Apollo S3 Private Markets Fund
Sponsored by Apollo. Tender-Offer Fund structure focused on private equity.
Tender-Offer FundPrivate Equity
- Net assets
- $470.0M
source
Shareholder report (Form N-CSR) · filed 2026-06-02 · period 2026-03-31
per-class statement blocks (V5 family, non-FS filer agent)
“Class I: NA $331,578,320 (x1), 10,626,163 sh, NAV $31.20 | Class I2: NA $138,432,644 (x1), 4,436,380 sh, NAV $31.20”
Method Matched text template against the filing
Open the filing on SEC.gov · Full observation history
Technical locator
as of 2026-03-31 - NAV / share
- $31.20
source
Shareholder report (Form N-CSR) · filed 2026-06-02 · period 2026-03-31
per-class statement blocks (V5 family, non-FS filer agent), Class I
“Class I: NA $331,578,320 (x1), 10,626,163 sh, NAV $31.20 | Class I2: NA $138,432,644 (x1), 4,436,380 sh, NAV $31.20”
Method Matched text template against the filing
Open the filing on SEC.gov · Full observation history
Technical locator
Canonical (canonical class) · 2026-03-31 - Net flows, last qtr
- +6.7% qtr ended 2026-03-31
- Leverage in use
- Not captured not captured
- Total return, 12m
- +14.3% computed from NAV + distributions
What changed in the latest filings.
Current findings ordered by severity. Each observation remains traceable to its filed source.
No current Urgent or Notify findings in filings reviewed through 2026-07-02.
How the fund has moved.
Net asset value, total return, capital flows, and distribution coverage across the filing record.
What moved inside the book.
Filed portfolio-health facts and position changes. Missing disclosures stay visibly missing.
| Date | Position change |
|---|---|
| 2025-12-31 | New position BP Ace CV, L.P.: 1.2% of portfolio value ($4,868,875) as of 2025-12-31; absent from the 2025-09-30 report. |
| 2025-12-31 | New position BSP Equinox Investors Feeder (Offshore) L.P.: 10.2% of portfolio value ($42,536,360) as of 2025-12-31; absent from the 2025-09-30 report. |
| 2025-12-31 | New position CVC Capital Partners Locron (A) SCSp: 3.3% of portfolio value ($13,599,153) as of 2025-12-31; absent from the 2025-09-30 report. |
| 2025-12-31 | New position FTAI Aircraft Leasing Offshore SPV (2025) L.P.: 1.4% of portfolio value ($5,805,452) as of 2025-12-31; absent from the 2025-09-30 report. |
| 2025-12-31 | New position Golden Gate Capital Opportunity Fund-A, LP: 3.1% of portfolio value ($12,937,342) as of 2025-12-31; absent from the 2025-09-30 report. |
| 2025-12-31 | New position Iaso Fund, L.P.: 1.5% of portfolio value ($6,210,251) as of 2025-12-31; absent from the 2025-09-30 report. |
| 2025-12-31 | New position Kinderhook Capital Waste CV, L.P.: 1.7% of portfolio value ($7,236,762) as of 2025-12-31; absent from the 2025-09-30 report. |
| 2025-12-31 | New position NewView Capital Portfolio Select 2025, L.P.: 1.1% of portfolio value ($4,566,050) as of 2025-12-31; absent from the 2025-09-30 report. |
| 2025-12-31 | New position Riverstone Iris Continuation Fund, L.P.: 2.2% of portfolio value ($9,099,676) as of 2025-12-31; absent from the 2025-09-30 report. |
| 2025-12-31 | New position Stone Point CV, L.P.: 1.0% of portfolio value ($4,319,449) as of 2025-12-31; absent from the 2025-09-30 report. |
| 2025-12-31 | New position TDR Capital Titan L.P.: 2.4% of portfolio value ($10,025,382) as of 2025-12-31; absent from the 2025-09-30 report. |
| 2025-09-30 | New position Blue Owl GP Stakes Atlas Fund III Offshore Investors LP: 1.5% of portfolio value ($5,000,000) as of 2025-09-30; absent from the 2025-06-30 report. |
Where exit demand met the cap.
Stated cap: 5% of shares/quarter. The disclosed history shows no rationed period.
| Period | Requested | Filled | Cap used | Status |
|---|---|---|---|---|
| 2026-03-16 | 0.8% | 100% | 16% | filled |
| 2025-12-15 | 0.1% | 100% | 2% | filled |
| 2025-09-15 | 0.0% | 100% | 1% | filled |
How the balance sheet is funded.
Borrowings, unused capacity, and synthetic exposure are separated so unlike risks do not collapse into one ratio.
No structured financing components have been captured for this fund.
How the offering is divided.
A filed share-class breakdown and terms-based role descriptions. This is not an estimate of who owns the fund.
No filed share-class terms have been captured for this fund; ownership type is therefore not inferred.
Management fee: 1.50% of net assets per year. source. Pursuant to the Advisory Agreement, the Fund will pay the Adviser an annual rate of 1.50% based on the value of the Fund's net assets, calculated and accrued monthly as of the last business day of each month, prior to inclusion of the Management Fee itself and prior to any reduction for the Fund's other fees and expenses for that month.
The evidence beneath the page.
Filed terms and recent documents remain available without crowding the primary research flow.
Term register (2)
| Term | Description | Value | Effective |
|---|---|---|---|
| advisory_fee_schedule | Pursuant to the Advisory Agreement, the Fund will pay the Adviser an annual rate of 1.50% based on the value of the Fund's net assets, calculated and accrued monthly as of the last business day of each month, prior to inclusion of the Management Fee itself and prior to any reduction for the Fund's other fees and expenses for that month. | 1.5 pct_annual_of_net_assets | Date not captured |
| repurchase_program_terms | Discretionary quarterly tender offer program: the Fund's Schedule TO offers have consistently stated up to 5% of Shares outstanding per quarter (most recently confirmed 2026-06-15). Apollo S3 Private Markets Fund | 5.0 pct_of_shares_outstanding_per_quarter | Date not captured |
Recent filings
| Filed | Form | Accession |
|---|---|---|
| 2026-06-02 | N-CSR | 0001193125-26-253870 |
| 2026-05-29 | NPORT-P | 0001410368-26-056058 |
| 2026-05-15 | SC TO-I | 0001193125-26-226832 |
| 2026-05-04 | SC TO-I/A | 0001193125-26-204087 |
| 2026-02-27 | NPORT-P | 0001410368-26-020215 |
| 2026-02-13 | SC TO-I | 0001193125-26-051365 |
| 2026-02-10 | SC TO-I/A | 0001193125-26-044678 |
| 2025-12-01 | N-CSRS | 0001193125-25-304008 |
| 2025-11-26 | NPORT-P | 0001410368-25-031865 |
| 2025-11-14 | SC TO-I | 0001193125-25-282883 |
| 2025-11-06 | SC TO-I/A | 0001193125-25-269570 |
| 2025-08-27 | NPORT-P | 0001752724-25-208399 |
| 2025-08-15 | SC TO-I | 0001193125-25-181861 |
| 2025-06-04 | N-CSR | 0001193125-25-135008 |
| 2025-05-29 | NPORT-P | 0001752724-25-129071 |