APC Asset Development II manages investments primarily in senior secured debt obligations, focusing on collateralized loan obligations (CLOs). APC Development II provides investment management services to institutional clients and generally has the authority to determine which investments are bought and sold. APC Development II utilizes the investment staff and systems of Aristotle Pacific Capital, LLC.
Fee Structure
APC Asset Development II manages investments for institutional clients, primarily in collateralized loan obligations (CLOs). APC Development II receives a collateral management fee at an annual rate based on the collateral principal balance of the CLO, payable quarterly. APC Development II may also be paid an incentive fee from a CLO that is dependent upon achieving target returns for junior and/or equity noteholders.