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Apollo to Launch Private Fund in Asset-Based Financing Buildout, Bloomberg

Date: Jul 20, 2023 @ 08:00 AM
Filed Under: Industry News

Bloomberg reported Apollo Global Management is launching its first-ever fund dedicated to asset-based financing, laying the groundwork for what the firm is telling investors could be the largest vehicle of its kind in the market.

According to the Bloomberg report, a person familiar with the matter said the new fund marks a move to expand its platform for asset-based financing by tapping external investors directly.

Read the Bloomberg report here (subscription required).

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