# EDGAR Filing Document

**Accession Number:** 0001978024
**File Stem:** 0001752724-25-208399
**Filing Date:** 2025-8
**Character Count:** 29443
**Document Hash:** 80aa2b518219b219d009e79bbf183c06
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-208399.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001752724-25-208399

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Apollo S3 Private Markets Fund
- **CENTRAL INDEX KEY:** 0001978024

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23878
- **FILM NUMBER:** 251262621

**BUSINESS ADDRESS:**
- **STREET 1:** 9 W. 57TH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** (212) 515-3450

**MAIL ADDRESS:**
- **STREET 1:** C/O CSC
- **STREET 2:** 251 LITTLE FALLS DRIVE
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19808

## Nport-Ex

**Apollo S3 Private Markets Fund** 

**Consolidated Schedule of Investments** 

**June 30, 2025 (Unaudited)** 

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Geographic<br>Region** | **Acquisition<br>Date** | **Cost** | **Fair**<br>**Value** |
|  **Private Equity Investments (55.85%)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Secondary Investments (55.85%)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ambienta Water Pumps SCSp<sup>(a),(b),(c),(d)</sup>  | Western Europe | 2/28/2025 | $10455591 | $11786599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; APH Extended Value Fund H LP<sup>(a),(b),(c)</sup>  | North America | 1/30/2025 | 14926810 | 17510495 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ARDIAN Expansion Syclef Continuation Fund S.L.P.<sup>(a),(b),(c),(d)</sup>  | Western Europe | 12/24/2024 | 7342352 | 10477584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BAH Forefront, L.P.<sup>(a),(c)</sup>  | North America | 3/12/2025 | 10787643 | 12630333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bain Capital Beacon Holdings, L.P.<sup>(a),(b),(c)</sup>  | North America | 3/24/2025 | 6664284 | 7510364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bloom I Co-Investment LP<sup>(a),(b),(c)</sup>  | North America | 3/31/2025 | 13590483 | 20092604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ECP R&T Feeder Fund, L.P.<sup>(a),(b),(c)</sup>  | North America | 3/28/2025 | 5253873 | 6008707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GCP Strategic Partners Fund I Feeder, L.P.<sup>(a),(b),(c)</sup>  | North America | 6/10/2025 | 8557256 | 8557256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Mountain SRC Continuation Fund, L.P. <sup>(a),(b),(c)</sup>  | North America | 4/8/2025 | 5372074 | 5372074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Noteus Partners Centaur SLP<sup>(a),(b),(c),(d)</sup>  | North America | 11/6/2024 | 7745957 | 9601447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strategic Value SH 130-A, L.P.<sup>(a),(b),(c)</sup>  | North America | 12/13/2024 | 7563687 | 8338118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trinity Ventures 2024, L.P.<sup>(a),(b),(c)</sup>  | North America | 12/20/2024 | 13782294 | 17309105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Vista Equity Partners Hubble, L.P.<sup>(a),(b),(c)</sup>  | North America | 2/27/2025 | 13323750 | 20149722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Secondary Investments** |  |  | $**125366054** | $**155344408** |
|  **Total Private Equity Investments** |  |  | $**125366054** | $**155344408** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Units** | **Geographic<br>Region** | **Acquisition<br>Date** | **Cost** | **Fair**<br>**Value** |
|  **Membership Interests (0.01%)** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Financial Services (0.01%)** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FPLF Management (Feeder) LLC — Class A<sup>(a),(b),(e)</sup>  | 30 | North America | 2/19/2025 | $15000 | $15000 |
|  **Total Membership Interests** |  |  |  | $**15000** | $**15000** |
|  | **Shares** |  |  | **Cost** | **Fair**<br>**Value** |
|  **Short-Term Investments (43.22%)** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Money Market Fund (43.22%)** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State Street Institutional U.S. Government Money Market Fund — Premier Class, 4.27%<sup>(f)</sup>  | 120193351 |  |  | $120193351 | $120193351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Money Market Fund** |  |  |  | $**120193351** | $**120193351** |
|  **Total Short-Term Investments** |  |  |  | $**120193351** | $**120193351** |
|  **Total Investments (99.08%)** |  |  |  | $**245574405** | $**275552759** |
|  **Other Assets and (Liabilities), Net (0.92%)** |  |  |  |  | **2567771** |
|  **Net Assets (100.00%)** |  |  |  |  | $**278120530** |

---

(a) Investment was issued in private placement transaction and as such is generally restricted as to resale. Each
investment may have been purchased on various dates and for different amounts. The date of the first purchase is reflected under Acquisition Date as shown in the Consolidated Schedule of Investments. Total fair value of restricted investments as of
June 30, 2025 was $155,359,408, or 55.86% of net assets.

(b) Non-income producing.

(c) Investment has been committed to but has not been fully funded by the Fund. See Note 3 for total unfunded
investment commitments.

(d) Investment holdings denominated in foreign currencies are converted to U.S. Dollars using period end spot
rates.

(e) Fair Value Level 3 Investment.

(f) The rate shown is the annualized seven-day yield as of June 30,
2025. **Outstanding Forward Foreign Currency Contracts** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Counterparty** | **Settlement<br>Date** | **Fund<br>Receiving** | **Value** | **Fund<br>Delivering** | **Value** | **Unrealized<br>Depreciation** |
|  Mizuho Capital Markets, LLC | 09/17/2025 | USD | $33729584 | EUR | $34530603 | $(801019) |
|  |  |  |  |  |  | $(801019) |

---

See accompanying Notes to Consolidated Schedule of Investments.

------

**Apollo S3 Private Markets Fund** 

**Notes to Consolidated Schedule of Investments** 

June 30, 2025 (Unaudited)

**1. ORGANIZATION** 

Apollo S3 Private Markets Fund (the "Fund") was organized as a statutory trust on May 5, 2023 under the laws of the State of Delaware. The Fund is registered with the U.S. Securities and Exchange Commission (the "SEC") under the Investment Company Act of 1940, as amended (the "1940 Act"), as a non-diversified, closed-end management investment company. The Fund commenced operations on October 11, 2024. The Fund's investment adviser is Apollo S3 RIC Management, L.P. (the "Adviser"). The Adviser is registered as an investment adviser with the SEC pursuant to the provisions of the Investment Advisers Act of 1940, as amended.

The business operations of the Fund are managed and supervised under the direction of the Fund's Board of Trustees (the "Board" and each member of the Board, a "Trustee"), subject to the laws of the State of Delaware and the Fund's Declaration of Trust. The Board has overall responsibility for the management and supervision of the business operations of the Fund. The Fund's investment objective is to seek to provide long-term capital appreciation. In pursuing its investment objective, the Fund intends to invest in a portfolio of private equity, private credit and other private assets (collectively, "private market investments"). The Fund's private market investments predominantly focus on private equity (including buyout and growth equity) and private credit strategies, and may opportunistically include select exposures in other private markets strategies including real assets, infrastructure and venture capital, among others. The Fund's investment exposure to these strategies is implemented via a variety of investment types that include: (i) investments in private markets funds managed by various unaffiliated asset managers ("Portfolio Funds") acquired in privately negotiated transactions (a) from pre-existing investors in these Portfolio Funds ("Traditional Secondary Investments"), and/or (b) investments in existing private investments and/or assets of or from a Portfolio Fund(s), often requiring a bespoke structure that may include the creation of new vehicles or securities ("Non-Traditional Secondary Investments" and, together with Traditional Secondary Investments, "Secondary Investments" or "Secondaries"); (ii) direct or indirect investments in the equity and/or credit of private companies, alongside private market funds and/or other private market firms ("Co-Investments"); and (iii) primary investments in newly formed Portfolio Funds ("Primary Investments" or "Primaries"). The Fund expects to invest in private market investments principally through Secondary Investments, although the allocation among each of the types of investments set forth above may vary from time to time, especially during the Fund's initial period of investment operations.

The Fund has a 100% ownership interest, consolidates, and has control over significant operating, financial and monetary decisions of MAPS Borrower, LLC, MAPS TopCo Holdings, LLC, MAPS Equity Holdings, LLC, MAPS Intermediate Holdings I, LLC, MAPS DC-1, LLC, MAPS FC-1, LLC, MAPS Intermediate Holdings II, LLC, MAPS DC-2,LLC, MAPS FC-2, LLC, MAPS Intermediate Holdings III, LLC, MAPS DC-3, LLC, MAPS FC-3, LLC, MAPS Intermediate Holdings IV, LLC, MAPS DC-4, LLC, and MAPS FC-4, LLC (each a "Subsidiary", and collectively, the "Subsidiaries"). The primary purpose of the Subsidiaries is to facilitate the holding of certain investments of the Fund.

**2. FAIR VALUE MEASUREMENTS** 

**Investment Valuation** – The Fund's Board has adopted procedures pursuant to which the Fund will value its investments (the "Valuation Policy and Procedures"). In accordance with the Valuation Policy and Procedures, the Fund's portfolio investments for which market quotations are readily available are valued at market value. Investments for which market quotations are not readily available or are deemed to be unreliable are valued at fair value as determined in good faith pursuant to Rule 2a-5 under the 1940 Act. As permitted by Rule 2a-5 under the 1940 Act, the Board has designated the Adviser as the Fund's valuation designee ("Valuation Designee") to perform fair value determinations relating to all portfolio investments. The Adviser carries out its designated responsibilities as Valuation Designee through various teams pursuant to the Valuation Policy and Procedures which govern the Valuation Designee's selection and application of methodologies and independent pricing services for determining and calculating the fair value of portfolio investments. The Valuation Designee will fair value portfolio investments utilizing inputs from various external and internal sources including, but not limited to, independent pricing services, dealer quotation reporting systems, independent third-party valuation firms and proprietary models and information. When determining the fair value of an investment, one or more fair value methodologies may be used. Fair value determinations will be based upon all available factors that the Valuation Designee deems relevant at the time of the determination. The Fund uses net asset value ("NAV") as a practical expedient to determine the fair value of its Portfolio Funds. Fair valuation involves subjective judgments, and it is possible that the fair value determined for an investment may differ materially from the value that could be realized upon the sale of the investment.

All forward foreign currency exchange contracts are typically valued at their quoted prices obtained from an independent pricing service.

**Fair Value Measurements** – In accordance with Accounting Standards Codification ("ASC") Topic 820 – Fair Value Measurement and Disclosures, a three-tier hierarchy has been established to classify fair value measurements for disclosure purposes. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability that are developed based on market data obtained from sources independent of the reporting entity. Unobservable inputs are inputs that reflect the reporting entity's own assumptions about the assumptions market participants would use in pricing the asset or liability that are developed based on the best information available. In accordance with the authoritative guidance on fair value measurements and disclosure under accounting principles generally accepted in the United States of America ("GAAP"), the Fund discloses fair value of its investments in a hierarchy that prioritizes the inputs to valuation techniques used to measure the fair value, as follows:

------

**Apollo S3 Private Markets Fund** 

**Notes to Consolidated Schedule of Investments (continued)** 

June 30, 2025 (Unaudited)

---

| | |
|:---|:---|
| Level 1 – | Unadjusted quoted prices in active markets for identical, unrestricted assets or liabilities that the Fund has the ability to access at the measurement date; |
| Level 2 – | Quoted prices which are not active, quoted prices for similar assets or liabilities in active markets or inputs other than quoted prices that are observable (either directly or indirectly) for substantially the full term of the asset or liability at the measurement date; and |
| Level 3 – | Significant unobservable prices or inputs (including the Fund's own assumptions in determining the fair value of investments) where there is little or no market activity for the asset or liability at the measurement date. |

---

The availability of observable inputs can vary from investment to investment and is affected by a wide variety of factors, including, for example, the type of investment, whether the investment is new and not yet established in the marketplace, and the liquidity of markets and other characteristics particular to the investment. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3.

An investment level within the fair value hierarchy is based on the lowest level input, individually or in the aggregate, that is significant to fair value measurement. The valuation techniques used by the Fund to measure fair value during the period ended June 30, 2025 maximized the use of observable inputs and minimized the use of unobservable inputs.

Portfolio Funds measure their investment assets at fair value and generally report a NAV on a calendar quarterly basis. In accordance with ASC 820, the Fund has elected to apply the practical expedient methodology to value its investments in Portfolio Funds at their respective NAVs typically at each quarter, which may be received on a delayed basis.

Investments in Portfolio Funds generally are restricted securities that are subject to substantial holding periods and are not traded in public markets. Accordingly, the Fund may not be able to resell or realize some of its investments for extended periods, which may be several years. The types of Portfolio Funds that the Fund may make investments in include Primary and Secondary Investments

The fair value relating to certain underlying investments of these Portfolio Funds, for which there is no public market, has been estimated by the manager of each Portfolio Fund and is based upon available information in the absence of readily ascertainable fair values and does not necessarily represent amounts that might ultimately be realized. Due to the inherent uncertainty of valuation, those estimated fair values may differ from the values that would have been used had a public market for the investments existed.

The inputs or methodologies used for valuing investments are not necessarily an indication of the risk or liquidity associated with such investments. The following is a summary of the inputs used in valuing the Fund's investments as of June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments** | **Level 1 –<br>Quoted Prices** | **Level 2 –<br>Significant**<br>**Observable Inputs** | **Level 3 –<br>Significant<br>Unobservable<br>Inputs** | **Total** |
|  Cash and cash equivalents | $2992797 | $— | $— | $2992797 |
|  Membership Interests |  |  | 15000 | 15000 |
|  Short-Term Investments | 120193351 |  |  | 120193351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | $123186148 | $— | $15000 | $123201148 |
| **Other Financial Instruments** |  |  |  |  |
| **Liabilities:** |  |  |  |  |
|  Forward Foreign Currency Contracts | $— | $(801019) | $— | $(801019) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total | $— | $(801019) | $— | $(801019) |

---

*Other financial instruments are derivative instruments reflected in the Consolidated Schedule of Investments. The derivatives shown in this table are reported at their unrealized appreciation/(depreciation) at measurement date, which represents the change in the contracts' value.* 

The Fund held Portfolio Funds with a fair value of $155,344,408, that in accordance with ASC 820, are excluded from the fair value hierarchy as of June 30, 2025, as investments in Portfolio Funds valued at NAV, as a "practical expedient", are not required to be included in the fair value hierarchy.

The following is a reconciliation of Level 3 holdings for which significant unobservable inputs were used in determining fair value as of June 30, 2025:

---

| | | |
|:---|:---|:---|
|  | **Total** | **Membership<br>Interest** |
|  Total Fair Value, beginning of period | $15000 | $15000 |
|  Purchases |  |  |
|  Transfer into Level 3 |  |  |
|  Transfer out of Level 3 |  |  |
|  Total Fair Value, end of period | $15000 | $15000 |

---

------

**Apollo S3 Private Markets Fund** 

**Notes to Consolidated Schedule of Investments (continued)** 

June 30, 2025 (Unaudited)

The table below summarizes information about the significant unobservable inputs used in determining the fair value of the Level 3 assets as of June 30, 2025:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Fair Value at<br>June 30, 2025** | **Valuation Technique(s)** | **Unobservable Input(s)** | **Range of Unobservable<br>Input(s) Utilized** | **Weighted<br>Average<br>Unobservable<br>Input(s)** |
|  Membership Interest | $15000 | Transaction Approach<sup>(a)</sup> | Cost<sup>(a)</sup> | N/A | N/A |
|  Total Fair Value | $15000 |  |  |  |  |

---

(a) The Fund utilized a recent transaction, specifically purchase price, to fair value this investment.

**3. COMMITMENTS AND CONTINGENCIES** 

As of June 30, 2025, the Fund had unfunded commitments to private equity investments totaling $82,963,012. The Fund may commit to an investment that has yet to fund because the applicable deal has not closed. Additionally, the Adviser or its affiliates may commit to an investment that it intends to allocate to the Fund for which certain terms are not yet finalized at the time of the commitment and, as such, the Fund's allocation may change prior to the date of funding. In this regard, the Fund may have to fund additional commitments in the future that it is currently not obligated to fund. Such investments are not included in the unfunded commitments amount above.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Apollo S3 Private Markets Fund

- **b. Investment Company Act file number:** 811-23878

- **c. CIK number of Registrant:** 0001978024

- **d. LEI of Registrant:** 529900543B82HUUGFI36

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 9 West 57th Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** 212-515-3450

**Item A.2. Information about the Series.**

- **a. Name of Series:** Apollo S3 Private Markets Fund

- **c. LEI of Series:** 529900543B82HUUGFI36

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $274112302.27

**Total Liabilities:** $5812489.88

**Net Assets:** $268299812.39

**Amount of Assets Invested in Other Investment Companies:** $20092623.61

**Cash Not Reported:** $2992796.71

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.11%                | 1.73%                | 0.05%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $727069.08                                 |
| Month 2  | $0.00                    | $4130441.88                                |
| Month 3  | $0.00                    | $1280705.54                                |

### Schedule of Portfolio Investments

| Name                                                       | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   | Balance   | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| APH Extended Value Fund H LP                               | APH Extended Value Fund H LP                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | PF                | US        |  | OU      | $16536442.56  | 6.16%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Ambienta Water Pumps, SCSp                                 | Ambienta Water Pumps, SCSp                                   | CUSIP: 000000000<br>LEI: 894500RWIU0GPB9DAJ29 | Long             |  | PF                | LU        |  | OU      | $11786598.57  | 4.39%             |  |  |  | Yes           | N/A                | On Loan: No      |
| FPLF Management (Feeder) LLC - Class A                     | FPLF Management (Feeder) LLC - Class A                       | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | CORP              | US        | 30        | NS      | $15000.00     | 0.01%             |  |  |  | Yes           | 3                  | On Loan: No      |
| State Street Institutional US Government Money Market Fund | State Street Institutional U.S. Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        | 120193351 | NS      | $120193350.78 | 44.80%            |  |  |  | No            | 1                  | On Loan: No      |
| New Mountain SRC Continuation Fund, L.P.                   | New Mountain SRC Continuation Fund, L.P.                     | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | PF                | US        |  | OU      | $5372074.00   | 2.00%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Bloom I Co-Investment LP                                   | Bloom I Co-Investment LP                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | PF                | US        |  | OU      | $20092604.28  | 7.49%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Mizuho Capital Markets, LLC                                | PURCHASED USD / SOLD EUR                                     | CUSIP: 000000000<br>LEI: OV6W8S6QX2D1J857QP30 | N/A              | DFE              |  | US        | 1         | NC      | $-768692.37   | -0.29%            |  |  |  | No            | 2                  | On Loan: No      |
| ARDIAN Expansion Syclef Continuation Fund S.L.P.           | ARDIAN Expansion Syclef Continuation Fund S.L.P.             | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | PF                | FR        |  | OU      | $9986353.44   | 3.72%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Noteus Partners Centaur SLP                                | Noteus Partners Centaur SLP                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | PF                | FR        |  | OU      | $9601446.77   | 3.58%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Bain Capital Beacon Holdings, L.P.                         | Bain Capital Beacon Holdings, L.P.                           | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | PF                | US        |  | OU      | $6548718.25   | 2.44%             |  |  |  | Yes           | N/A                | On Loan: No      |
| GCP Strategic Partners Fund I Feeder, L.P.                 | GCP Strategic Partners Fund I Feeder, L.P.                   | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | PF                | US        |  | OU      | $8557256.26   | 3.19%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Mizuho Capital Markets, LLC                                | PURCHASED USD / SOLD EUR                                     | CUSIP: 000000000<br>LEI: OV6W8S6QX2D1J857QP30 | N/A              | DFE              |  | US        | 1         | NC      | $-12600.38    | -0.00%            |  |  |  | No            | 2                  | On Loan: No      |
| Trinity Ventures 2024, L.P.                                | Trinity Ventures 2024, L.P.                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | PF                | US        |  | OU      | $17795036.14  | 6.63%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Strategic Value SH 130-A, L.P.                             | Strategic Value SH 130-A, L.P.                               | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | PF                | US        |  | OU      | $8236885.86   | 3.07%             |  |  |  | Yes           | N/A                | On Loan: No      |
| BAH Forefront, L.P.                                        | BAH Forefront, L.P.                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | PF                | US        |  | OU      | $12445628.16  | 4.64%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Vista Equity Partners Hubble, L.P.                         | Vista Equity Partners Hubble, L.P.                           | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | PF                | US        |  | OU      | $13310772.67  | 4.96%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Mizuho Capital Markets, LLC                                | PURCHASED USD / SOLD EUR                                     | CUSIP: 000000000<br>LEI: OV6W8S6QX2D1J857QP30 | N/A              | DFE              |  | US        | 1         | NC      | $-19726.67    | -0.01%            |  |  |  | No            | 2                  | On Loan: No      |
| ECP R&T Feeder Fund, L.P.                                  | ECP R&T Feeder Fund, L.P.                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             |  | PF                | US        |  | OU      | $5253873.00   | 1.96%             |  |  |  | Yes           | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2025-08-18

**Name of Applicant:** Apollo S3 Private Markets Fund

**Signature:** Michael Rucker

**Name of Signer:** Michael Rucker

**Title:** Treasurer and Chief Financial Officer