Apollo's AUM Crosses $1 Trillion Mark, Completes Altemira Divestiture
APO sits 29% above its 52-week low of $99.56.
Summary
Apollo Global Management reported its Assets Under Management (AUM) reached $1.03 trillion as of March 31, 2026, a significant increase from the $938 billion reported in Q4/FY25. The company also completed the sale of its stake in pan-Asian aluminum packager ALTEMIRA to MBK Partners. This AUM growth is a critical positive indicator for an asset manager, directly impacting fee-related earnings and overall valuation. The Altemira exit demonstrates active portfolio management. Co-President John Zito is scheduled to speak at the Morgan Stanley US Financials Conference on June 10, which may offer further insights.
At the time of this announcement, APO was trading at $128.76 on NYSE in the Finance sector, with a market capitalization of approximately $74.2B. The 52-week trading range was $99.56 to $157.28. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.