Apollo Global Management Inc

APO: XNYS (USA)
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Apollo Earnings: Strong Fourth Quarter; Shares Rebound After Alternative-Asset Manager Rout

Apollo Global Management ended December with $709 billion in fee-earning assets, up 3.5% sequentially and 24.7% year over year. Fee-related earnings increased 24.5% year over year to $690 million in the fourth quarter, and adjusted net income increased 13.2% to $1.5 billion.

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