Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 256

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 256
---
 $(14,979)$— $— (Concluded)1 Related to instruments held at end of period.Three 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$1,191 $(29)$— $8 $— $1,170 $(18)$— Investments of consolidated VIEs2,110 (29)— (504)(70)1,507 (2)— Total Level 3 assets – Asset Management$3,301 $(58)$— $(496)$(70)$2,677 $(20)$— Assets – Retirement ServicesAFS securitiesForeign governments$40 $— $— $(6)$— $34 $— $— Corporate3,378 (1)5 5,463 (731)8,114 (1)21 ABS7,165 (17)(12)1,349 (65)8,420 — (15)CMBS21 (1)— — — 20 — (1)RMBS265 2 1 (5)(2)261 — (1)Trading securities40 — — (3)— 37 — — Equity securities27 — — — 9 36 — — Mortgage loans48,207 70 — 4,368 — 52,645 69 — Funds withheld at interest – embedded derivative(3,362)79 — — — (3,283)— — Derivative assets1 — — — — 1 — — Short-term investments101 — — (20)(1)80 — — Other investments751 (3)— 156 — 904 (3)— (Continued)

46

Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

Three months ended June 30, 2024Total realized and unreal