Hostplus, one of the largest superannuation funds in Australia, partnered on an Asia-Pacific credit strategy with Apollo Global Management, a global alternative asset manager and contributed a $500 million “anchor commitment” as part of the strategy’s $1.25 billion launch, according to a joint press release from Hostplus and Apollo.
The strategy brings Apollo’s global credit platform together with local expertise to capitalize on growing demand for private credit across Asia Pacific. It is designed to leverage Apollo’s credit expertise and differentiated asset origination to source high-quality opportunities . . .
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