Apogem Capital LLC is an investment advisory firm that manages commingled and single-investor private funds, as well as separately managed accounts. Apogem focuses primarily on private equity and private credit strategies, including senior secured loans, mezzanine debt, co-investments, secondary market investments, real assets, and general partner stakes. The firm operates as an indirect wholly-owned subsidiary of New York Life Insurance Company. Apogem provides its investment management services on a discretionary or non-discretionary basis primarily to institutional clients, pension plans, endowments, and high net worth individuals who meet specific accredited investor and qualified purchaser requirements.
Fee Structure
Apogem Capital LLC charges management fees and, in some cases, performance-based allocations depending on the specific fund or account:
- Management fees — Up to 2.0% for funds and up to 1.0% for managed accounts, typically based on capital commitments, invested capital, or portfolio value.
- Performance allocations — Certain funds and managed accounts pay a performance allocation or carried interest of up to 20.0% of portfolio value above a certain threshold.