Private equity investor Apollo Investment shines its light on the world of middle-market corporate finance. A business development company (BDC) and a closed-end investment fund, it specializes in subordinated debt and equity capital investments, providing middle-market companies ($50 million to $2 billion in annual revenues) with mezzanine or senior subordinated loans. It also makes direct equity investments. The company typically invests between $20 million and $250 million per transaction. Apollo Investment has stakes in about 70 companies in the US, Canada, and western Europe, including financial services behemoth First Data, technology insurer Asurion, and human resources outsourcer Ceridian. To read the full description, subscribe now.
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