From what I understand, Apollo have very strong connections/clients who are responsible for very large institutional mandates.
Modern portfolio theory today will have you place 10% of your portfolio in the asset class of 'Alternative Assets'.
Apollo did not have an offering in this space. Now it can financially benefit from its holding in just such a solution....as will all the shareholders of HFA.
This marriage has been a long time in the making. I believe we will see a number of interesting deals in quick succession take the FUM to a very large number.
Kiril.
I hold.
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Last
$1.83 |
Change
0.100(5.78%) |
Mkt cap ! $896.8M | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.85 | $1.74 | $458.0K | 251.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8964 | $1.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.84 | 5991 | 1 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| NGI (ASX) Chart |