Apollo downplays Linens ‘n Things loss
A letter sent to Apollo limited partners explains the fund’s IRR will drop only minimally if an investment in the now-bankrupt housewares giant is marked down to zero.
4 January 2013•2 mins read
A letter sent to Apollo limited partners explains the fund’s IRR will drop only minimally if an investment in the now-bankrupt housewares giant is marked down to zero.
