AP Alternative Assets, L.P. (Euronext Amsterdam: AAA) announced today that AAA Investments, L.P. (a vehicle through which AP Alternative Assets makes investments in certain private equity and capital markets funds sponsored and managed by Apollo, and in which AP Alternative Assets is currently the sole limited partner) has established a new five-year $900 million asset-backed credit facility. The new credit facility was arranged by Citigroup Global Markets Inc., J.P. Morgan Securities Inc., Credit Suisse Securities (USA) LLC and Goldman Sachs Credit Partners L.P.

This announcement does not constitute or form part of an offer to sell or solicitation of an offer to purchase or subscribe for securities issued by AP Alternative Assets, L.P. in the United States or in any other jurisdiction. No such securities have been or will be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the securities laws of any other jurisdiction, and such securities may not be offered or sold in the United States or in any other jurisdiction absent registration or pursuant to an applicable exemption from the registration requirements of the Securities Act or from the registration requirements in any such other jurisdiction. No public offering of AP Alternative Assets' securities has been or is being made in the United States or in any other jurisdiction.

About AAA
AP Alternative Assets was established by Apollo and is a closed-end limited partnership established under the laws of Guernsey. Apollo is a leading private equity and capital markets investor with 17 years of experience investing across the capital structure of leveraged companies. AP Alternative Assets is managed by Apollo Alternative Assets and invests in and co-invests with Apollo’s private equity and capital markets investment funds.