February 8, 2013 / 4:10 PM / 4 years ago

BRIEF-Apollo raises $1.3 billion natural resources fund

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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

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