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Apollo Global Management Inc. is enhancing its hybrid strategies that blend credit and private equity, aiming to attract investors amid diminished private equity returns. The firm is preparing to launch its third Hybrid Value fund with a $6 billion target, while its alternative fund for wealthy individuals is set to reach $20 billion. These hybrid models offer appealing yields and protections, and are gaining traction as many startups remain private longer, with Apollo predicting significant growth in this sector.
Source: YAHOO