Harris’ 26North Targets Up to $4 Billion for Buyout Fund (1)

Apollo Global Management Inc. co-founder Josh Harris’ investment firm 26North Partners aims to raise $3 billion to $4 billion for its first private equity fund, according to people familiar with the matter.

The firm plans to make as many as 20 investments through the new vehicle in sectors including industrials, financials, technology, media and telecommunications, said the people, who asked not to be identified discussing a confidential matter.

A spokesperson for New York-based 26North declined to comment.

26North hired Mark Weinberg, who helped lead US private equity at Brookfield Asset Management, to run buyouts last year. The firm ...