This acquisition signifies Apollo's strategic intent to increase its exposure to the energy sector, capitalizing on the long-term shifts in global energy infrastructure. Oaktree's decision to retain a minority equity interest suggests confidence in OEG's growth potential under Apollo's management.

Investment in ARS for Guaranteed Income Solutions#

Apollo, along with Athene and Motive Ventures, is investing in ARS to capitalize on the increasing demand for guaranteed income solutions in the defined contribution market GlobeNewswire. ARS's Lifetime Income Builder technology integrates guaranteed income into target date funds, addressing a key market need. This investment reflects Apollo's strategic focus on expanding its presence in the retirement services sector, addressing the growing need for financial security among retirees.

The defined contribution market has seen significant growth in recent years, driven by the shift from traditional defined benefit plans to employee-sponsored retirement savings plans. Apollo's investment in ARS aims to address this challenge by providing innovative guaranteed income solutions. Athene Official Website

Launch of Lyra Client Solutions#

On March 6, 2025, Apollo and Motive Partners launched Lyra Client Solutions, a spin-out from Apollo's client services division Business Wire. Lyra aims to address the increasing demand for superior service in the expanding private markets sector amid cost and efficiency challenges. This venture reflects Apollo's commitment to enhancing client experience and leveraging technology to improve operational efficiency.

Lyra provides advanced client-servicing solutions using technology and operations for institutional and wealth clients. This includes leveraging data analytics, automation, and digital platforms to enhance client communication, reporting, and overall service delivery. By adopting a technology-driven approach, Lyra aims to differentiate Apollo's client servicing capabilities and provide a more seamless and personalized experience for its clients.

Divestiture of Notified#

West Technology Group, a subsidiary of Apollo Global Management, agreed to sell its Notified business to Equiniti for $534.5 million on March 17, 2025, including an $80 million earnout West Technology Group Official Website. This divestiture reflects Apollo's ongoing efforts to optimize its portfolio and focus on core business activities. The sale proceeds will be used according to West's credit facility agreements.

The sale of Notified is part of a broader strategy to streamline West Technology Group's operations and allocate capital to areas with higher growth potential. By divesting non-core assets, Apollo aims to improve the overall efficiency and profitability of its portfolio Equiniti Official Website.

Financial Health and Market Position#

Revenue and Net Income Analysis#

Apollo's financial performance shows a complex picture. While revenue decreased from $32.64 billion in 2023 to $26.11 billion in 2024, representing a +20% decline, net income also decreased from $5.05 billion to $4.58 billion, a drop of +9.31%. This decrease in revenue and net income could raise concerns about the company's ability to maintain its growth trajectory. However, the company's historical revenue 3-year CAGR is at +63.72% which provides a slightly different perspective.