Apollo Is Moving Fast On European DebtVW Staff
Apollo Global Management LLC (NYSE:APO) is continuing its crusade into the world of distressed European assets as the company seeks to make a return from the continent's struggling financial system with its Apollo European Principle Finance Fund II.
The fund is set to concentrate on non-performing loans held in Europe, something the hedge fund believes are to be in ready supply in the coming years. Apollo estimates the existence of around $1 trillion worth of these assets currently available.
The fund is a . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible