Apollo Holds Final’s $3.25 Billion Hybrid Value Fund Fundraising

Paul, Weiss represented Apollo Global Management, LLC in connection with the closing of Apollo Hybrid Value Fund (HVF).

HVF seeks to combine credit and equity, focusing on capital solutions, structured equity and non-control stressed and distressed investments. HVF ultimately accepted commitments of approximately $3.25 billion, exceeding its target size of $3 billion.

The Paul, Weiss team included corporate partners Matthew Goldstein (Picture) and Marco Masotti and counsel David Levine; and tax partner Brian Grieve.

Involved fees earner: Matthew Goldstein – Paul Weiss Rifkind Wharton & Garrison; Brian Grieve – Paul Weiss Rifkind Wharton & Garrison; David Levine – 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