Apollo launches two Asia real estate funds
Apollo Global Management has launched two funds that will invest in commercial real estate in Asia, seeking up to $750 million in capital. It comes barely three months after the private equity firm disclosed that it has raised about $255 million for an Asia-focused credit fund and an offshore affiliate.
According to filings with the US Securities and Exchange Commission (SEC), the AGRE Asia Pacific Real Estate Fund has a target of $600 million. Another vehicle, launched in partnership with Bank of East...
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