22.05.2020 Apollo closes latest fund on $1.7bn as it expands distressed investing strategy
Bailey McCann, Opalesque New York:

Apollo Global Management has closed on approximately $1.75 billion in commitments for its dislocated credit offering, Apollo Accord Fund III B. Commitments for the fund were raised over approximately 8 weeks, driven by institutional demand for strategies that invest amid the volatility and market conditions seen in the first quarter of 2020.

Apollo's A

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