Apollo Fundraising For Metals, Mining, Energy Vehicle

Jul 26 2011 | 1:49pm ET

Apollo Global Management is planning a natural resources fund, its second foray into the metals and mining space.

The New York-based firm, which manages $27 billion, hopes to raise $1.5 billion for the new fund, which will also invest in energy assets. The move comes less than a year after the firm closed in Metals Trading hedge fund.

According to Bloomberg News, Apollo is talking up its success running several metals and oil companies in its fundraising pitch.


In Depth

Change In 'Accredited Investor' Definition Could Hurt Crowdfunding Space

Jul 25 2014 | 8:14am ET

The Securities and Exchange Commission is considering changes to its 30-year-old...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note