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Apollo Teams up With Local Partner to Invest up to €500m in Italian NPLs

Us Giant Selects Illimity as Partner to Target Soured Loans Backed by Real Estate in Italy
Getty Images
Getty Images

Apollo Global Management, one of the world’s largest alternative investment managers with $455bn of assets under management, and Italy’s illimity Bank have entered a joint venture to invest as much as €500m in non-performing loans backed by Italian real estate assets

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