Apollo announced that its assets under management (AUM) reached a new milestone of $840 billion. This milestone was announced in the company’s second-quarter 2025 results, released earlier this week.
The results showed a 21% increase in total AUM year-over-year, driven by strong inflows of $61 billion during the quarter. Some of the other milestones include:
— Record quarterly organic inflows and Fee Related Earnings.
— Total AUM of $840 billion as of June 30, 2025.
— Origination of $81 billion in new assets during the quarter, bringing the last twelve months’ total to $260 billion.
— A cash dividend of $0.51 per share of its common stock.
Apollo also reported that its Record Fee-Related Earnings (FRE) reached a record $627 million, representing a 22% year-over-year increase, which showcases the strength of the company’s stable and predictable earnings.
Revenue for the quarter was $6.81 billion, and adjusted net income was $1.2 billion, or $1.92 per share, beating analyst projections. The quarter saw record organic inflows, with the asset management business alone bringing in over $40 billion.
Apollo originated $81 billion in new assets during the quarter, representing nearly 50% year-over-year growth. And this was driven by a diverse range of activities, particularly in investment-grade and sub-investment-grade credit.
The company has a strong liquidity position with $72 billion in “dry powder” (uncalled capital) ready for investment.
KEY QUOTE:
“Our second quarter results reflect the strength of Apollo’s business model and the discipline with which we operate. The power of our origination capabilities were on full display, helping to drive record quarterly organic inflows and Fee Related Earnings. In a dynamic environment, we remain focused on investing and innovating behind long-term growth themes — retirement, wealth, industrial renaissance, and the public-private convergence.”
Marc Rowan, Chairman and Chief Executive Officer at Apollo
