Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 374

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 374
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,354 14,808 Uninvested Performance Fee-Eligible AUM30,695 27,779 58,474 Total Performance Fee-Eligible AUM$133,681 $89,798 $223,479 1 Performance Fee-Generating AUM of $8.8 billion, $7.5 billion and $6.1 billion as of June 30, 2025, June 30, 2024 and December 31, 2024, respectively, are above the hurdle rates or preferred returns and have been deferred to future periods when the fees are probable to not be significantly reversed.

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The components of Fee-Generating AUM by investing strategy are presented below:

 June 30, 2025(In millions)CreditEquityTotalFee-Generating AUM based on capital commitments$— $27,408 $27,408 Fee-Generating AUM based on invested capital13,662 30,666 44,328 Fee-Generating AUM based on gross/adjusted assets479,169 6,641 485,810 Fee-Generating AUM based on NAV69,208 11,554 80,762 Total Fee-Generating AUM$562,039 $76,269 1$638,308 1 The weighted average remaining life of the traditional private equity funds as of June 30, 2025 was 62 months.

 June 30, 2024(In millions)CreditEquityTotalFee-Generating AUM based on capital commitments$214 $27,408 $27,622 Fee-Generating AUM based on invested capital11,255 29,973 41,228 Fee-Generating AUM based on gross/adjusted assets385,269 5,260 390,529 Fee-Generating AUM based on NAV54,554 8,230 62,784 Total Fee-Generating AUM$451,292 $70,871 1$522,163 1 The weighted average remaining life of the traditional private equity funds at June 30, 2024 was 65 months.

 December 31, 2024(In millions)CreditEquityTotalFee-Generating AUM based on capital commitments$— $24,678 $24,678 Fee-Generating AUM based on invested capital12,462 33,271 45,733 Fee-Generating AUM based on