition, since we do not believe the current share... More