Apollo earnings rocket upward in 4Q
February 06, 2017
Apollo’s private equity portfolio deployed $1.4 billion, realized $609 million and appreciated 5.9% during 4Q, the latter figure resulting in a 13.5% uptick for fiscal year 2016. For comparison, a few days prior, Blackstone announced a 4.5% appreciation for its PE portfolio during 4Q. As of quarter-end, Apollo has deployed 67% of its massive Fund VIII, which closed on $18.4 billion in 2013.
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