Deals
Apollo Is Targeting $1 Billion for U.S. Real Estate Fund
- Fundraising for new fund is expected to start in early 2019
- Investments will be in senior housing, hotels, retail
Photographer: David Paul Morris/Bloomberg
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Apollo Global Management LLC has started talking to investors about its third U.S. real estate fund, according to people familiar with the matter.
The firm is poised to formally begin raising at least $1 billion for the fund in January, said the people, who asked not to be identified because the details are private.