Apollo Overseas Partners IX has held an initial close for the US $23.5 billion target fund.
Canadian pension funds, Ontario Teachers’ Pension Plan (OTPP), PSP Investments and British Columbia Investment Management Corporation (bcIMC) committed US $[mepr-active rule=”374″ ifallowed=”hide”]★ Read our research and get insight on this and other news. We offer monthly/yearly recurring or one-time subscriptions. ★[/mepr-active][mepr-active rule=”374″]1.475[/mepr-active] billion at first close.
Apollo Global Management, LLC (NYSE: APO) is a leading global alternative investment manager with offices in New York, Los Angeles, Houston, Chicago, St. Louis, Bethesda, Toronto, London, Frankfurt, Madrid, Luxembourg, Mumbai, Delhi, Singapore, Hong Kong and Shanghai. Apollo had assets under management of approximately US $197 billion as of March 31, 2017 in private equity, credit and real estate funds invested across a core group of nine industries.