BRIEF-Apollo raises $1.3 billion natural resources fund

Fri Feb 8, 2013 11:07am EST

Feb 8 (Reuters) - Apollo Global Management LLC ona conference call with analysts: * President Marc Spilker says natural resources fund held final close in December at $1.3 billion * CFO Martin Kelly says difficult to predict distributions from balance sheet investments, policy is the same * Kelly says Apollo's cash position significanty higher than where it has been in the past