# Apollo Nontraded BDC’s Aggregate NAV Falls to $13.5B as Leverage Climbs

Canonical page: https://sequoia-research.com/news/apollo-nontraded-bdc-s-aggregate-nav-falls-to-13-5b-as-leverage-climbs-0e8d7b4d

Author: Sequoia Research
Published: 2026-10-21T03:22:58.745Z
Updated: 2026-10-24T02:41:37.090Z
Original source: [AltsWire](https://altswire.com/apollo-nontraded-bdcs-aggregate-nav-falls-to-13-5b-as-leverage-climbs/)
Source published: 2026-10-20T21:00:42.000Z
Type: News
Topics: Alternative Investments

Apollo Debt Solutions BDC reported $13.5 billion in aggregate net asset value at September 30, compared with $14.6 billion at the end of May, according to AltsWire. September NAV per share was $23.78, down from August's $23.84. Debt-to-equity leverage reached approximately 0.96 times, versus 0.73 times at March 31.

The update follows a third consecutive quarter of repurchase limits. Third-quarter requests covered about 14.7% of outstanding shares, while the fund limited purchases to 5% of shares. At September-end, its $25.5 billion investment portfolio spanned 377 companies. Nonaccrual investments represented approximately 1.1% of portfolio cost and 0.6% of fair value.

[Read the original](https://altswire.com/apollo-nontraded-bdcs-aggregate-nav-falls-to-13-5b-as-leverage-climbs/)

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