Apollo’s withdrawal requests fell, and its reported revenue more than doubled from a year earlier. But withdrawals continued, and its AI financing faces concerns about delayed data center projects, leaving no clear change to its outlook.
Fewer investors asked to withdraw money from Apollo’s flagship fund, and its reported revenue rose sharply. Those signs are balanced by continued withdrawal requests and Apollo’s large AI financing as data center projects face delays. The story does not show which side is likely to matter more for Apollo.
Blue Owl’s revenue rose, and withdrawal requests declined in the second quarter. But its financing for AI data center projects faces concerns about delays, leaving no clear change to its outlook.
Blackstone’s revenue and net income rose from a year earlier. It also plans major data center investments as projects face delays, leaving the story without a clear change to its outlook.
Oracle issued a force majeure on Blue Owl’s Project Jupiter. The story gives no effect on Oracle’s own sales or costs, so it does not change the company’s outlook.
KKR is named among private credit companies whose shares retreated, but the story gives no KKR-specific change to its business. It does not change the company’s outlook.
Follow Apollo Global (APO) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for APO