Apollo Global Management (APO) Misses Q1 EPS by 19c
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Apollo Global Management, LLC Reports First Quarter 2018 Results
May 3, 2018 7:00 AM EDTNEW YORK--(BUSINESS WIRE)-- Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today reported results for the first quarter ended March 31, 2018.
Despite some volatility in Apollos first quarter results, primarily driven by unrealized losses in our private equity business, we believe Apollo is exceptionally well-positioned for continued long-term growth and profitability across our integrated global investment platform, said Leon Black, Chairman and Chief Executive Officer. Over the past twelve months, we generated nearly $30 billion of net inflows in the fee-generating assets we manage, led by the recent commencement of the... More
