Elvinger Hoss Prussen advised Apollo as to matters of Luxembourg law in connection with the establishment of Apollo Accord+ Fund, SCSp, the Luxembourg parallel fund of Apollo Accord+ Fund ("Accord+"), its commingled multi-asset opportunistic credit fund. Accord+ closed with $2.4 billion in capital commitments. The new capital commitments brought total fundraising for the overarching Accord strategy to approximately $11 billion since inception. Our advice included fund structuring and establishment, closing matters and financing in relation to the Luxembourg parallel fund.
The Elvinger Hoss Prussen team, under the lead of partner Jeffrey Kolbet (Funds) and partner Karl Pardaens (Financing), included Florian Grycza (Funds), and Ozan Imrek (Financing).
