Apollo Global Management raises $2.34bn for a fourth dislocated credit fund Wednesday, February 17, 2021 Laxman Pai, Opalesque Asia: The alternative investment manager Apollo Global Management has closed its fourth dislocated credit fund at about $2.34 billion in capital commitments. The Apollo Accord Fund IV, the latest investment vehicle in the New York City-headquartered investment manager's flagship Accord series, brings total assets raised for the commingled Accord strategy to $4.1 billion over the last ten months. The private debt fund purchases high-quality, secured cross-asset credit risk, said a press release. Fund IV investors included both existing LPs as well as new, global institutions seeking credit investment opportunities during periods of volatility, as experienced in early 2020, the release added.