Apollo Global Management (APO) Misses Q2 EPS by 1c
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Apollo Global Management, LLC Reports Second Quarter 2018 Results
August 2, 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 second quarter ended June 30, 2018.
By leveraging the power of Apollos integrated global platform, we have generated capital inflows of $63 billion in the twelve months ended June 30, 2018, bringing total assets under management to approximately $270 billion, said Leon Black, Chairman and Chief Executive Officer. During the second quarter our Fee-Related Earnings grew by 40% and continue to provide our shareholders with a steady source of cash flow which is supported by a large base of long-dated... More
