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Apollo Closes on $8.5 Billion for Accord+ Strategy, including $4.8 Billion for Second Vintage Fund
APOApollo Management(APO) GlobeNewswire·2025-05-01 13:00

Brings Total Assets Raised Across Hybrid and Opportunistic Credit Business to 40BillionNEWYORK,May01,2025(GLOBENEWSWIRE)−−Apollo(NYSE:APO)todayannouncedithasclosedon40 BillionNEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced it has closed on 8.5 billion in total commitments for the Accord+ strategy, inclusive of 4.8billionforAccord+FundII(“theFund”)aswellasseparatelymanagedaccountsandrelatedstructures.ThesuccessfulcloseofthesecondvintageexceedsinternaltargetsandbringstotalassetsforApollo’shybridcreditbusinesstoapproximately4.8 billion for Accord+ Fund II (“the Fund”) as well as separately managed accounts and related structures. The successful close of the second vintage exceeds internal targets and brings total assets for Apollo’s hybrid credit business to approximately ...