#Latest news with #HybridSolutionsFundBloomberg01-05-2025BusinessBloombergApollo Raises $5.4 Billion Fund for Secondhand Private EquityApollo Global Management Inc. raised about $5.4 billion for a vehicle that enables investors to cash out of private funds early, spurred by a sluggish dealmaking climate. The fundraising for Apollo's Hybrid Solutions Fund surpassed its target, according to a statement Thursday. It brings the total raised across the firm's Sponsor and Secondary Solutions platform — dubbed S3 — to almost $10 billion since it launched in 2022, it said.
Bloomberg01-05-2025BusinessBloombergApollo Raises $5.4 Billion Fund for Secondhand Private EquityApollo Global Management Inc. raised about $5.4 billion for a vehicle that enables investors to cash out of private funds early, spurred by a sluggish dealmaking climate. The fundraising for Apollo's Hybrid Solutions Fund surpassed its target, according to a statement Thursday. It brings the total raised across the firm's Sponsor and Secondary Solutions platform — dubbed S3 — to almost $10 billion since it launched in 2022, it said.