Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 111

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 111
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 securitiesEnding balanceAFS securitiesCorporate$174 $— $— $— $174 ABS82 39 (2)11 130 CMBS60 — — 2 62 RMBS392 3 (3)2 394 Total AFS securities708 42 (5)15 760 AFS securities – related parties, ABS1 — — — 1 Total AFS securities, including related parties$709 $42 $(5)$15 $761 Three months ended June 30, 2024AdditionsReductions(In millions)Beginning balanceInitial credit lossesSecurities sold during the periodAdditions (reductions) to previously impaired securitiesEnding balanceAFS securitiesCorporate$127 $41 $— $— $168 CLO1 — — (1)— ABS51 10 (1)7 67 CMBS31 25 — 1 57 RMBS387 1 (6)(4)378 Total AFS securities597 77 (7)3 670 AFS securities – related parties, ABS1 — — — 1 Total AFS securities, including related parties$598 $77 $(7)$3 $671 

26

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

Six months ended June 30, 2025AdditionsReductions(In millions)Beginning balanceInitial credit lossesSecurities sold during the periodAdditions (reductions) to previously impaired securitiesEnding balanceAFS securitiesCorporate$175 $— $— $(1)$174 ABS76 40 (3)17 130 CMBS60 — — 2 62 RMBS397 5 (10)2 394 Total AFS securities708 45 (13)20 760 AFS securities – related parties, ABS1 — — — 1 Total AFS securities, including related parties$709 $45 $(13)$20 $761 Six months ended June 30, 2024AdditionsReductions(In millions)Beginning balanceInitial credit lossesSecurities sold during the periodAdditions (reductions) to previously impaired securitiesEnding balanceAFS securitiesCorporate$129 $48