Apollo Infrastructure Co. LLC

09/25/2026 | Press release | Distributed by Public on 09/25/2026 13:30

Net Asset Value (Form 8-K)

Net Asset Value

We calculate net asset value per share in accordance with valuation policies and procedures that have been approved by the board of directors. GAAP net asset value ("GAAP Net Asset Value") is the net asset value determined in accordance with accounting principles generally accepted in the United States of America ("GAAP"). Transactional Net Asset Value is calculated by adjusting GAAP Net Asset Value as of each relevant valuation date for some or all of the following, as applicable, (i) the recognition of the shareholder servicing fees and distribution fees on a monthly basis as such fees are accrued, (ii) the exclusion of certain deferred tax liabilities that, although required to be recognized under GAAP, are not expected to be incurred by the Company based on anticipated income, available deductions and the timing of realization events, and (iii) the amortization of certain organizational and offering expenses over a 60-month period. The following table provides a breakdown of the major components of Transactional Net Asset Value as of August 31, 2026 ($ in thousands, except shares):

Components of Transactional Net Asset Value

Investments at fair value (cost of $2,074,842)

$

2,312,434

Cash and cash equivalents

156,087

Foreign currencies at fair value (cost of $2,335)

2,348

Other assets

49,971

Derivative assets

2,612

Derivative liabilities

(8,602)

Other liabilities

(364,978)

Accrued performance fee

(7,941)

Management fee payable

(3)

Transactional Net Asset Value

$

2,141,928

Number of outstanding shares

71,784,401

The following table provides a breakdown of total Transactional Net Asset Value and Transactional Net Asset Value per share by type as of August 31, 2026 ($ in thousands, except shares and per share data):

Type

Monthly Transactional Net Asset Value

Number of Outstanding Shares

Transactional Net Asset Value per Share

Series I

A-II Shares

$

434,390

14,865,814

$

29.22

F-I Shares

$

82,191

2,868,077

$

28.66

V Shares

$

1

40

$

25.00

E Shares

$

2,656

89,262

$

29.75

I Shares

$

80,508

2,816,616

$

28.58

S Shares

$

3

110

$

28.55

Series II

A-II Shares

$

1,448,686

47,988,484

$

30.19

F-I Shares

$

74,319

2,510,133

$

29.61

V Shares

$

1

40

$

25.00

E Shares

$

1,993

64,809

$

30.75

I Shares

$

17,177

580,906

$

29.57

S Shares

$

3

110

$

29.53

Total

2,141,928

71,784,401

Reconciliation of Transactional Net Asset Value to GAAP Net Asset Value

The following table reconciles Transactional Net Asset Value to GAAP Net Asset Value as of August 31, 2026 ($ in thousands):

As of August 31, 2026

GAAP Net Asset Value

$

2,122,287

Adjustment:

Accrued shareholder servicing fees and distribution fees(1)

-

Deferred tax liabilities (2)

19,641

Amortization of certain organizational and offering expenses (3)

-

Transactional Net Asset Value

$

2,141,928

(1) Represents an adjustment to reflect shareholder servicing fees and distribution fees related to Series I and Series II Class S Shares and Class F-S Shares sold as they are accrued on a monthly basis.

(2) Represents the exclusion of certain deferred tax liabilities that, although required to be recognized under GAAP, are not expected to be incurred by the Company based on anticipated income, available deductions and the timing of realization events.

(3) Represents amortization of certain organizational and offering costs over a 60-month period.

Apollo Infrastructure Co. LLC published this content on September 25, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on September 25, 2026 at 19:30 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]