# EDGAR Filing Document

**Accession Number:** 0001163648
**File Stem:** 0001013594-25-001132
**Filing Date:** 2025-9
**Character Count:** 12320
**Document Hash:** d144002f2617951917c55ca1c956c47a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001013594-25-001132.hdr.sgml**: 20250904

**ACCESSION NUMBER**: 0001013594-25-001132

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250904

**DATE AS OF CHANGE**: 20250904

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Apollo Realty Income Solutions, Inc.
- **CENTRAL INDEX KEY:** 0001882850
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 872557571
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-94504
- **FILM NUMBER:** 251294539

**BUSINESS ADDRESS:**
- **STREET 1:** 9 WEST 57TH STREET, 42ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-515-3200

**MAIL ADDRESS:**
- **STREET 1:** 9 WEST 57TH STREET, 42ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CI INVESTMENTS INC.
- **CENTRAL INDEX KEY:** 0001163648

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A6

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 15 YORK STREET, 2ND FLOOR
- **CITY:** TORONTO
- **NON US STATE TERRITORY:** ONTARIO
- **PROVINCE COUNTRY:** Z4
- **ZIP:** M5J 0A3
- **BUSINESS PHONE:** 4163641145

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 15 YORK STREET, 2ND FLOOR
- **CITY:** TORONTO
- **NON US STATE TERRITORY:** ONTARIO
- **PROVINCE COUNTRY:** Z4
- **ZIP:** M5J 0A3

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CI MUTUAL FUNDS INC
- **DATE OF NAME CHANGE:** 20011213

## Ex-1

#### EXHIBIT 1
Transactions in the Common Stock of the Issuer by Reporting Persons During the Past 60 Days:

---

| | | | | |
|:---|:---|:---|:---|:---|
| <u>Date</u> | <u>Buy/Sell</u> | <u>Security</u> | Approximate<br> Price Per Share or Option, as <u>Applicable</u><sup><u>1</u></sup> | Number of Shares<u> </u>Bought/(Sold) or <u>Underlying Options</u> |
| 09/02/2025 | BUY | Class A-I Common Stock | $21.46 | 186427.170 |

---

------

<sup>1</sup> Excluding any brokerage fees.

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**Apollo Realty Income Solutions, Inc.**

*(Name of Issuer)*

**Class A-I Common Stock, par value $0.01**

*(Title of Class of Securities)*

**03770B800**

*(CUSIP Number)*

**Richard Guidice**<br>Kleinberg, Kaplan, Wolff & Cohen, P.C.<br>500 Fifth Avenue<br>New York NY 10110<br>(212) 986-6000

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**09/02/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **03770B800** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**CI INVESTMENTS INC.** | Name of reporting person<br>**CI INVESTMENTS INC.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**ONTARIO** | Citizenship or place of organization<br>**ONTARIO** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**4695155.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**4695155.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**4695155.00** | Aggregate amount beneficially owned by each reporting person<br>**4695155.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**23%** | Percent of class represented by amount in Row (11)<br>**23%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

| **CUSIP No.** | **03770B800** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**CI PM ARIS BL LP** | Name of reporting person<br>**CI PM ARIS BL LP** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**ONTARIO** | Citizenship or place of organization<br>**ONTARIO** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**4695155.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**4695155.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**4695155.00** | Aggregate amount beneficially owned by each reporting person<br>**4695155.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**23%** | Percent of class represented by amount in Row (11)<br>**23%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

| **CUSIP No.** | **03770B800** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**FIRST ASSET (I) GENERAL PARTNER INC.** | Name of reporting person<br>**FIRST ASSET (I) GENERAL PARTNER INC.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**ONTARIO** | Citizenship or place of organization<br>**ONTARIO** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**4695155.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**4695155.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**4695155.00** | Aggregate amount beneficially owned by each reporting person<br>**4695155.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**23%** | Percent of class represented by amount in Row (11)<br>**23%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A-I Common Stock, par value $0.01

**(b) Name of Issuer:**
Apollo Realty Income Solutions, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
9 WEST 57TH STREET, 42ND FLOOR, NEW YORK, NY, 10019

Item 1 Comment: This Amendment No. 1 to the Schedule 13D is filed by the undersigned ("Amendment No. 1"). This Amendment No. 1 amends the Schedule 13D as specifically set forth herein. Unless otherwise defined herein, all capitalized terms used herein shall have the meanings given to them in the Schedule 13D.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The aggregate percentage of Shares reported owned by the Reporting Persons is based upon 20,401,292.301 Shares outstanding as of September 4, 2025, which number is based on written representations made to the Reporting Persons by the Issuer after conferring with its transfer agent.

As of the date hereof, the Reporting Persons collectively beneficially owned 4,695,155.186 Shares, constituting approximately 23.0% of all of the outstanding Shares.

**(b)**
CI PM, the General Partner and CII have shared power (i) to vote or direct the vote of, and (ii) to dispose or direct the disposition of, the Shares held by CI PM.

**(c)**
The transactions in the securities of the Issuer by the Reporting Persons during the past 60 days or since the last filing by the Reporting Persons on Schedule 13D are set forth in Exhibit 1 and are incorporated herein by reference.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

On August 25, 2025, CI PM executed and delivered a Subscription Agreement (the "Fifth Subscription Agreement"), pursuant to which CI PM offered to purchase up to $4,000,000 of the Issuer's shares of Class A-I Common Stock. The Fifth Subscription Agreement was not binding until the Issuer delivered a confirmation and acceptance, which was delivered effective as of September 2, 2025 (the "Fifth Acceptance"). Pursuant to the Fifth Acceptance, the Issuer confirmed that CI PM purchased 186,427.17 shares of the Issuer's Class A-I Common Stock at a price per share of $21.46, for an aggregate purchase price of $4,000,000. Pursuant to the terms of the Fifth Subscription Agreement, CI PM made certain customary representations and warranties to the Issuer.

### 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.

**Reporting Person:** CI INVESTMENTS INC.

**Signature:** /s/ Yvette Zhang

**Name/Title:** Yvette Zhang, Director and Chief Financial Officer

**Date:** 09/04/2025

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.

**Reporting Person:** CI PM ARIS BL LP

**Signature:** /s/ Yvette Zhang

**Name/Title:** Yvette Zhang, Director and Chief Financial Officer of First Asset (I) General Partner Inc., General Partner of CI PM ARIS BL LP

**Date:** 09/04/2025

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.

**Reporting Person:** FIRST ASSET (I) GENERAL PARTNER INC.

**Signature:** /s/ Yvette Zhang

**Name/Title:** Yvette Zhang, Director and Chief Financial Officer

**Date:** 09/04/2025