Elvinger Hoss Prussen advised Apollo as to matters of Luxembourg law in connection with the establishment and fundraising of Apollo Accord+ Fund (Lux), SCSp and Apollo Accord+ II Fund (Lux), SCSp, the Luxembourg parallel funds of Apollo Accord+ Offshore Fund, L.P. and Apollo Accord+ II Offshore Fund, L.P. respectively (together the “Accord+ Strategy”). The Accord+ Strategy closed with approximately $8.5 billion in total commitments including $4.8 billion in commitments for its Accord+ Fund II. The successful close of the second vintage exceeds internal targets and brings total assets for Apollo’s hybrid credit business to approximately $40 billion. Our advice included fund structuring and establishment, closing matters, financing and general corporate work in relation to the Luxembourg parallel fund.
The Elvinger Hoss Prussen fund team, under the lead of partner Jeffrey Kolbet, included Christophe Bricage, Adeline Amorin Da Cunha, Florian Grycza, Federico Ciarrocchi, Sophie Rasqui, Valeria Lopez Saez and Mélina Zilliox and the financing team, under the lead of partner Karl Pardaens, included Nicolas Moumaneix and Lada Bevz.
