Performance

We examine the investment giant's private equity funds – the first in a special series looking at quarter-on-quarter performance amid the downturn.

Apollo’s private equity portfolio depreciated by 21.6%, with several vehicles across the platform facing clawbacks.

The firm received net inflows of $27bn, including almost $5bn in the last two weeks of March for its latest core private equity fund, according to its earnings announcement Thursday.

The firm held the final close on Carlyle Japan Partners IV last week on around $2.4bn, more than double its 2013-vintage predecessor.

Two European LPs have already defaulted on capital calls, and more are rumoured, as LPs get hit with a one-two punch of large, often early capital calls and drying up distributions.

Although public market volatility doesn't have to weigh heavily on companies' December NAVs, GPs ignore it at their peril.

CFOs are largely planning on leaving their 31/12 marks untouched; Duff & Phelps warns now is not the time to diverge from your established valuations practices.

LPs are encouraging managers to discuss coronavirus over the phone as formal reporting has been limited by the speed at which the pandemic is escalating.

Negative returns in credit, funds of funds and emerging markets dulled the $402bn institution’s PE performance last year, investment committee documents show.

The global epidemic has wiped at least $1.5trn off global stock markets in the past week.