Company: APO
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001858681-25-000139
Chunk: 357

Company: Apollo Global Management, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 357
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 in capital16,885 40 — 16,925 Retained earnings (accumulated deficit)7,400 18,455 (18,549)7,306 Accumulated other comprehensive income (loss)(2,487)30 (35)(2,492)Total AGM Stockholders’ Equity23,196 18,525 (18,584)23,137 Non-controlling interests8,189 8,274 197 16,660 Total Equity31,385 26,799 (18,387)39,797 Total Liabilities and Equity$436,637 $31,691 $(18,785)$449,543 (Concluded)1 Certain investment managers and general partners of the funds managed by the Company are VIEs. Such investment managers and general partners have other equity investors at risk that do not have the ability to make significant decisions related to the entity’s operations. The assets and liabilities of such VIEs are presented within Apollo Global Management, Inc. and Consolidated Subsidiaries.

104

December 31, 2024(In millions)Apollo Global Management, Inc. and Consolidated SubsidiariesConsolidated Funds and VIEsEliminationsConsolidatedAssetsAsset ManagementCash and cash equivalents$2,692 $— $— $2,692 Restricted cash and cash equivalents3 — — 3 Investments6,558 — (472)6,086 Assets of consolidated variable interest entitiesCash and cash equivalents— 158 — 158 Investments— 2,962 (156)2,806 Other assets— 188 (104)84 Due from related parties630 — (46)584 Goodwill264 — — 264 Other assets2,579 — — 2,579 12,726 3,308 (778)15,256 Retirement ServicesCash and cash equivalents12,733 — — 12,733 Restricted cash and cash equivalents943 — — 943 Investments262,561 — (278)262,283 Investments in related parties44,332 — (15,448)28,884 Assets of consolidated variable interest entitiesCash and cash equivalents— 583 — 583 Investments1,807 21,722 (105)23,424 Other