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Apollo Investment Corporation: Business Overview, Financials & Competitive Analysis

Apollo Investment Corporation scores 7/10 on the AskCyborg Cyborg Score (Strong). Well-capitalized BDC with Apollo affiliation and de-risked portfolio positioned as a higher-yield alternative to traditional fixed income, but facing middle-market credit headwinds. Apollo Investment Corporation benefits from strong backing by Apollo Global Management with substantial AUM and a portfolio transitioning toward defensive positioning. However, limited recent data (most recent.

What is Apollo Investment Corporation's industry? Apollo Investment Corporation (apolloinvestment.com) operates in Private Credit. AskCyborg classifies Apollo Investment Corporation under Private Credit in its company registry.

Apollo Investment Corporation is a business development company specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market c...

7/ 10Strong

Cyborg Score thesis

Well-capitalized BDC with Apollo affiliation and de-risked portfolio positioned as a higher-yield alternative to traditional...

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Industry Private Credit
3 named competitors
2 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: September 21, 2026
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Analyst-debate audio for Apollo Investment Corporation

AskCyborg analysts argue the bull and bear cases for Apollo Investment Corporation across 11 stress-tested dimensions. Listen on your commute -- faster than reading the 30-page report.

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What's in This Report
Apollo Investment Corporation OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Apollo Investment Corporation Overview

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Apollo Investment Corporation is a business development company specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies. The Company invests primarily in various forms of debt investments, including secured and unsecured debt, loan investments, and/or equity in private middle-market companies.

Strategic Profile

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AINV is focused on investing in senior secured loans to middle market companies sourced by Apollo Investment Management, L.P., an affiliate of Apollo Global Management, Inc. The Company greatly benefits from its affiliation with Apollo, a high-growth global alternative asset manager with approximately $513 billion of assets under management as of March 31, 2022, and being part of Apollo's platform provides AINV with significant scale and differentiated access to information.

Competitive Landscape

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Apollo Investment Corporation competes within the Business Development Company (BDC) segment, alongside other middle-market lenders and mezzanine finance providers. Its primary differentiation comes from Apollo Global Management affiliation, which provides substantial deal flow, analytical resources, and capital management capabilities relative to smaller, independent BDCs. The company's focus on senior secured loans positions it competitively in the higher-yield debt market.

Industry Context

Apollo Investment Corporation operates in Private Credit.

Key facts

Founded: N/A · Headquarters: New York, US · Employees: N/A · Revenue: N/A · Market cap: $893 million (as of November 2022)

What the analysts stress-tested

The top findings that survived the multi-agent debate for Apollo Investment Corporation.

  • As of fiscal year ending March 31, 2022, corporate lending assets represented 83% of the total portfolio with net leverage of 1.51x, reflecting a de-risking shift toward first lien secured loans
  • Company successfully reduced exposure to non-core and junior capital positions while increasing first lien floating rate loan exposure
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Recent developments

Material events tracked by the AskCyborg corpus.

  • July 2021Priced $125 million of 4.500% unsecured notes due July 2026
  • Fiscal year ending March 31, 2022Completed portfolio repositioning with 83% corporate lending exposure and maintained net leverage of 1.51x
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Named competitors

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Industry context

Apollo Investment Corporation operates in Private Credit. See how the rest of the sector scores on the Cyborg framework.

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Analyst debate, not single-author opinion

Every report is stress-tested by a panel of AI analysts arguing across 11 dimensions. The output is the part of the case that survived pushback.

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Recalibrated weekly

The Cyborg Score is recomputed weekly against fresh data. Recent material developments are continuously tracked and surfaced.

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Methodology open at /methodology

The framework, dimensions, and band breakdowns are documented. The same company gets the same score from any analyst running the framework.

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Sources: public filings, regulatory data, news flow, and proprietary analyst signals. Read the methodology →

Frequently asked questions

What does Apollo Investment Corporation do?+
Apollo Investment Corporation is a business development company specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market c...
What is Apollo Investment Corporation's Cyborg Score?+
Apollo Investment Corporation has a Cyborg Score of 7/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Apollo Investment Corporation's main competitors?+
Named competitors include MidCap Financial, Ares Management BDC, Blackstone BDC. The full competitive landscape is in the AskCyborg report.
How can I get the full Apollo Investment Corporation research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Apollo Investment Corporation research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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