Apollo Investment Corporation (NASDAQ: AINV) is a leading provider of subordinated debt and equity capital to middle-market companies. We generate both current income and capital appreciation through debt and equity investments. Apollo Investment Corporation is managed by Apollo Investment Management and its corporate governance is provided by an independent board of directors. The company is registered with the SEC as a business development company under the Investment Company Act of 1940, which provides the company with structural advantages, including public liquidity and an advantageous tax structure.
Our portfolio is comprised primarily of investments in subordinated loans and senior secured loans of private middle-market companies with equity interests such as warrants or equity co-investments. The value of our portfolio is determined by independent, third-party firms.
Apollo Investment Corporation is led by John Hannan and James Zelter and supported by an experienced team of investment professionals. Mr. Hannan is a founding partner of Apollo Global Management, LLC ("AGM") and has been involved in all aspects of AGM's investment activities, including serving as a member of AGM's investment committee. Mr. Zelter has substantial experience in leveraged finance at Citigroup (and it's predecessor companies).
Messrs. Hannan and Zelter have a more than 50 years of combined experience in leveraged finance, private equity and distressed debt investing.Apollo Investment Corporation has access to the resources and expertise of AGM's investment professionals, led by AGM's co-founder and senior partner, Leon Black.
Our management team's broad expertise and its ability to draw upon AGM's many years of experience will enable Apollo Investment Corporation to identify, assess and structure investments successfully across all levels of a company's capital structure and to manage potential risk and return at all stages of the economic cycle.more » « less