Apollo Holds Final Closing of Hybrid Value Fund

Paul, Weiss represented Apollo Global Management, LLC in connection with the closing of Apollo Hybrid Value Fund (HVF). HVF seeks to combine credit and equity, focusing on capital solutions, structured equity and non-control stressed and distressed investments. HVF ultimately accepted commitments of approximately $3.25 billion, exceeding its target size of $3 billion.

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