Renaissance Capital logo

Apollo Residential quiet period ends August 31

August 26, 2011

Apollo Residential Mortgage, an Apollo-managed REIT recently formed to invest in residential mortgage assets, will see its quiet period end on August 31. On July 21, the company raised $200 million by offering 10 million shares at the expected price of $20. Morgan Stanley, Credit Suisse and J.P. Morgan acted as lead managers on the deal.