Apollo Returns 18% for Retail Clients With Higher-Stakes PE Bets
Apollo Global Management Inc. reaped returns of 18.3% last year for individual investors by largely betting on single companies that private equity firms want to hold longer or can’t sell...
By Laura Benitez · Bloomberg
Apollo Global Management Inc. reaped returns of 18.3% last year for individual investors by largely betting on single companies that private equity firms want to hold longer or can’t sell — a strategy viewed by some investors as being relatively risky.