Blackstone Partners with OneDigital to Introduce Private Equity into 401(k) Plans
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 20 2026
0mins
Source: seekingalpha
- Partnership Formation: Blackstone (BX), Apollo Management (APO), and Ares Management (ARES) are collaborating with employer adviser OneDigital to integrate private equity and private credit into adviser-managed portfolios, addressing increasing competition in the sector.
- Market Access: This initiative aims to provide access to private market investments for U.S. 401(k) accounts and other defined-benefit retirement plans, highlighting the urgent demand for market entry among alternative investment firms.
- Investment Potential: Raj Dhanda, Ares' global head of wealth management, emphasized that retirement plan participants should have access to private market asset classes, which can drive growth, generate income, and offer long-term stability.
- Investment Process: The private investments will be included in OneDigital's Personalized Portfolio program, with all allocations subject to due diligence, liquidity guidelines, and fiduciary review to ensure investment safety and compliance.
Analyst Views on APO
Wall Street analysts forecast APO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for APO is 162.77 USD with a low forecast of 136.00 USD and a high forecast of 186.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 131.720
Low
136.00
Averages
162.77
High
186.00
Current: 131.720
Low
136.00
Averages
162.77
High
186.00
About APO
Apollo Global Management, Inc. is a global alternative asset manager and a retirement services provider. It operates through three segments: Asset Management, Retirement Services and Principal Investing. The Asset Management segment focuses on three investing strategies: yield, hybrid, and equity. These strategies reflect the range of investment capabilities across its platform based on relative risk and return. The Retirement Services business is conducted by Athene Holding Ltd (Athene), a financial services company that specializes in issuing, reinsuring, and acquiring retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. Athene product lines include annuities and funding agreements. The Principal Investing segment includes realized performance fee income, realized investment income from its balance sheet investments, and certain allocable expenses related to corporate functions supporting the entire company.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








