Apollo Closes 1st European CLO With €325M
The new CLO will be called ALME Loan Funding 2013-1, Apollo said. The European loan vehicle will invest primary in corporate leveraged loans, Apollo said.
Additional details of the CLO pricing were not available. An Apollo spokeswoman declined to comment Friday.
Apollo, which has more than $113 billion in total assets under management, is the largest CLO manager in the...
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