Paul, Weiss advised Apollo Global Management in connection with the close of its second dedicated infrastructure fund, Apollo Infrastructure Opportunities Fund II LP (AIOF II), with approximately $2.54 billion in capital commitments.

Receiving strong support from a diverse base of new and existing investors, AIOF II will continue its strategy of investing in mid-market infrastructure assets primarily across communications, power and renewables and transportation. Apollo’s dedicated infrastructure business currently manages approximately $6 billion in infrastructure-related assets around the world.

The Paul, Weiss team included, among others, corporate partners Matthew Goldstein, Victoria Forrester, Marco Masotti and Brad Finkelstein and counsel Femi Austin, Lisa Koff, David Levine, Jeremy Larkins and Philip Heimowitz; tax partner Brian Grieve; and executive compensation counsel Jake Glazeski.