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

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Maglan Capital: Some Lessons Learned From Puerto Rico

Jul 13 2017 | 8:00pm ET

Although Maglan Capital has not been invested in Puerto Rico for more than three...

 

From the current issue of