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Apollo Global Management logoApollo Global Management APO

The company said it released a summary press release and a detailed earnings presentation on August 1, 2024 with its results for Q2, which ended on June 30, and attached them as Exhibits 99.1 and 99.2 to Form 8-K.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it released a summary press release and a detailed earnings presentation on August 1, 2024 with its results for Q2, which ended on June 30, and attached them as Exhibits 99.1 and 99.2 to Form 8-K.

  2. The company said Chief Executive Officer Marc Rowan cited record fee related earnings for Q2, as well as record quarterly debt origination, gross capital deployment, and third-party fundraising excluding flagship private equity.

  3. The company declared a cash dividend of $0.4625 per common share for Q2, payable on August 30, 2024, and a cash dividend of $0.8438 per share of Mandatory Convertible Preferred Stock, payable on October 31, 2024.

  4. The company said it had approximately $696 billion in assets under management as of June 30, 2024. It will host a public audio webcast on Thursday, August 1, 2024 at 8:30 a.m. Eastern Time to review results.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Apollo Reports Q2 2024 Results and Attached Materials

The company said it released a summary press release and a detailed earnings presentation on August 1, 2024 with its results for Q2, which ended on June 30, and attached them as Exhibits 99.1 and 99.2 to Form 8-K.

Source · Based on the filing body and exhibits

Marc Rowan on Record Q2 Asset Management Results

The company said Chief Executive Officer Marc Rowan cited record fee related earnings for Q2, as well as record quarterly debt origination, gross capital deployment, and third-party fundraising excluding flagship private equity.

Source · Based on the filing body and exhibits

Common Stock and Mandatory Convertible Preferred Stock Dividends

The company declared a cash dividend of $0.4625 per common share for Q2, payable on August 30, 2024, and a cash dividend of $0.8438 per share of Mandatory Convertible Preferred Stock, payable on October 31, 2024.

Source · Based on the filing body and exhibits

Assets Under Management and Conference Call Schedule

The company said it had approximately $696 billion in assets under management as of June 30, 2024. It will host a public audio webcast on Thursday, August 1, 2024 at 8:30 a.m. Eastern Time to review results.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.