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Recognized as one of the most active and highly regarded investment management practices in the United States, our group represents all types of asset managers across the liquidity spectrum, including private equity funds, credit funds, hedge funds, venture capital funds, real estate funds, hybrid funds and family offices. We have successfully raised hundreds of billions of dollars for our clients, who benefit from our extensive market knowledge, industry-leading networking events and strong relationships with all major market participants. 

Apollo Closes on $1.75 Billion in Commitments for Dislocated Credit Fund

As publicly announced, Paul, Weiss advised Apollo Global Management, Inc. in the fundraising and final closing of its dislocated credit offering, Apollo Accord Fund III B. The fund closed with approximately $1.75 billion in commitments raised over approximately eight weeks; it is the latest investment vehicle in its flagship Accord series, launched in 2017.

The Paul, Weiss team included corporate partners Matthew Goldstein and Marco Masotti and counsel Philip Heimowitz; and tax partner Brian Grieve

 

May 21, 2020

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