AVIATION 2020: Apollo looking to raise $500m aircraft fund

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Apollo Aviation is in the market trying to tap investors for another aircraft fund to support operations.

"We are looking to raise a $500 million fund," said David Treitel, managing director of Apollo Aviation, at Ascend's Aviation 2020 finance forum in San Francisco today.

Apollo raised a $213 aircraft million fund last year to support activities, he said.

Treitel said Apollo primarily uses equity capital for transactions. It has also tapped funding from long-term investors, pension funds as well as hedge funds.