Fiduciaries are betting billions on stable returns

Category: Asia, Global, U.S.A.
By Paul Mackintosh – Monday, August 28, 2017

Back to the big numbers again, because there’s one that really shouldn’t pass unremarked: US$24.6 billion. That’s how much Apollo Global Management LLC raised for its Apollo Investment Fund IX, now on the record books – for the present, at least – as the largest private equity (PE) fund ever

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