Deals
Apollo to Target $1 Billion for Aviation Fund
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Apollo Global Management LLC is seeking to raise as much as $1 billion for a new aircraft-finance fund.
The fund, expected to launch this year, would make various aviation investments and have a nine-year term, according to a person with knowledge of the matter, who asked not to be identified because the information isn’t public. Charles V. Zehren, a spokesman for New York-based Apollo, declined to comment.