Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 1)*
Under the Securities Exchange Act of 1934
Apollo S3 Private Markets Fund
(Name of Issuer)
Class I common shares of beneficial interest, no par value per share
(Title of Class of Securities)
N/A
(CUSIP Number)
Ryan P. Brizek
Simpson Thacher & Bartlett LLP
900 G Street, N.W.
Washington, D.C. 20001
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
November 21, 2024
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
1 |
NAME OF REPORTING PERSONS
Apollo Principal Holdings B, L.P. | |||||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 |
SEC USE ONLY
| |||||
4 |
SOURCE OF FUNDS
WC | |||||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
0 | ||
8 | SHARED VOTING POWER
1,220,480 | |||
9 | SOLE DISPOSITIVE POWER
0 | |||
10 | SHARED DISPOSITIVE POWER
1,220,480 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,220,480 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.9% | |||||
14 | TYPE OF REPORTING PERSON
PN |
2
1 |
NAME OF REPORTING PERSONS
Apollo S3 Holdings (ASPM AIV), L.P. | |||||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 |
SEC USE ONLY
| |||||
4 |
SOURCE OF FUNDS
OO | |||||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
0 | ||
8 | SHARED VOTING POWER
2,019,961.37 | |||
9 | SOLE DISPOSITIVE POWER
0 | |||
10 | SHARED DISPOSITIVE POWER
2,019,961.37 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,019,961.37 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41.3% | |||||
14 | TYPE OF REPORTING PERSON
PN |
3
1 |
NAME OF REPORTING PERSONS
Apollo S3 Advisors, L.P. | |||||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 |
SEC USE ONLY
| |||||
4 |
SOURCE OF FUNDS
OO | |||||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
0 | ||
8 | SHARED VOTING POWER
2,019,961.37 | |||
9 | SOLE DISPOSITIVE POWER
0 | |||
10 | SHARED DISPOSITIVE POWER
2,019,961.37 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,019,961.37 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41.3% | |||||
14 | TYPE OF REPORTING PERSON
PN |
4
1 |
NAME OF REPORTING PERSONS
Sliders Advisors GP, LLC | |||||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 |
SEC USE ONLY
| |||||
4 |
SOURCE OF FUNDS
OO | |||||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
0 | ||
8 | SHARED VOTING POWER
2,019,961.37 | |||
9 | SOLE DISPOSITIVE POWER
0 | |||
10 | SHARED DISPOSITIVE POWER
2,019,961.37 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,019,961.37 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41.3% | |||||
14 | TYPE OF REPORTING PERSON
OO |
5
1 |
NAME OF REPORTING PERSONS
APH Holdings (DC), L.P. | |||||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 |
SEC USE ONLY
| |||||
4 |
SOURCE OF FUNDS
OO | |||||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
0 | ||
8 | SHARED VOTING POWER
2,019,961.37 | |||
9 | SOLE DISPOSITIVE POWER
0 | |||
10 | SHARED DISPOSITIVE POWER
2,019,961.37 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,019,961.37 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
41.3% | |||||
14 | TYPE OF REPORTING PERSON
PN |
6
1 |
NAME OF REPORTING PERSONS
Apollo Principal Holdings B GP, LLC | |||||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 |
SEC USE ONLY
| |||||
4 |
SOURCE OF FUNDS
OO | |||||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
0 | ||
8 | SHARED VOTING POWER
3,240,441.37 | |||
9 | SOLE DISPOSITIVE POWER
0 | |||
10 | SHARED DISPOSITIVE POWER
3,240,441.37 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,240,441.37 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
66.2% | |||||
14 | TYPE OF REPORTING PERSON
OO |
7
1 |
NAME OF REPORTING PERSONS
APO Corp. | |||||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 |
SEC USE ONLY
| |||||
4 |
SOURCE OF FUNDS
OO | |||||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐ | |||||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
7 | SOLE VOTING POWER
0 | ||
8 | SHARED VOTING POWER
3,240,441.37 | |||
9 | SOLE DISPOSITIVE POWER
0 | |||
10 | SHARED DISPOSITIVE POWER
3,240,441.37 |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,240,441.37 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
66.2% | |||||
14 | TYPE OF REPORTING PERSON
CO |
8
Explanatory Note
This amendment No. 1 (Amendment No. 1) amends the statement on Schedule 13D filed with the Securities and Exchange Commission on October 21, 2024 (as amended, the Schedule 13D) related to Class I common shares of beneficial interest, no par value per share (the Class I Shares), of Apollo S3 Private Markets Fund, a Delaware statutory trust registered under the Investment Company Act of 1940, as amended (the 1940 Act) (the Issuer or the Company). The principal executive offices of the Issuer are located at 9 West 57th Street, New York, NY 10019.
The Items below amend the information disclosed under the corresponding Items of the Schedule 13D as described below. Except as specifically provided herein, this Amendment No. 1 does not modify any of the information previously reported in the Schedule 13D. Capitalized terms used but not defined in this Amendment No. 1 shall have the same meanings ascribed to them in the Schedule 13D.
Item 3. | Source and Amount of Funds |
Item 3 of the Schedule 13D is hereby amended and supplemented by the following:
The information set forth in Item 5 hereof is hereby incorporated by reference into this Item 3.
On November 21, 2024, the Issuer issued 23,961.37 Class I Shares, for an aggregate purchase price of $600,000, to Apollo S3 AIV at $25.0403 per Class I Share. The Class I Shares were paid for from Apollo S3 AIVs invested capital.
Item 5. | Interest in Securities of the Issuer |
Item 5 (a)-(c) of the Schedule 13D is hereby amended and restated as follows:
The information set forth in the cover pages of this Schedule 13D is hereby incorporated by reference into this Item 5.
(a) and (b) Calculation of the percentage of the Class I Shares beneficially owned is based on 4,892,807.25 Class I Shares outstanding as of November 21, 2024, as disclosed by the Issuer to the Reporting Persons.
The aggregate number and percentage of the Class I Shares beneficially owned by each Reporting Person and, for each Reporting Person, the number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition are set forth on rows 7 through 11 and row 13 of the cover pages of this Schedule 13D and are incorporated herein by reference.
Holdings directly holds 1,224,480 Class I Shares. Apollo S3 AIV directly holds 2,019,961.37 Class I Shares. S3 Advisors is the general partner of Apollo S3. The general partner of S3 Advisors is Sliders. The sole member of Sliders is APH. Holdings GP is the general partner of each of Holdings and APH. The sole member of Holdings GP is APO. Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission that any Reporting Person is the beneficial owner of the Class I Shares referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose. Each Reporting Person expressly disclaims beneficial ownership of such Class I Shares and any assertion or presumption that they and the other persons on whose behalf this statement is filed constitute a group.
(c) Information set forth under Item 3 of this Schedule 13D is incorporated by reference herein. Except as set forth in this Schedule 13D, none of the Reporting Persons, to the best of the knowledge of such persons, has effected any transaction in the Class I Shares since the filing of the initial Schedule 13D on October 21, 2024.
9
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: November 25, 2024
Apollo Principal Holdings B, L.P., | ||
By: Apollo Principal Holdings B GP, LLC, its general partner | ||
By: | /s/ Kristin Hester | |
Name: Kristin Hester | ||
Title: Vice President | ||
Apollo S3 Holdings (ASPM AIV), L.P. | ||
By: Apollo S3 Advisors, L.P., its general partner | ||
By: Sliders Advisors GP, LLC, its general partner | ||
By: | /s/ James Elworth | |
Name: James Elworth | ||
Title: Vice President | ||
Apollo S3 Advisors, L.P. | ||
By: Sliders Advisors GP, LLC | ||
By: | /s/ James Elworth | |
Name: James Elworth | ||
Title: Vice President | ||
Sliders Advisors GP, LLC | ||
By: | /s/ James Elworth | |
Name: James Elworth | ||
Title: Vice President | ||
APH Holdings (DC), L.P. | ||
By: Apollo Principal Holdings B GP, LLC, its general partner | ||
By: | /s/ Kristin Hester | |
Name: Kristin Hester | ||
Title: Vice President | ||
Apollo Principal Holdings B GP, LLC | ||
By: | /s/ Kristin Hester | |
Name: Kristin Hester | ||
Title: Vice President |
APO Corp. | ||
By: | /s/ William B. Kuesel | |
Name: William B. Kuesel | ||
Title: Vice President |