Apollo earmarks $20 billion for dislocation fundraising over 12 months

By Michelle D'Souza

Apollo's returns for corporate credit, structured credit and direct origination in the first quarter were down 8.3%, 14.7% and 4.8%, respectively, but the firm is looking to launch various credit strategies, including capital solutions, dislocation strategies and distressed strategies, that it “expects to accumulate $20 billion over the next year”

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TAGS: Direct lending Europe CLO Apollo Distressed debt Leveraged loans Fundraising Performance North America