By Karlee Weinmann ( October 7, 2013, 2:22 PM EDT) -- Private equity giant Apollo Global Management LLC could seek approval to raise the limit on its next fund to accommodate interest from investors who could sink at least $20 billion into the effort, according to a Monday report from Bloomberg. Such a move would prime the fund to be the largest since Blackstone Group LP raised $21.7 billion in 2007, the biggest ever. As it stands, the latest Apollo vehicle has a $15 billion limit. Investors would have to sign off on the increase. The New York firm's last fund, closed in 2008, brought in $14.7 billion....
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