Apollo to launch European mezzanine

US private equity firm Apollo Management is planning to launch a new fund that will invest in leveraged buyout loans.

The fund is being launched as Apollo is looking to increase its investments overseas, founding partner Leon Black said during the Dow Jones Private Equity conference this week.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions