National Bank Investments Inc. (NBI) announced a partnership with Apollo Global Management, Inc. 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 assets.”
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 positioned to create value for investors through its scale and deep investment expertise.”
Corinne Bélanger, Vice-President, Investment Solutions at NBI
“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. 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.”
Stephanie Drescher, Partner and Chief Client and Product Development Officer at Apollo
“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. 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.”
As noted in the update, Apollo is a “high-growth, global alternative asset manager.”
In their asset management business, they seek to “provide clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity.”
For more than three decades, their investing expertise across “fully integrated platform has served the financial return needs of clients and provided businesses with innovative capital solutions for growth.”
Through Athene, their retirement services business, they specialize in helping clients achieve “financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions.”
Their approach to investing aligns their clients, the businesses they invest in, our employees, and the communities they impact, “to expand opportunity and achieve positive outcomes.”
As of March 31, 2025, Apollo had “approximately US$785 billion of assets under management.”