Apollo Origination II (Levered) Capital Trust

CIK 0002052152Apollo

Apollo Origination II (Levered) Capital Trust is a non-traded business development company advised by Apollo. With $1.5 billion 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 95% in floating-rate debt by fair value, at a weighted-average spread of 550 bps over the base rate. Its largest sector exposure is Health Care (23% of holdings).

NAV/Share

$25.60

AUM

$1.5B

Positions

143

Strategy

Private Credit

Wtd. Avg. Maturity

5.2 yrs

100% coverage

Top 10 Concentration

28.7%

PIK in Terms

11.0%

Instrument type

Share of portfolio fair value

First Lien

100%

of fair value

First Lien99.5%

Equity0.3%

Industry exposure

Share of holdings fair value

Top 5

80%

of holdings

Health Care23.0%

Information Technology20.7%

Other12.2%

Industrials11.1%

Financials7.9%

Consumer Staples7.5%

Communication Services3.0%

Materials1.0%

Consumer Discretionary0.2%

Unknown13.5%

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.