Company: APO
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001858681-25-000139
Chunk: 71

Company: Apollo Global Management, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 2
Chunk 71
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$39,090 $168,336 39 24 AIOF III20242,442 2,399 669 — 669 769 769 NM4NM4AIOF II20202,760 2,542 2,236 1,146 1,455 1,817 2,963 14 9 AIOF I201818 897 803 1,280 — — 1,280 22 16 HVF III5N/A3,257 3,265 196 — 196 195 195 NM4NM4HVF II20225,423 4,592 4,717 1,364 3,988 4,970 6,334 16 13 HVF I20191,966 3,238 3,698 4,504 814 1,351 5,855 22 17 Total Equity$72,591 $115,791 $105,410 $137,540 $35,716 $48,192 $185,732 1 Accord funds have investment periods shorter than 24 months, therefore Gross and Net IRR are presented after 12 months of investing. 2 The general partners and managers of Funds I, II and MIA, as well as the general partner of Fund III, were excluded assets in connection with the reorganization of the Company that occurred in 2007. As a result, Apollo did not receive the economics associated with these entities. The investment performance of these funds, combined with Fund IV, is presented to illustrate fund performance associated with Apollo’s investment professionals.3 Total IRR is calculated based on total cash flows for all funds presented.4 Data has not been presented as the fund’s effective date is less than 24 months prior to the period indicated and such information was deemed not meaningful.5 Vintage Year is not yet applicable as the fund has not had its final closing.

148

Equity

The following table summarizes the investment record for distressed investments made in our traditional private equity fund portfolios since the Company’s inception. All amounts are as of September 30, 2025.

(In millions, except percentages)Total Invested CapitalTotal ValueGross IRRDistressed for Control$9,283 $21,292 29 %Non-Control Distressed6,085 11,437 71 Total15,368