Apollo Global Management, Inc. is one of the world’s largest alternative asset managers, overseeing $938.4 billion in total assets under management at the end of 2025, including $709.1 billion in fee-earning AUM. The firm operates through two main business segments: asset management and retirement services. Apollo has significant scale across its key product categories, including private equity with $128.4 billion in total AUM and $75.0 billion in fee-earning AUM, real estate and real assets with $60.8 billion and $27.6 billion, and credit with $749.2 billion and $606.5 billion, respectively. Its investor base is broadly in line with industry norms, with 84% of assets coming from institutional investors and 16% from high-net-worth clients.