Apollo Global Management, Inc. reported preliminary estimates for its alternative net investment income of approximately $205 million (pre-tax) for Q1 2026, representing an estimated 6% annualized return, with Athene's pooled vehicle delivering a 7% return.
Key takeaways
Preliminary alternative net investment income estimated at $205 million pre-tax for Q1 2026, equating to a 6% annualized return.
Athene's pooled investment vehicle, holding most of its alternative portfolio, delivered an estimated 7% annualized return for the quarter.
The quarter's investment income reflects a lower contribution from origination platforms, including ATLAS SP Partners.
Athene's other alternative investments, including retirement services platforms, delivered an estimated 3% annualized return for the quarter.
The preliminary results are unaudited and subject to change, with final results scheduled for release on May 6, 2026.