Apollo Global Management expects to commence fundraising efforts for Fund VIII soon, writes Reuters. Just under $1 billion has been raised so far for a natural resources fund, adds Reuters.
Reuters – Apollo Global Management LLC President Marc Spilker on a conference call with analysts: * Closed in September $200 million credit mandate by an insurance firm for a managed account * Expects to commence fundraising efforts for Fund VIII soon * Just under $1 billion raised so far for natural resources fundDON'T MISS IT! Now in its 10th year, PartnerConnect Midwest is bringing you 300 attendees, over 400 private ExecConnect meetings between LPs and GPs, and three insightful tracks including Buyouts Funds, Buyouts Deals and Co-Investments. REGISTER TODAY!