Economic TimesLean R·
Apollo Global debt deal fees and insurance earnings rise, asset sales drag
Apollo Global Management has posted unprecedented fees from its lending and insurance sectors, though asset sales fell short, resulting in a stock price decline. The company wisely postponed certain divestitures in response to market conditions, while notching up quarterly records in both fee-related and spread earnings. With an upcoming focus on enhancing transparency and liquidity for its private assets, Apollo is adapting to market demands.
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