Tiger Global Built Large Stake in Apollo This Year, FT Reports
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Tiger Global has built a large stake in Apollo Global Management Inc. this year as part of a push into investments outside of technology, the Financial Times reported.
The hedge fund firm also selectively added holdings in aerospace and healthcare, the FT said, citing a mid-year letter to investors. Though Tiger didn’t indicate what size stake it holds in the private equity giant, its inclusion in the letter is a sign that it’s big, the newspaper said.