Sumitomo Mitsui Trust to invest $1.5 bln in Apollo funds -source

Sumitomo Mitsui Trust

06/07/2022 23:12

TOKYO, July 7 (Reuters) - Sumitomo Mitsui Trust Holdings
 8309.T  plans to invest $1.5 billion in funds run by Apollo
Global Management  APO.N , a source familiar with the matter
said on Thursday.
    The two will form a partnership that involves private
equity, real estate and infrastructure, said the source, who
declined to be identified as the matter is private.
    The Nikkei business daily reported the partnership earlier
on Thursday.

 (Reporting by Makiko Yamazaki
Editing by Chris Reese)
 ((Makiko.Yamazaki@thomsonreuters.com; +81-3-4563-2805;))