{"id":91415,"date":"2025-12-01T00:10:00","date_gmt":"2025-12-01T05:10:00","guid":{"rendered":"https:\/\/staging.hedgeco.net\/news\/?p=91415"},"modified":"2025-12-01T00:53:50","modified_gmt":"2025-12-01T05:53:50","slug":"apollo-rides-retirement-services-and-credit-deals-faces-scrutiny-on-market-power","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2025\/apollo-rides-retirement-services-and-credit-deals-faces-scrutiny-on-market-power.html","title":{"rendered":"Apollo Rides Retirement Services and Credit Deals, Faces Scrutiny on Market Power"},"content":{"rendered":"\n
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(HedgeCo.Net) Apollo Global Management is leaning into its dual identity as both an\u00a0alternative investment powerhouse and a retirement solutions platform<\/strong>\u2014even as it confronts fresh scrutiny over its role in credit markets.<\/p>\n\n\n\n

In early November, Apollo reported third-quarter 2025 results<\/strong> that highlighted steady fee growth and robust earnings. The firm declared a $0.51 per-share dividend for Q3, supported by management and performance fees from its private equity, credit and real-assets franchises.Apollo<\/a> Apollo\u2019s investor-relations schedule underscores the importance of its retirement services business<\/strong>, with a dedicated 2025 update emphasizing the scale of insurance and annuity capital now managed by the firm.Apollo Global Management, Inc.<\/a><\/p>\n\n\n\n

Apollo\u2019s strategy hinges on pairing permanent capital from insurance balance sheets<\/strong> with its origination and private credit platforms. That approach has enabled the firm to finance large, long-duration assets, from corporate lending to infrastructure. A recent example: Apollo agreed to provide about \u20ac3.2 billion in funding<\/strong> as part of a joint venture with German utility RWE to hold a 25.1% stake in Amprion, one of Germany\u2019s major power grid operators\u2014capital that will support upgrades crucial to the energy transition.Reuters<\/a><\/p>\n\n\n\n

The firm is also active on the thought-leadership front. Through Apollo Academy<\/strong> and \u201cThe Daily Spark\u201d notes from chief economist Torsten Slok, Apollo has been publishing daily insights on topics ranging from global trade realignment to capital-goods flows between Europe and China, reinforcing its brand as a macro-aware investor.Apollo Academy<\/a><\/p>\n\n\n\n

Yet Apollo\u2019s growing scale in credit has also attracted legal and regulatory attention. In late November, an antitrust lawsuit filed by Optimum Communications (formerly Altice USA) accused a group of large asset managers\u2014including Apollo, Ares, BlackRock, PGIM and others\u2014of forming an \u201cillegal cartel\u201d in the U.S. credit market<\/strong>, allegedly coordinating to restrict the company\u2019s access to financing and debt repurchases.Wall Street Journal<\/a> The defendants have not yet publicly detailed their responses, but the case taps into broader concerns about concentration in private credit and the bargaining power of large lender groups.<\/p>\n\n\n\n

From a strategic lens, Apollo is betting that its model\u2014retirement services plus alternatives\u2014will benefit from policy changes that channel more savings toward private markets<\/strong>, including the recent executive order enabling more alternative assets in 401(k) plans.New York Post<\/a> As more insurers and plan sponsors seek higher-yielding assets, Apollo\u2019s origination and structuring capabilities could become even more central.<\/p>\n\n\n\n

For investors and policymakers, the Apollo story illustrates the trade-offs of scale in alternatives. On one hand, large managers can mobilize billions for infrastructure, energy transition and corporate finance at a time when banks are retrenching. On the other, their influence raises questions about competition, transparency and systemic risk\u2014questions that 2025\u2019s lawsuits and regulatory debates are bringing into sharper focus.<\/p>\n\n\n\n

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(HedgeCo.Net) Apollo Global Management is leaning into its dual identity as both an\u00a0alternative investment powerhouse and a retirement solutions platform\u2014even as it confronts fresh scrutiny over its role in credit markets. In early November, Apollo reported third-quarter 2025 results that highlighted steady […]<\/p>\n","protected":false},"author":8,"featured_media":91398,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,16296,15],"tags":[16277],"class_list":["post-91415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-activist-funds","category-alternative-investments","category-private-equity","tag-private-equity"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/91415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=91415"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/91415\/revisions"}],"predecessor-version":[{"id":91416,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/91415\/revisions\/91416"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/91398"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=91415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=91415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=91415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}