Apollo has launched two evergreen secondaries products — Apollo S3 Private Markets Fund and Apollo S3 Private Markets Lux (together with ASPM US) — to give global wealth investors access to diversified portfolios of multi-asset secondary investments across private markets.
ASPM US is available through a semi-liquid, perpetual 1940 Act tender offer fund and is part of Apollo’s suite of products accessible to accredited U.S. investors. ASPM Lux is part of the Apollo Private Markets SICAV umbrella, a Luxembourg-based platform offering a holistic set of Apollo’s alternative solutions to wealth investors in EMEA, Asia and Latin America. ASPM Lux is accessible in multiple currencies to address local investor needs.
ASPM offers a differentiated approach to secondaries through a flexible mandate to invest across the capital stack, execute a variety of transaction types, and aim to offer diversification across vintages and managers.
Apollo said these new offering
