Paul, Weiss advised Apollo on the formation and fundraising of its Apollo Origination Partnership Fund II (AOP II) with approximately $4.8 billion of investable assets. AOP II is designed to capitalize on growing demand for corporate and sponsor-backed large-cap lending. The fund’s close brings total assets raised for the Apollo Large Cap Direct Lending business to approximately $13.3 billion in just over 12 months. The Paul, Weiss team was led by corporate partners Matthew Goldstein and Robert Tananbaum and includes partners Aaron Schlaphoff, Victoria Forrester, Lindsey Wiersma, Brad Finkelstein and Jennifer Songer, and counsel David Levine, Femi Austin and Jeremy Larkins; tax partners Reuven Garrett and Brian Grieve, and counsel Patrick Karsnitz and Shane Milam; and executive compensation counsel Jake Glazeski.