Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 141

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 141
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— Total Level 3 liabilities – Retirement Services$(13,850)$20 $— $(1,149)$— $(14,979)$— $— (Concluded)1 Related to instruments held at end of period.Six months ended June 30, 2024Total realized and unrealized gains (losses)(In millions)Beginning BalanceIncluded in IncomeIncluded in OCINet Purchases, Issuances, Sales and SettlementsNet Transfers In (Out)Ending BalanceTotal Gains (Losses) Included in Earnings1Total Gains (Losses) Included in OCI1Assets – Asset ManagementInvestments and derivative assets$1,201 $(36)$— $5 $— $1,170 $— $— Investments of consolidated VIEs1,492 (29)— 114 (70)1,507 (1)— Total Level 3 assets – Asset Management$2,693 $(65)$— $119 $(70)$2,677 $(1)$— Assets – Retirement ServicesAFS securitiesForeign governments$40 $— $— $(6)$— $34 $— $— Corporate2,525 (3)7 6,307 (722)8,114 (2)19 ABS6,943 (15)1 1,474 17 8,420 — — CMBS21 (1)— — — 20 — — RMBS265 3 1 (6)(2)261 — (1)Trading securities28 — — (5)14 37 (1)— Equity securities26 — — 1 9 36 — — Mortgage loans44,115 (271)— 8,801 — 52,645 (271)— Funds withheld at interest – embedded derivative(3,379)96 — — — (3,283)— — Derivative assets— — — — 1 1 — — Short-term investments105 — — (24)(1)80 — — Other investments630 (6)— 280 — 904 (6)— (Continued)

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Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.NOTES