Apollo planning to launch $5 billion sports investment vehicle, FT reports

Reuters

09/02

Sept 2 (Reuters) - New York-based Apollo Global Management APO.N is planning to launch a $5 billion sports investment vehicle as it looks to deepen its exposure to a sector that is attracting a growing amount of funding from the world's largest private capital groups, the Financial Times reported on Tuesday.

(Reporting by Angela Christy in Bengaluru; Editing by Nivedita Bhattacharjee)

((AngelaChristy.M@thomsonreuters.com;))

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