May 26, 2018 3:21 AM ET

Capital Markets

Company Overview of Apollo Investment Corporation

Company Overview

Apollo Investment Corporation is business development company specializing in middle market companies. It provides direct equity capital, mezzanine and senior secured loans, unsecured debt, and subordinated debt and loans. It also seeks to invest in PIPES transactions. The fund may also invest in securities of public companies that are thinly traded and may acquire investments in the secondary market and structured products. It prefers to invest in warrants, makes equity co-investments, and may also invest in cash equivalents, U.S. government securities, high-quality debt investments that mature in one year or less, high-yield bonds, distressed debt, non-U.S. investments, or securities of pu...

9 West 57th Street

New York, NY 10019

United States

Founded in 2004

Phone:

212-515-3450

Key Executives for Apollo Investment Corporation

CEO & Director
Age: 45
President & Chief Investment Officer of Apollo Investment Management
Chairman of the Board
Age: 65
Chief Financial Officer and Treasurer
Age: 60
Chief Compliance Officer and Vice President
Age: 43
Compensation as of Fiscal Year 2017.

Apollo Investment Corporation Key Developments

Apollo Investment Corporation Announces Management Changes

On May 17, 2018, at an in-person meeting, the board of directors of Apollo Investment Corporation approved the second amended and restated investment advisory management agreement between the company and Apollo Investment Management, L.P. On May 17, 2018, the Board appointed Howard Widra as a director of the Company. Mr. Widra was appointed as an interested Class I director. His term will expire at the 2020 annual meeting of stockholders of the Company at which the Class I directors stand for election. On May 17, 2018, the Board also appointed Mr. Widra as Chief Executive Officer of the Company, effective May 21, 2018. James Zelter will no longer serve as Chief Executive Officer of the Company but will remain an Interested Director of the Company. Mr. Widra is the President of the Company through May 21, 2018 and has been with Apollo Global Management, LLC and/or its affiliates since 2013. He became the President of Apollo Investment Corporation in June 2016. On May 17, 2018, the Board appointed Tanner Powell as President of the Company, effective May 21, 2018. Mr. Powell has been with Apollo Global Management, LLC since 2006 and has served as Chief Investment Officer for Apollo Investment Management, L.P., since June 2016. From 2004 to 2006, Mr. Powell served as an analyst in Goldman Sachs' Principal Investment Area (PIA), concentrating on mezzanine investing. From 2002 to 2004, Mr. Powell was an analyst in the Industrials group at Deutsche Bank.

Apollo Investment Corporation to Report Q4, 2018 Results on May 18, 2018

Apollo Investment Corporation announced that they will report Q4, 2018 results at 10:00 AM, US Eastern Standard Time on May 18, 2018

Apollo Investment Corporation, Q4 2018 Earnings Call, May 18, 2018

Apollo Investment Corporation, Q4 2018 Earnings Call, May 18, 2018

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
January 23, 2018
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