Sunday, 1 February 2015
Last updated 1 day ago
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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…