Reuters – Apollo to Launch Fund VIII Soon


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 fund