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Apollo Global Management's (APO) CEO Leon Black on Q4 2015 Results - Earnings Call Transcript

Operator

Welcome to Apollo Global Management Fourth Quarter and FY '15 Earnings Conference Call. [Operator Instructions]. I would now like to turn the call over to Gary Stein, Head of Corporate Communications.

Gary Stein

Thanks operator and welcome everyone. Joining me today from Apollo are Leon Black, Chairman and CEO, Josh Harris, Co-Founder and Senior Managing Director and Martin Kelly, CFO.

Earlier this morning, we reported non-GAAP, economic net income $0.08 per-share for the fourth quarter and $0.96 per-share for the full year-end of December 31, 2015. Apollo also reported distributable earnings to common and equivalent holders of $0.31 per-share for the fourth quarter and $1.50 for the full-year. We declared a cash distribution of $0.28 per-share for the fourth quarter, bringing the total for the full-year to $1.38

Before I hand the call over to Leon I would like to remind you that today's conference call may include forward-looking statements and projections and we ask that you refer to the most recent FCC filing for factors that can cause actual results to differ materially from these statements and projections, as well as rick factors relating to our business. We don't undertake to update our forward-looking...


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