Apollo Global Management’s $1.75 Billion Fundraising

Paul, Weiss, Rifkind, Wharton & Garrison advised Apollo Global Management on the deal.

Apollo Global Management, Inc. completed the fundraising and final closing of its dislocated credit offering, Apollo Accord Fund III B. The fund closed with approximately $1.75 billion in commitments raised over approximately eight weeks; it is the latest investment vehicle in its flagship Accord series, launched in 2017.

Founded in 1990, Apollo Global Management is one of the largest alternative asset managers serving many of the world’s most prominent investors.

The Paul, Weiss team advising Apollo included corporate partners Matthew Goldstein (Picture) and Marco Masotti and counsel Philip Heimowitz; and tax partner Brian Grieve.

Involved fees earner: Matthew Goldstein – Paul Weiss Rifkind Wharton & Garrison; Brian Grieve – Paul Weiss Rifkind Wharton & Garrison; Philip Heimowitz – Paul Weiss Rifkind Wharton & Garrison; Marco Masotti – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: Apollo Global Management;

Author: Ambrogio Visconti