Australian Feeder Fund Offers Wholesale Investors Access to Apollo’s Asset Backed Finance Strategy
Channel Capital, a leading Australian multi-partner asset management firm, has launched the Apollo Asset Backed Credit Trust (AUD) for Australian wholesale investors. The trust is an open-end Australian unit trust that provides access to Apollo’s (NYSE: APO) Asset Backed Finance strategy.
Asset backed financing offers a form of private lending secured by tangible assets like aircraft, property or infrastructure as well as financial receivables like contractual cash flows. Apollo’s asset backed finance strategy primarily focuses on directly originated, investment-grade assets across a diverse range of sectors. It seeks to generate consistent income through exposure to high-quality assets and contracted cash flows, with structural protections and low historical correlation to traditional corporate credit offerings.
Edward Moon, Partner and Head of Asia Pacific Global Wealth Management at Apollo, commented:
"We are pleased to work with the Channel Capital team to expand access to Apollo’s asset backed finance strategy in Australia, a priority market for Apollo where we are focused on meeting the evolving needs of Australian investors, corporates and retirees through creative capital solutions and customised products. Secular changes in financial markets continue to position the asset backed finance market for future growth, and we believe the strategy offers an attractive value proposition, leveraging Apollo’s differentiated origination capabilities, structuring expertise and robust risk management framework.”
Luke Mandekic, Co-Head of Distribution at Channel Capital, added:
“For investors seeking consistent returns with enhanced credit protection, asset backed finance can offer a valuable complement to traditional fixed income allocations. These strategies are known for their defensive characteristics, often structured with strong collateral protection to reduce default risk and improve recoveries. Asset backed finance can provide investment-grade equivalent risk with the potential for enhanced yields, and a lower volatility profile.”
Channel Capital offers the trust and will provide all non-investment services, including responsible entity services, operations, client services, and distribution and marketing.
The trust offers monthly applications and redemptions, has been independently rated “Recommended” by Zenith Investment Partners, and is expected to be widely available across major investment platforms.
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This communication is intended solely for professional and wholesale investors and has been issued by Channel Investment Management Limited ACN 163 234 240 AFSL 439007 ('CIML'). CIML is the responsible entity and issuer of units in the Apollo Asset Backed Credit Trust (AUD) ARSN 684 032 291 (the ’Fund’). Channel Capital Pty Ltd ACN 162 591 568 AR No. 1274413 (‘Channel Capital’) is the holding company of CIML and distributor of the Fund. The Fund invests in Apollo Asset Backed Credit Company LLC (the ‘Underlying Fund’). Apollo Global Management (‘Underlying Fund Advisor’, or together with its affiliates, ‘Apollo’) serves as the Advisor of the Underlying Fund. Views and opinions expressed are for informational purposes only and do not constitute a recommendation by Channel Capital or Apollo to buy, sell, or hold any security. Views and opinions are current as of the date of this document and may be subject to change, they should not be construed as investment advice.
Neither CIML nor Apollo, their officers, nor their employees make any representations or warranties, express or implied as to the accuracy, reliability, or completeness of the information contained in this email. Nothing contained in this email is or shall be relied upon as a promise or representation, whether as to the past or the future. Past performance is not a reliable indication of future performance. Where CIML or Apollo relies on third parties to provide information used in this email, CIML or Apollo, their respective directors and their respective employees, are not responsible for the accuracy of that information. The opinions expressed herein reflect the judgement of CIML and/or Apollo at the time of this publication and are subject to change. Subsequent changes in circumstances may also affect the accuracy of the information. CIML and Apollo do not provide any guarantee about the future performance of the investment products, managers, asset classes or capital markets discussed.
This information is given in summary form and does not purport to be complete. Information in this media statement should not be considered advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling units in the Fund and does not take into account your particular investment objectives, financial situation or needs. All investments contain risk. An investor should, before making any investment decisions, consider the appropriateness of the information in this communication, and seek professional advice having regard to these matters, any relevant offer document and in particular, you should seek independent financial advice. For further information and before investing, please read the Product Disclosure Statement and Target Market Determination available at www.channel-apollo.com.au.
To the maximum extent permitted by law, none of CIML, Apollo their directors, employees or agents accepts any liability for any loss arising, including negligence, from the use of this media statement or its contents. It does not constitute an offer to sell or a solicitation of an offer to purchase or advice in relation to any securities within or of units in any investment fund or other investment product described herein.
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) ("Zenith") rating (assigned 1 May 2025 for the Apollo Asset Backed Credit Trust (AUD)) referred to in this email is limited to "General Advice" (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith's methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at www.zenithpartners.com.au/regulatoryguidelines.
This communication is intended solely for professional and wholesale investors and has been issued by Channel Investment Management Limited ACN 163 234 240 AFSL 439007 ('CIML'). CIML is the responsible entity and issuer of units in the Apollo Asset Backed Credit Trust (AUD) ARSN 684 032 291 (the ’Fund’). Channel Capital Pty Ltd ACN 162 591 568 AR No. 1274413 (‘Channel Capital’) is the holding company of CIML and distributor of the Fund. The Fund invests in Apollo Asset Backed Credit Company LLC (the ‘Underlying Fund’). Apollo Global Management (‘Underlying Fund Advisor’, or together with its affiliates, ‘Apollo’) serves as the Advisor of the Underlying Fund. Views and opinions expressed are for informational purposes only and do not constitute a recommendation by Channel Capital or Apollo to buy, sell, or hold any security. Views and opinions are current as of the date of this document and may be subject to change, they should not be construed as investment advice.
Neither CIML nor Apollo, their officers, nor their employees make any representations or warranties, express or implied as to the accuracy, reliability, or completeness of the information contained in this email. Nothing contained in this email is or shall be relied upon as a promise or representation, whether as to the past or the future. Past performance is not a reliable indication of future performance. Where CIML or Apollo relies on third parties to provide information used in this email, CIML or Apollo, their respective directors and their respective employees, are not responsible for the accuracy of that information. The opinions expressed herein reflect the judgement of CIML and/or Apollo at the time of this publication and are subject to change. Subsequent changes in circumstances may also affect the accuracy of the information. CIML and Apollo do not provide any guarantee about the future performance of the investment products, managers, asset classes or capital markets discussed.
This information is given in summary form and does not purport to be complete. Information in this media statement should not be considered advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling units in the Fund and does not take into account your particular investment objectives, financial situation or needs. All investments contain risk. An investor should, before making any investment decisions, consider the appropriateness of the information in this communication, and seek professional advice having regard to these matters, any relevant offer document and in particular, you should seek independent financial advice. For further information and before investing, please read the Product Disclosure Statement and Target Market Determination available at
www.channel-apollo.com.au.
To the maximum extent permitted by law, none of CIML, Apollo their directors, employees or agents accepts any liability for any loss arising, including negligence, from the use of this media statement or its contents. It does not constitute an offer to sell or a solicitation of an offer to purchase or advice in relation to any securities within or of units in any investment fund or other investment product described herein.
