Apollo Management Will Raise Its Latest Fund With $14.8 Billion

Apollo Management finished raising its latest fund at the end of last year with a sum of $14.8 billion, close to its $15 billion target, according to Reuters. The Fund VII is reportedly around 20 25% invested. In December, Apollo

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Apollo Management finished raising its latest fund at the end of last year with a sum of $14.8 billion, close to its $15 billion target, according to Reuters.

The Fund VII is reportedly around 20-25% invested.

In December, Apollo portfolio company Hexion Specialty Chemicals terminated its merger agreement with Huntsman Specialty Chemicals at a cost of $1 billion.

D.C.

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