Apollo Investment Corporation primarily focuses on the risk/reward profile of each prospective portfolio company, seeking to minimize the risk of capital loss without foregoing potential for capital appreciation. We invest in companies with leading market positions and strong free cash flows. Our investment professionals seek companies that have the following characteristics:
Value orientation / Significant free cash flow
Experienced management team
Sufficient enterprise value of assets
Strong competitive position in industry
Visible exit strategy
Potential for growth
We reduce risk by engaging in extensive due diligence from the perspective of a long-term investor and adopting flexible transaction structures. Our target investment size is from $20 to $250 million. We participate in all levels of the capital structure from secured senior debt to equity; however, we are primarily focused on mezzanine investments with stated maturities of 5 to 10 years. We also seek potential equity upside through warrants and equity co-investments.