Apollo is a money manager that buys distressed companies and loans, then restructures them for profit—think of it as a financial fixer-upper for big businesses.
Apollo earns fees from managing funds plus performance cuts when investments pay off; revenue hit USD 30.30B in 2025 with a 34.39% operating margin, though net margin dipped to 14.79%.
Apollo's scale and 35-year track record in distressed assets create switching costs for institutional clients, but Blackstone and KKR compete fiercely for the same deals, and fee pressure from passive funds is eroding pricing power.
Hold (sector percentile 48) — value B+, growth A, profitability B+, momentum C-, revisions D-. Updated daily, sector-relative, identical for every user.
Key events, in time order
Apollo's largest US sports investment, supporting franchise growth and debt refinancing
Multiple sources confirm Apollo's participation in Nvidia's $500B AI financing deal, potentially announced today
After Castlelake withdrew, Apollo and easyJet confirmed 715p/share take-private, up 7% from Monday.
Athene priced $1B 6.150% senior notes due 2036, proceeds for general corporate purposes and insurance subsidiary growth.
Record FRE but EPS miss, tough asset sale environment
Apollo-managed funds acquire Houston-based water company Maverick Water Group
Two independent sources report a major sports financing deal
Apollo offers £5.7B cash for easyJet, viewing it as undervalued despite fuel cost and geopolitical headwinds.
Redemption requests rose from 11% last quarter to ~17%; fund caps at industry standard 5%, indicating rising investor withdrawal pressure
Multiple independent sources confirm Apollo and Blackstone are providing $35B in financing for Anthropic's AI buildout, involving Broadcom and Google.
Related — this ticker is not the subject
Bloomberg says the financing is still being negotiated and would support AI chips and data-center buildout
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