Oregon: Apollo flagship fund could be largest of all time

Apollo Global Management, private equity, Nasdaq, Marketwired, journalism, public relations, merger, M&A
Leon Black, chairman and CEO of Apollo Global Management LLC, takes part in the Private Equity: Rebalancing Risk session during the 2014 Milken Institute Global Conference in Beverly Hills, California, on April 29, 2014. REUTERS/Kevork Djansezian - RTR3N514
  • Apollo yet to set hard cap on Fund IX
  • Previous fund closed on $18 bln
  • Co-founder: Apollo might use IX for aging credit assets
Apollo Global Management’s ninth flagship buyout fund is expected to be the largest private equity fund raised since the financial crisis and potentially the largest buyout fund of all time, a memo prepared by Oregon Investment Council staff shows. The firm ...

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