The Horizon Group, a team of five advisors and four branch professionals, joins Pinnacle Asset Management, an affiliated bank branch, from Truist.
Apollo’s products for individual investors are distributed through intermediaries such as bank wealth channels and registered investment advisers, and the firm doesn’t expect that to change.
The latest fundraising marks the fifth iteration of the firm’s Loan Partners fund, a series that got off the ground in 2008.
Iqbal Khan, who previously had sole charge of the key wealth unit, will now also become president of the Asia Pacific region.