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Paul, Weiss advised Apollo on its Accord+ investment strategy, which announced the close of $8.5 billion in total commitments, including $4.8 billion in commitments for its Accord+ Fund II. The successful close of the second vintage exceeds internal targets and brings total assets for Apollo’s hybrid credit business to approximately $40 billion.

The Paul, Weiss team was led by corporate partner Matthew Goldstein and included partners Marco Masotti, Aaron Schlaphoff, Brad Finkelstein and Jennifer Songer, and counsel David Levine, Femi Austin and Nathan Mitchell; tax partners Sohail Itani, Brian Grieve, Cian O’Connor and Timothy Lowe, and counsel Caroline Inker; and executive compensation counsel Jake Glazeski and Bruce Goldberger.