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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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink