APO Reports Preliminary Q3 2026 Alternative Net Investment Income of $375M, 10% Annualized Return

· The NYC Memo

Apollo Global Management, Inc. (APO) reported preliminary estimates for alternative net investment income for the third quarter ended September 30, 2026. The Company estimated approximately $375 million (pre-tax) in alternative net investment income, representing an estimated 10% annualized return on alternative net investments for the quarter.

Athene's investment in a pooled vehicle had an estimated 9% annualized return, while other alternative investments yielded an estimated 11% annualized return.

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