Keeping up with investor-friendly changes in the P-E world, Apollo Global Management (APO) will...

|About: Apollo Global Management... (APO)|By:, SA News Editor

Keeping up with investor-friendly changes in the P-E world, Apollo Global Management (APO) will give to investors in its latest fund 80% (up from 68%) of the fees it levies on portfolio companies, according to a marketing document seen by Bloomberg. The fees have been protested by clients as benefiting the P-E firm no matter investment performance.