Apollo Global Management LLC
Apollo, whose investments include casino operator Caesars Entertainment Corp
ENI fell to $357 million in the fourth quarter from $926 million a year earlier. After-tax ENI per share was 80 cents, down from $2.52 a year ago.
Total realized gains from carried interest -- Apollo's share of the investment profits of its funds -- were up 238 percent to $278 million for the quarter.
A fourth-quarter distribution of 46 cents per Class A share brought Apollo's 2011 dividend to $1.12.
Assets under management were $75 billion at the end of 2011, 15 percent up year-on-year.
(Reporting by Greg Roumeliotis in New York; Editing by Gerald E. McCormick)