Apollo Closes on $1.75 Billion in Commitments for Dislocated Credit Fund

As publicly announced, Paul, Weiss advised Apollo Global Management, Inc. in the fundraising and final closing of its dislocated credit offering, Apollo Accord Fund III B. The fund closed with approximately $1.75 billion in commitments raised over approximately eight weeks; it is the latest investment vehicle in its flagship Accord series, launched in 2017.

The Paul, Weiss team included corporate partners Matthew Goldstein and Marco Masotti and counsel Philip Heimowitz; and tax partner Brian Grieve.