AP Alternative Assets, L.P.

AP Alternative Assets, L.P. (AAA), a publicly-listed permanent capital vehicle, issued approximately $1.9 billion of equity capital in its initial global offering in June 2006 to invest alongside our private equity funds, directly into our capital markets funds and into other transactions that we sponsor and manage. The common units of AAA are listed on Euronext Amsterdam and trade under the ticker "AAA".

Since its formation, AAA has allowed us to quickly target certain investment opportunities by capitalizing new investment vehicles formed by Apollo in advance of a lengthier third party fundraising process. AAA was the initial investor in one of our mezzanine funds, two of our global distressed and hedge funds, and our non-performing loan fund. AAA's current portfolio also includes private equity co-investments in certain of Apollo's private equity funds, portfolio companies, and other opportunistic investments. 

For more information, please see the company's website:  www.apolloalternativeassets.com