Sovereign wealth
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Qatar Wealth Fund Backs Apollo Commercial REIT in U.S. Expansion
Qatar’s sovereign wealth fund, which plans to invest $35 billion in the U.S. in the next five years, is backing a commercial real estate investment trust run by a subsidiary of Leon Black’s Apollo Global Management LLC. The Qatar Investment Authority bought 8.82 million common shares of Apollo Commercial Real…
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Click here to read the full story: Bloomberg Business