Apollo's Private-Equity Business Reports Weak Q2 Results, Realized Performance Fees Down 40% YoY to $130 Million
Apollo Global Management's private-equity division delivered weak results in the second quarter, reporting $130 million in realized performance fees for its principal investing segment. This figure represents a roughly 40% decrease from a year prior, as the firm cited "prudently delayed" monetization activity across certain flagship private equity and hybrid funds due to a challenging environment for exiting investments.
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