Apollo Residential Mortgage, an Apollo-managed REIT recently formed to invest in residential mortgage assets, raised $200 million by offering 10 million shares at $20, as expected. The company is also selling 250,000 shares in a private placement to affiliates of Apollo. Apollo Residential Mortgage plans to list on the NYSE under the symbol AMTG. Morgan Stanley, Credit Suisse, and J.P. Morgan acted as lead managers on the deal.
