Apollo Global Management closed Apollo Accord Fund IV with $2.3 billion in capital commitments, a spokeswoman for the alternative investment manager confirmed Tuesday.
The private debt fund purchases high-quality, secured cross-asset credit risk.
The previous fund in the series, Apollo Accord Fund III B, closed on $1.75 billion in commitments in May.
Investors in the current fund include the $235 billion Florida State Board of Administration, Tallahassee; and $2.7 billion Oklahoma Police Pension & Retirement System, Oklahoma City.
