Apollo Global Management (APO) Posts Mixed Q1 Results

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Apollo Global Management (APO) Below Expectations But It's Not All Bad - PiperJaffray

May 9, 2016 8:36 AM EDT

Piper Jaffray analyst, Jason Weyeneth, noted Apollo Global Management (NYSE: APO) 1Q16 results were below expectations driven by lower credit returns, higher discretionary bonus accruals, and Athene related marks. However, there were a couple of positive takeaways from results: 1) Fund VIII capital... More