{
  "docId": "019de075-73cf-7122-92d7-52c879a61cdb",
  "docSlug": "d1aca9a56366dacda0875bef0f6a8901",
  "documentTitle": "Apollo Global Management | Results Presentation Deck | 41 slides",
  "authorId": "apollo-global-management",
  "authorName": "Apollo Global Management",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 11,
  "pageCount": 41,
  "prevPage": 10,
  "nextPage": 12,
  "slideType": "kpi_overview",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 100,
  "notes": "Includes footnotes regarding Equity management fees and non-compensation expenses.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de075-73cf-7122-92d7-52c879a61cdb/11",
  "deckHref": "/decks/019de075-73cf-7122-92d7-52c879a61cdb",
  "deckJsonHref": "/decks/019de075-73cf-7122-92d7-52c879a61cdb.json",
  "deckAnchorHref": "/decks/019de075-73cf-7122-92d7-52c879a61cdb#slide-11",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.05,
        "y": 0.9
      },
      "kind": "disclaimer",
      "text": "1. Equity management fees include Fund X catch-up management fees of $18.1 million and $21.4 million, respectively, for 2Q'23 and YTD'23. 2. Non-compensation expenses include placement fees of $3.6 million and $5.1 million, respectively, for 2Q'23 and YTD'23.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "48b908ee-1195-4006-8c1e-e6d5f0238711",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.9,
        "x": 0.05,
        "y": 0.15
      },
      "kind": "list",
      "text": "Management fees increased 19% year-over-year driven by strong third-party Asset Management fundraising, robust growth from Retirement Services clients, and solid levels of capital deployment. Capital solutions fees remained strong and stable quarter-over-quarter, reflecting the build out and integration of Apollo Capital Solutions with capital deployment and origination activity across the firm. Fee related expenses increased only modestly quarter-over-quarter, reflecting commitment to disciplined expense growth and helping drive more than 100 basis points of FRE margin expansion in the first half of 2023 versus the same period last year.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d36f13e2-6e8d-4c8b-ac6e-b16e70968f30",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.9,
        "x": 0.05,
        "y": 0.35
      },
      "kind": "table",
      "text": "Financial table showing Management Fees, Fee Related Revenues, Fee Related Earnings, FRE Per Share, FRE Margin, and FRE Compensation Ratio across 2Q'22, 1Q'23, 2Q'23, YTD'22, and YTD'23.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "16654a41-ea43-4078-ac6d-08fd9ef5ffe5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.35,
        "x": 0.05,
        "y": 0.07
      },
      "kind": "title",
      "text": "Asset Management Segment",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "08ca1cc9-2144-41e1-83f4-3882b79551cf",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Table data",
      "slug": "table-data",
      "agent": null,
      "layer": "slide",
      "matchId": "eeca7548-04f5-4386-95a6-1c2fb8dcf38f",
      "evidence": "Financial table showing Management Fees, Fee Related Revenues, Fee Related Earnings, FRE Per Share, FRE Margin, and FRE Compensation Ratio across 2Q'22, 1Q'23, 2Q'23, YTD'22, and YTD'23.",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 11,
      "from": 11,
      "beatId": "a06a2d80-b1d0-497f-830e-f42cc51325e1",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Market Size",
      "beatSlug": "sequoia-pitch-market-size",
      "evidence": "The presentation provides an overview of asset management segment and assets under management",
      "position": 2,
      "confidence": 0.7,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 41,
      "from": 5,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "6fd02790-d51c-4f7d-a8ed-fc6bb6bb0d22",
      "evidence": "The presentation emphasizes the company's growth and financial achievements",
      "position": 0,
      "objective": "Highlighting the importance of Apollo's services by showcasing growth and financial performance",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    },
    {
      "to": 20,
      "from": 11,
      "name": "Pareto Focus",
      "slug": "50-pareto-focus",
      "bestFor": "Resource allocation, problem prioritization, efficiency improvements",
      "matchId": "649bf098-3343-4e46-89b4-2e4cf6af46ce",
      "evidence": "The presentation provides detailed information on asset management and retirement services",
      "position": 1,
      "objective": "Focusing on key segments and their performance",
      "structure": "The Full Distribution -> The Vital Few (20%) -> The Trivial Many (80%) -> Focus Recommendation",
      "confidence": 0.6,
      "description": "Show that 80% of results come from 20% of causes to drive prioritization"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}