Apollo Sets 2029 Targets: $275B Origination, $150B Capital Raised
APO sits 41% above its 52-week low of $99.56.
Summary
Apollo has set ambitious 2029 targets: over $275 billion in annual origination and over $150 billion in capital raised, backed by governance and innovation upgrades. This follows the definitive agreement to acquire easyJet for £5.7 billion announced on August 6. The targets signal management's confidence in scaling the platform significantly beyond the $1 trillion AUM milestone reached in Q2 2026. The governance upgrades may address recent concerns raised by the Financial Times report on CEO Marc Rowan. Watch for further details on how these targets will be funded and executed.
At the time of this announcement, APO was trading at $140.71 on NYSE in the Finance sector, with a market capitalization of approximately $83.1B. The 52-week trading range was $99.56 to $153.29. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.