Apollo Earnings Boost Financials, TPG War Chest Despite Slightly Lower Shares
ByAinvest
Tuesday, Nov 4, 2025 7:12 pm ET1min read
TPG--
Banks and financial institutions' shares rose following strong earnings from Apollo Global Management, which benefited from inflows and a boom in private and public markets. TPG shares fell slightly despite the rival's large war chest due to strong demand for private credit and leveraged-buyout funds.
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