Apollo Global Management (APO) Tops Q3 EPS by 46c
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Apollo Global Management, LLC Reports Third Quarter 2017 Results
November 1, 2017 7:00 AM EDTNEW YORK--(BUSINESS WIRE)-- Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today reported results for the third quarter ended September 30, 2017.
Apollo delivered excellent results for the third quarter driven by strong investment performance across all our businesses, led by the private equity funds we manage which appreciated by 7% in the quarter and 25% over the last twelve months, said Leon Black, Chairman and Chief Executive Officer. By leveraging the power of Apollos integrated global platform, we have generated capital inflows of $56 billion in the past year, bringing total assets under management to... More
