Can I read CalPERS-Apollo Strategic Agreement on EtoBox?

CalPERS-Apollo Strategic Agreement by MCW0 is a document available to read on EtoBox.

What is CalPERS-Apollo Strategic Agreement about?

This letter memorializes a new strategic relationship agreement between Apollo Global Management and CalPERS aimed at aligning their interests. Under the agreement, Apollo agreed to reduce management fees on funds solely for CalPERS by $125 million over 5 years. Apollo also agreed not to use placement agents for future CalPERS capital commitments and to provide quarterly certifications of this. The letter acknowledges Apollo

Author

MCW0

Language

EN