Apollo Aviation Group raises $833 million for SASOF III

Apollo Aviation Group has raised $833 million for SASOF III, its third aviation fund. The amount raised is well in excess of SASOF III’s $750 million target. SASOF III, an institutionally-focused commingled private equity fund, follows on from SASOF and SASOF II where Apollo Aviation raised $213 million and $593 million, respectively in 2010 and 2013. SASOF III’s investors include a broad group of sophisticated governmental plans, insurance companies, fund of funds, endowments and others. William Hoffman, Apollo Aviation’s Chairma, said: “As our largest fund yet, it is a testament to the success of our strategy and confidence of our