European Principal Finance is an established platform at the nexus of Apollo’s core competencies. We seek to identify excess returns in credit and real asset-oriented special situations assets by focusing on complex, misunderstood and mispriced real assets. Our European Principal Finance business (“EPF”), founded in 2008, has grown to be the second largest closed-end fund product at Apollo behind our private equity platform.
EPF draws on Apollo perspectives across credit, real assets and private equity. The business seeks to capture European deleveraging opportunities across non-performing loans, opportunistic and distressed real estate assets and a variety of asset types that no longer work on regulated balance sheets. We've combined Apollo’s resources and investment philosophy in EPF to seek to find excess yield in a downside-protected risk-adjusted manner.