Apollo Global Management has raised more than $12bn for its latest flagship private equity fund, providing further evidence that leading alternative asset managers continue to attract institutional capital despite a challenging fundraising environment, according to a report by Bloomberg.
The firm’s 11th flagship buyout vehicle launched earlier this year and is targeting a total of $25bn, which would make it the largest private equity fund in Apollo’s history if it reaches its objective.
Speaking...
Continue Reading
Sign up for FREE to read the full article and access 150K+ alternative investment headlines.
Alternative Investment News