Keefe, Bruyette & Woods Upgrades Apollo Global Management (APO) to Outperform

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Go back to Keefe, Bruyette & Woods Upgrades Apollo Global Management (APO) to Outperform

Apollo Global Management, LLC Reports Second Quarter 2016 Results

August 3, 2016 7:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today reported results for the second quarter ended June 30, 2016.

Apollo delivered strong financial results for the second quarter of 2016, driven by positive investment performance across our integrated global platform, said Leon Black, Chairman and Chief Executive Officer. In addition, the funds we manage generated significant new inflows, and deployed or committed more than $7.5 billion to new investments in private equity, credit and real estate.

Apollo issued a full detailed presentation of its second quarter ended June 30, 2016... More