National Bank Investments (“NBI”) announced a new partnership with Apollo Global Management to expand access to private credit investments for Canadian accredited investors.

The new NBI Apollo Private Credit Fund, available since May 1st, provides exposure to private credit opportunities in directly originated assets by investing in Apollo Debt Solutions BDC, a non-traded US business development company focusing on senior secured large corporate direct origination, broadly syndicated loans, and, to a lesser extent, middle market direct lending.

Founded in 1990, Apollo is a high-growth, global alternative asset manager, overseeing US$785 billion in assets1. The firm has built an ecosystem of 16 origination platforms focused on asset-backed and specialty lending that originates tens of billions in assets on an annual basis for Apollo clients and third parties. With a team of nearly 4,000 professionals working across these businesses, Apollo is uniquely positioned to create value for investors through its scale and deep investment expertise.

“This offering marks a significant step forward in expanding access to private credit for a broader audience, reinforcing NBI’s and Apollo’s shared commitment to meeting investors’ growing demand for alternative investment solutions,” said Corinne Bélanger, Vice-President, Investment Solutions at NBI. “With Apollo’s demonstrated leadership in private credit, we are confident this will empower eligible investors seeking a complimentary institutional-grade strategy for their portfolios.”

“As we seek to scale the adoption of private markets in client portfolios, we are excited to partner with the NBI team as they introduce this new offering to accredited Canadian investors,” said Stephanie Drescher, Partner and Chief Client and Product Development Officer at Apollo. “As part of our ongoing efforts to deliver institutional-quality private investments for individuals, Canadian advisors and their clients will be able to access private credit solutions that can increase portfolio diversification and help achieve their financial objectives.”