Apollo eyes 2025 flagship fund to boost AUM to $1.5tn

Apollo Global Management is planning the roll-out of a flagship fund likely to open next year to boost its overall assets under management to $1.5trn by 2029. According to Buyout Insider, this AUM boost will be driven by ‘dramatically’ scaling its private equity business. To date, Apollo’s private equity AUM totals $135bn and is expected …