Apollo backs retail vehicle with focus on Spain and Italy

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By Jasper Cox
28 Aug 2019

Alteri Investors, backed by Apollo Global Management, is launching a second investment vehicle focused on the European retail sector, as it sees opportunities to invest in that troubled industry.

Alteri, based in London, is establishing Alteri II, backed by funding from accounts managed by affiliates of Apollo, the global alternative investment giant.

Compared with the first vehicle, Apollo is doubling the amount of capital it is putting in. Alteri II may also be able to access more ...

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