Apollo Targets $25B for Flagship Private Equity Fund

From a cross-asset CFO to rising deferred-payment terms and billion-dollar continuation vehicles, private equity’s liquidity toolkit is converging — and testing how much of the real price GPs are willing to show.

Its customers include ExxonMobil, Diamondback Energy and Double Eagle, with 14 active drilling rigs currently supporting the acreage.

Kelvion, founded more than 100 years ago, provides thermal management and heat exchange technologies for data center, energy and industrial markets.