Apollo Investment Corporation (AINV) is a US-domiciled publicly traded private equity closed-end fund and an affiliate of Apollo. AIC was formed to invest primarily in middle-market companies in the form of mezzanine debt and senior secured loans, as well as by making certain direct equity investments in companies. The Company also invests in the securities of public companies. AIC is structured as a business development company, a type of publicly traded private equity vehicle that is designed to generate interest income and long term capital appreciation. AIC historically has not invested in companies controlled by Apollo's private equity funds.
Reported before open today (5/19/16) Earnings: EPS $0.20 Revenue $85.3M Estimates: EPS $0.20 Revenue $89.5M Down 6.34% today so far
