Company: ARI
Filing Date: 2025-04-11
Form Type: 40-APP/A
Source: 0001193125-25-079184
Chunk: 13

Company: Apollo Commercial Real Estate Finance, Inc.
Filing Date: 2025-04-11
Form: 40-APP/A
Chunk 13
---
interested” persons of ASPM within the meaning of Section 2(a)(19) of the 1940 Act (the “ASPM Board”).

E.

MAIPL is a closed-end, non-diversified management investment company organized as a Delaware statutory trust. MAIPL has elected to be regulated as a BDC under the 1940 Act and intends to
elect to be treated as a RIC under Subchapter M of the Code, and intends to qualify annually thereafter as a RIC.

MAIPL’s investment
objectives are to generate current income and, to a lesser extent, long-term capital appreciation. MAIPL seeks to invest primarily in certain directly originated assets, including debt securities, made to or issued by private U.S. borrowers. MAIPL
invests primarily in private credit opportunities in directly originated assets, including loans and other debt securities, made to or issued by private U.S. borrowers. Under normal circumstances, MAIPL invests directly or indirectly at least 80% of
its total assets (net assets plus borrowings for investment purposes) in debt instruments of varying maturities issued by middle market companies.

5

MAIPL’s business and affairs are managed under the direction of a board of trustees, which currently consists of five members, three of whom are not “interested” persons of MAIPL within the meaning of Section 2(a)(19) of the 1940 Act (the “ MAIPL Board”). F. LA Fund LA Fund is a continuously offered, diversified, closed-endmanagement investment company registered under the 1940 Act that is operated as an interval fund and is organized as a Delaware statutory trust. LA Fund intends to elect to be treated as a RIC under Subchapter M of the Code, and intends to qualify annually thereafter as a RIC. LA Fund’s investment objective is to provide total return. LA Fund pursues its investment objective by combining two complementary sets of investment strategies: (i) short duration liquid credit, which will be managed by Lord Abbett FIF Advisor LLC (“ Lord Abbett”); 10and (ii) a private credit strategy that will consist of asset-backed credit and private direct lending, which will be managed by ACM. The LA Fund’s business and affairs are managed under the direction of a board of trustees, which currently consists of four trustees, three of whom are not “interested” persons of the LA Fund within the meaning of Section 2(a)(19) of the 1940 Act (