Reports Q1 revenue $5.06B vs. $5.55B last year, consensus $1.22B. Total AUM reached $1.03T. CEO Marc Rowan said, “Our Q1 results set a strong tone for the year, with record fee-related earnings and assets under management surpassing $1T – a testament to the trust our clients place in us and a reminder of the value we create at scale. Whether we’re originating investment grade credit, delivering retirement solutions, or developing new products and capabilities, innovation and discipline continue to drive us forward.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APO: