US - Alternatives manager Apollo Global Management announced it received US$750m from a US public pension fund to create a separately managed account (SMA), and said it expects institutional interest in SMAs to continue to grow.
In a filing with the Securities and Exchange Commission this week, Apollo said the separately managed account, the Apollo Palmetto Strategic Partnership, had a total of $759m in assets as of Septem...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
