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  "documentTitle": "Apollo Global Management | Investor Presentation Deck | 30 slides",
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  "notes": "The slide uses a 2x2 grid layout to present financial performance metrics over time.",
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      "kind": "chart",
      "text": "Alts FRE as a Percentage of Segment Distributable Earnings (DE)",
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      "kind": "paragraph",
      "text": "FRE growth driven by 14% CAGR in management fees since IPO and continued cost control. Management fees have been resilient and continued to grow through various periods of market dislocation, supported by long-dated AUM and AUM in permanent capital vehicles.",
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      "text": "1 Please refer to the definition of Fee Related Earnings... 2 FRE margin represents FRE as a percentage of fee related revenues... 3 Peers represent publicly traded alternative asset managers... Source: Public filings.",
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