MidCap Apollo Institutional Private Lending

CIK 0002006758MidCap

MidCap Apollo Institutional Private Lending is a non-traded business development company advised by MidCap. With $968 million in total assets, it is one of the smaller funds in the coverage universe. The portfolio is concentrated in direct lending, with 100% in first-lien senior secured loans and 97% in floating-rate debt by fair value, at a weighted-average spread of 666 bps over the base rate. Its largest sector exposure is Health Care (22% of holdings).

NAV/Share

$23.24

AUM

$968.3M

Positions

294

Strategy

Private Credit

Wtd. Avg. Maturity

3.4 yrs

100% coverage

Top 10 Concentration

10.6%

PIK in Terms

4.2%

Instrument type

Share of portfolio fair value

First Lien

100%

of fair value

First Lien99.6%

Equity0.3%

Industry exposure

Share of holdings fair value

Top 5

80%

of holdings

Health Care21.6%

Industrials14.3%

Other13.0%

Consumer Staples6.3%

Information Technology6.1%

Consumer Discretionary4.7%

Materials4.5%

Financials2.2%

Communication Services1.7%

Utilities0.6%

Unknown25.0%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.