Apollo Global Management, LLC (NYSE:APO) (together with its consolidated subsidiaries, “Apollo”) today reported results for the third quarter ended September 30, 2016.
“Apollo’s financial results for the third quarter were driven by solid investment performance across each of our businesses,” said Leon Black, Chairman and Chief Executive Officer. “In addition, we continued to leverage Apollo’s integrated global platform during the quarter to attract capital inflows of more than $7 billion and deploy or commit more than $5 billion, which we believe will deliver strong future returns for our investors.”
Apollo issued a full detailed presentation of its third quarter ended September 30, 2016 results, which can be viewed through the Investor Relations section of Apollo’s website at http://ir.agm.com.
Apollo has declared a third quarter ended September 30, 2016 cash distribution of $0.35 per Class A share. This distribution will be paid on November 30, 2016 to holders of record at the close of business on November 21, 2016. Apollo intends to distribute to its shareholders on a quarterly basis substantially all of its distributable earnings after taxes and related payables in excess of amounts determined by its manager to be necessary or appropriate to provide for the conduct of its business. However, Apollo cannot assure its shareholders that they will receive any distributions in the future.
Apollo will host a conference call on Friday, October 28, 2016 at 10:00 a.m. Eastern Time. During the call, members of Apollo’s senior management team will review Apollo’s financial results for the third quarter ended September 30, 2016. The conference call may be accessed by dialing (888) 868-4188 (U.S. domestic) or +1 (615) 800-6914 (international), and providing conference call ID 71926986 when prompted by the operator. The number should be dialed at least ten minutes prior to the start of the call. A simultaneous webcast of the conference call will be available to the public on a listen-only basis and can be accessed through the Investor Relations section of Apollo’s website athttp://ir.agm.com.
Following the call, a replay of the event may be accessed either telephonically or via audio webcast. A telephonic replay of the live broadcast will be available approximately two hours after the live broadcast by dialing
(800) 585-8367 (U.S. callers) or +1 (404) 537-3406 (non-U.S. callers), passcode 71926986. To access the audio webcast, please visit Events in the Investor Relations section of Apollo’s website at http://ir.agm.com.
Apollo is a leading global alternative investment manager with offices in New York, Los Angeles, Houston, Chicago, Bethesda, Toronto, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Singapore, Hong Kong and Shanghai. Apollo had assets under management of approximately $189 billion as of September 30, 2016 in private equity, credit and real estate funds invested across a core group of nine industries where Apollo has considerable knowledge and resources. For more information about Apollo, please visit www.agm.com.