Blackstone vs Apollo Global Management

A side-by-side comparison of Blackstone and Apollo Global Management across firm type, scale, strategy, and geography.

Scale comparison

Blackstone$1.3T

Apollo Global Management$750B

Insight

Blackstone manages roughly 1.7× the assets of the other firm.

Asset-class exposure

Private Equity

Private Credit

Real Estate

Left bar: BlackstoneRight bar: Apollo Global Management

Insight

Both firms are active in 3 shared asset classes out of 3 tracked between them.

Key observations

• Blackstone is the largest by AUM at $1.3T — 1.73× Apollo Global Management ($750B).
• Blackstone is the most established (founded 1985), 5 years before Apollo Global Management (1990).
• Blackstone has the broadest mandate — active across 5 asset classes vs 3 for Apollo Global Management.
• All 2 firms invest in Private Equity, Private Credit, Real Estate.
• Blackstone is the only one here in Hedge Funds & Infrastructure.
• All 2 are headquartered in United States.
• Blackstone's network is more connected (60/100 vs 41/100), indicating broader relationship diversity.
• Overall similarity is 32%, driven by 3 shared asset classes, 33% geo overlap, same AUM band.

32%Similarity score3 shared asset classes · 33% geo overlap · same AUM band · same country

	Blackstone	Apollo Global Management
Basics
Firm type	Asset Manager	Asset Manager
Country	United States	United States
Founded	1985	1990
Firm age	41 yrs	36 yrs
Roles	Gp	Gp
Scale & AUM
AUM	$1.3T	$750B
Market position	Mega ($500B+)	Mega ($500B+)
AUM ratio	1.7× larger
Strategy & Focus
Investment style	Multi-asset	Multi-asset
Diversification	Broad	Diversified
Asset classes	private equity, private credit, real estate, hedge funds, infrastructure	private equity, private credit, real estate
Shared asset classes	3: private equity, private credit, real estate
Geography
Geographic bias	North America	North America
Regions	North America, Europe, Asia, India	North America, Europe, Asia, India
Shared geographies	North America, Europe, Asia
Fund Portfolio
Published funds	5	0
Largest fund	Blackstone Capital Partners IX (BCP IX)	—
Vintage range	2023–2026	—
Fund statuses	Fundraising (4), Closed (1)	—
Team
Total contacts	16	10
Team-to-AUM ratio	0.0 per $B	0.0 per $B
Network & Relationships
Connectivity	60/100	41/100
Network strength	48/100	13/100
Relationships	22	6
Relationship density	High	Moderate
Network maturity	Emerging	Emerging
Similarity
Overall similarity	32%
Asset class overlap	60%
Geography overlap	33%

Frequently asked

What is the difference between Blackstone and Apollo Global Management?

Blackstone is a asset manager based in United States, while Apollo Global Management is a asset manager based in United States. This page compares their firm type, assets under management, strategies, and geographic focus.

Which is larger, Blackstone or Apollo Global Management?

By reported AUM, Blackstone is larger ($1.3T vs $750B).

Blackstone profile →Apollo Global Management profile →

Explore more

All firms Build a custom comparison More Asset Manager firms Firms in United States Market intelligence Latest news