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Apollo pushes into funds for wealthy investors
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fnlondon.comApollo Global Management said it will release a slate of funds designed for individual investors, making it the latest alternative-asset giant to set its sights on the fundraising potential of the so-called retail market.
The New York firm said on 5 May it expects to release one to two new investment products designed for individual investors each quarter for the next 18 to 24 months. That pace would mark a major expansion for Apollo’s retail business, which had four product offerings as of last year.
Apollo...
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