Buyout firm Apollo Q4 earnings beat forecasts

Asset manager Apollo Global Management LLC said on Friday it is monitoring details of the expected U.S. tax reform after its fourth-quarter earnings beat forecasts, as sturdy financial markets buoyed its buyout investments. A steady stock market and a recovery in the energy sector have helped to lift the performance of private equity managers, who took a drubbing a year ago when oil prices slumped below $30 a barrel. "We need to know a lot more about what the tax reform is going to look like dow