Company: APO
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001858681-25-000117
Chunk: 264

Company: Apollo Global Management, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 264
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)— — — Investment funds— — (1)— (1)— — — Other investments279 — — — 279 — — — Total Level 3 assets – Retirement Services$15,139 $49 $(317)$(5,074)$9,797 $46 $(718)$(672)Liabilities - Asset ManagementContingent consideration obligations$— $— $— $(1)$(1)$— $— $— Total Level 3 liabilities – Asset Management$— $— $— $(1)$(1)$— $— $— Liabilities – Retirement ServicesInterest sensitive contract liabilities – embedded derivative$— $(861)$— $219 $(642)$— $— $— Total Level 3 liabilities – Retirement Services$— $(861)$— $219 $(642)$— $— $— 1 Related to instruments held at end of period.

51

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

Three months ended June 30, 2024(In millions)PurchasesIssuancesSalesSettlementsNet purchases, issuances, sales and settlementsTransfers InTransfers OutNet Transfers In (Out)Assets – Asset ManagementInvestments and derivative assets$8 $— $— $— $8 $— $— $— Investments of consolidated VIEs788 — (1,292)— (504)— (70)(70)Total Level 3 assets – Asset Management$796 $— $(1,292)$— $(496)$— $(70)$(70)Assets – Retirement ServicesAFS securitiesForeign governments$— $— $— $(6)$(6)$— $— $— Corporate5,549 — (65)(21)5,463 89 (820)(731)ABS1,558 — (7)(202)1,349 205 (270)(65)RMBS— — — (5)(5)— (2)(2)Trading securities— — — (3)(3)— — — Equity securities— — — — —