Friday Letter: Don't cry for Apollo

To the extent that rounding up $1.5 billion can be called “disappointing”, Apollo Management now has tasted this more bitter fruit. The New York firm’s Guernsey partnership, AP Alternative Assets, has only been able to attract the number on the prospectus cover, according to sources close to the firm. Contrary to reports, the vehicle has not yet been listed on the Euronext Amsterdam exchange, and in fact this is part of the problem.  

To view this content, you need to sign in.

You should only be asked to sign in once. Not the case? Click here

Register now to access this content and more for free.

Share this