Apollo focuses on European credit

The alternatives manager, which has just raised $1.6bn for a second European fund, has said that debt opportunities in Europe could offer better returns than private equity

Apollo Global Management, one of the world’s biggest debt and private equity fund managers, has said that debt investments in Europe could offer better investment opportunities than buyouts.

The statement came as the firm announced it had raised $1.6bn for its second European non-performing loans fund in the last three months.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump