Apollo Investment Corporation Overview
Pro stress-test →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
Pro stress-test →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
Pro stress-test →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 Business Development Companies (BDCs) - middle-market lending.
Key facts
Founded: N/A · Headquarters: New York, US · Employees: N/A · Revenue: N/A · Market cap: $893 million (as of November 2022)