What is Apollo Investment Corporation (AIC)?
A publicly traded private-equity fund
A subsidiary of Apollo Global Management
A separate company founded by Apollo's founders
An investment advisory firm
Answer
Apollo Investment Corporation (AIC) is a US-domiciled publicly traded private-equity closed-end fund and business development company. It provides mezzanine debt, senior secured loans, and equity investments to middle-market companies and is operated by Apollo Global Management.
Apollo Global Management: Test Your Knowledge on the Titans of Private Equity!
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