Industry & Services >> CEO Interviews >> June 14, 2012

Apollo Investment Corporation (AINV)

James C. Zelter, Chief Executive Officer of Apollo Investment Corporation, joined the company in 2006. He is the Managing Director of Apollo Capital Management and Director of AP Investment Europe Limited. Before joining Apollo, he was with Citigroup Inc. and its predecessor companies from 1994 to 2006. From 2003 to 2005, Mr. Zelter was Chief Investment Officer of Citigroup Alternative Investments, and before that he was responsible for the firm’s global high-yield franchise. Before joining Citigroup in 1994, Mr. Zelter was a high-yield Trader at Goldman Sachs. He is a board member of DUMAC, the investment management company that oversees the Duke Endowment and Duke Foundation. Mr. Zelter has a degree in economics from Duke University. Profile
TWST: Please begin with a brief overview of Apollo Investment Corporation.

Mr. Zelter: Apollo Investment Corporation is a BDC-RIC, which is a business development company, regulated