Apollo mega-fund includes giant margin for error
NEW YORK (Reuters Breakingviews) - Private equity's cup runneth over. Apollo Global Management just accumulated the largest single pool of capital earmarked for buyouts, at $23.5 billion. The haul adds to a growing stockpile of dry powder that could make outsized returns harder to come by. With yields so low across most markets, however, it should be easier to make fund investors happy.