Search results
$23.5 billion
- Apollo Global Management LLC, the private-equity firm founded by billionaire investor Leon Black, has raised $23.5 billion for the world’s largest ever buyout fund.
People also ask
How much did Apollo's Fund IX raise in 2016?
How much money did Apollo raise for fund X?
How much money has Apollo invested?
Why did Apollo Global raise $13bn?
Aug 4, 2022 · Apollo Global has raised $13bn for its first flagship buyout fund since co-founder Leon Black left the private equity group last year over his long association with convicted sex offender Jeffrey...
Jul 27, 2017 · Apollo Global Management LLC <APO.N> has raised the largest ever private equity fund, a regulatory filing showed, amassing $24.6 billion to be invested in North America and Western...
Apollo Global Management LLC, the private-equity firm founded by billionaire investor Leon Black, has raised $23.5 billion for the world’s largest ever buyout fund. Two people familiar with the matter said Apollo had hit its $23.5 billion target and was set to hold a final close “imminently.”.
The $24.7 billion Fund IX played a major role in the growth of the firm’s assets under management, up 30 percent year-on-year to nearly $250 billion, according to Apollo’s end of year results. Its private equity assets under management hit $72 billion, up from $44 billion at the end of 2016.
May 9, 2023 · Apollo Global Management Inc. expects commitments for its 10th flagship private equity fund to reach the “low $20 billion range,” falling short of the buyout giant’s earlier $25 billion target.
- Allison Mcneely
Aug 4, 2021 · Apollo raised $24.7 billion for Fund IX in 2017, the second-largest PE fund ever raised, according to PEI data. Fund IX generated a 49 percent gross internal rate of return, a 28 percent net IRR and a gross MOIC of 1.5x as of end-June, according to earnings materials.
Jan 9, 2014 · Apollo Global Management LLC said on Thursday it had completed fundraising for its latest flagship global private equity fund, amassing $17.5 billion from investors, the most any such fund has...