Apollo Closes Buyout Fund Near $15 Billion Target

Posted on 01/23/2009


Dow Jones reports that, “The latest fund was at $12.5 billion in April with the majority of that amount collected in 2007. The vehicle raised $3 billion between the end of 2007 and April. That meant that Apollo was also somewhat sheltered from the market tumult following the Lehman Brothers Holdings’s bankruptcy in September, which […]