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About the Fund

The Apollo Aligned Alternatives Fund[1] (“Fund”) is an open-ended, semi-liquid fund which offers investors access to Apollo’s comprehensive alternatives platform*.

The Fund is designed to be a core component of an investor’s alternative or private markets allocation.
Opportunity to invest alongside Apollo’s balance sheet in a fully invested, seasoned portfolio.
The Fund seeks to generate equity-like returns with less than half the volatility of listed equities.

Why this Fund

The Fund aims to provide capital growth over the long term by being exposed to a diversified portfolio of private market opportunities across equities, real assets and credit through investing in the Underlying Fund*.

Apollo’s size and scale allows for opportunistic capital investments.
The dedicated management team and investment committee consists of senior leaders from across Apollo’s business.
With a long term, flexible and solutions driven approach, Apollo aims to originate and access high-quality and strong-yielding assets for its investors.

Fund Facts

About this fund
Inception date
1 September 2023
Suggested Min Timeframe
At least 5 years
Currency
AUD
Portfolio Managers
Matt O’Mara
Marc Rowan
Jeff Jacobs
James Zelter
Jim Belardi
Andrew Gosden
Theo Kwon
David Sambur
Fund IDs
ARSN
667 548 825
APIR
HOW3532AU
Fees / Pricing
Management Fees and Costs
2.07%1
Performance Fees
1.80%2
Min Investment
$100,000.00
 
 
Fund size displayed at a class level only. Interests in the Apollo Aligned Alternatives Fund ARSN 667 548 825 are offered by Fidante Partners Limited (ABN 94 002 835 592 AFSL 234 668) (Fidante). Fidante has appointed Apollo Management Singapore Pte Ltd (ABN 97 635 094 914), a company incorporated in Singapore (UEN No. 200618603H) as the investment manager of the Fund.
The Fund only accepts investments from institutional, wholesale and sophisticated investors (as defined by the Corporations Act), or, investors which have received personal advice outlined in the Fund's TMD.
Interests in the Apollo Aligned Alternatives Fund ARSN 667 548 825 are offered by Fidante Partners Limited (ABN 94 002 835 592 AFSL 234 668) (Fidante). Fidante has appointed Apollo Management Singapore Pte Ltd (ABN 97 635 094 914), a company incorporated in Singapore (UEN No. 200618603H) as the investment manager of the Fund.
* Where we refer to the Fund’s investments we generally do so on a look through basis, that is, we are referring to the underlying assets that the Fund is exposed to. The Fund gains its exposure to the underlying assets by investing in an AUD share class of the Apollo Aligned Alternatives (E-1), Class I5 (Underlying Fund), a sub compartment of the Apollo Private Markets SICAV (Underlying Umbrella Fund) which invests primarily in the Apollo Aligned Alternatives L.P (AAA Aggregator) (the Underlying Fund and AAA Aggregator together are referred to as the Underlying Vehicles). The Underlying Fund may also invest in other investment opportunities across the alternatives platform of Apollo. These investments together with the investments in the AAA Aggregator are referred to as Alternative Investments.
1 The management fees and costs represent the management fee of the Fund, the indirect costs including management fees and costs of the Underlying Vehicles and any recoverable expenses. As of 23 August 2023.This is reviewed on an annual basis. Please see the Fund’s PDS for additional information on fees and costs for the Fund.
2 The Fund does not charge a performance fee. The performance fee quoted above represents the estimated performance fee calculated by reference to the performance fees, including incentive fees or carried interest, that will be paid indirectly by the Underlying Fund proportionate to its share of any performance fees, including incentive fees or carried interest with respect to each Alternative Investment.

Resources

You should read the Fund's TMD and PDS to ensure the key attributes of the Fund as described in the TMD and PDS aligns with your objectives, financial situation and needs before making a decision about whether to acquire or continue to hold the Fund.

 

Ways to Invest

Fund Ratings

 Organisation Rating
 Lonsec Recommended
 Morningstar -
 Zenith  Recommended

Apollo Aligned Alternatives Fund (ARSN 667 548 825) (the “Fund”) has been registered with the Australian Securities Investments Commissions (”ASIC”) as a managed investment scheme under the Corporations Act 2001 (Cth).  Fidante Partners Limited ABN 94 002 835 592 AFSL 234668 (“Fidante”) is the responsible entity of the Fund and the issuer of the Fund. Fidante has appointed Apollo Management Singapore Pte. Ltd. (the “Manager”) as the investment manager of the Fund. The purpose of the Fund is to invest in Sub-Fund Apollo Aligned Alternatives (E-1), (the “Underlying Fund”). The Underlying Fund is managed by Apollo Aligned Alternatives Management L.P an affiliate of the Manager (the “Underlying Fund Manager” and, together with the Manager and their affiliates, “Apollo”).

Fidante is also the distributor of the Fund. As at the date of the PDS (23 August 2023), Fidante is not a current direct client of Apollo, nor a current direct investor in the Fund; however, it is possible that Fidante, one or more affiliates of Fidante or employees of Fidante or its affiliates may be, or may subsequently become, a client of Apollo, or an investor in the Fund or in other Apollo-managed investment vehicles. 

As distributor of the Fund, Fidante is entitled to receive compensation from the Manager. Fidante in its role of responsible entity, product issuer and administrator of the Fund is also entitled to receive a management fee out of the assets of the Fund, which will be borne by the Fund and not by the Manager. These fees incentivize Fidante to market the AUT but also give rise to conflicts of interest. 

Apollo owns a minority interest in the ultimate holding company of Fidante; however, none of Fidante or its affiliates, officers, employees, shareholders or agents are officers, employees, members, partners or agents of Apollo or the Underlying Fund and may not be viewed as such.

Information for use by wholesale investors and advisers only.

 

The rating issued 11/2024 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2024 Lonsec. All rights reserved.

The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (Apollo Aligned Alternatives - assigned February 2024) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.