On August 17, Apollo Global Management LLC fell 3.1% in regular trading, trading at $136.39/share, with turnover of $59.82 million.

On the news front, the company's Apollo Debt Solutions BDC recently disclosed a tender offer to repurchase up to 29.4 million shares at net asset value, representing approximately 5% of the fund's outstanding shares. SEC filings revealed that as of the May 15 tender expiration, approximately 101.5 million shares were validly tendered and not withdrawn — far exceeding the repurchase cap — underscoring significant redemption pressure in non-traded private credit funds. The company's president previously noted that current redemption demand is half the level seen in the prior tender offer, though the scale of unmet requests remains substantial.

Additionally, the company reported Q2 adjusted earnings per share of $2.11, missing analyst consensus estimates of $2.16 to $2.17. Revenue of $11.15 billion surged 63.7% year-over-year, beating expectations of $5.69 billion, though the earnings shortfall weighed on sentiment.

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