Apollo Principal Holdings B, L.P. 4
4 · Apollo S3 Private Markets Fund · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
Apollo S3 Private Markets Fund — Apollo Principal Holdings B, L.P. Transfers Shares
What Happened
Apollo Principal Holdings B, L.P. (identified as a 10% owner/affiliate of the fund adviser) reported a non‑market transfer on 2026-04-29: a disposition of 23,622.078 shares and an acquisition of 5,082.814 shares of Apollo S3 Private Markets Fund, each at $0.00 (total value $0). The filing indicates these were transfers for no consideration rather than open‑market purchases or sales.
Key Details
- Transaction date: 2026-04-29; filing date: 2026-05-01 (timely Form 4).
- Reported as "Other acquisition or disposition (J)" — both a disposal (23,622.078 shares) and an acquisition (5,082.814 shares) at $0.00 per share.
- Shares owned after the transaction: not specified in the filing.
- Important footnotes:
- F1: Adviser/affiliates may transfer up to 3% of eligible investors' shares; this reflects a transfer by Apollo Principal Holdings B, L.P. to eligible investors for no consideration.
- F2–F5: Securities are held directly by related entities; various affiliated entities disclaim beneficial ownership except for any pecuniary interest.
- No sign of option exercise, withholding, or a 10b5-1 sale plan; this was an internal transfer, not a market sale.
Context
- These transfers appear to be an internal distribution/allocation to eligible investors (per footnote), not a cash sale on the open market. Such no‑consideration transfers often reflect administrative or investor‑allocation actions and do not necessarily indicate the affiliate’s view of the fund’s prospects.
- As a 10% owner and affiliate of the fund adviser, Apollo Principal Holdings B, L.P. is an institutional entity; this filing documents affiliate transfers rather than individual insider trading.
Insider Transaction Report
Form 4
Apollo Principal Holdings B, L.P.
10% Owner
Transactions
- Other
Class I Shares of Beneficial Ownership
[F1][F2][F4]2026-04-29−23,622.078→ 1,153,712.93 total(indirect: See Footnote) - Other
Class I Shares of Beneficial Ownership
[F5][F3][F4]2026-04-29+5,082.814→ 2,038,208.27 total(indirect: See Footnote)
Footnotes (5)
- [F1]Apollo S3 RIC Management, L.P. (the "Adviser") and/or its affiliates may purchase shares on behalf of investors (or deliver to such investors shares from the assets of the Adviser or its affiliates) that contributed capital to Apollo S3 Private Markets Fund (the "Fund") by June 30, 2025, up to 3% of such investors' shares. This transaction reflects a transfer by Apollo Principal Holdings B, L.P., an affiliate of the Adviser, to the eligible investors described above for no consideration.
- [F2]These securities are held directly by Apollo Principal Holdings B, L.P.
- [F3]These securities are held directly by Apollo S3 Holdings (ASPM AIV), L.P., which received shares as part of the transaction noted in footnote (1) above. Apollo S3 Advisors, L.P. is the general partner of Apollo S3 Holdings (ASPM AIV), L.P. The general partner of Apollo S3 Advisors, L.P. is Sliders Advisors GP, LLC. The sole member of Sliders Advisors GP, LLC is APH Holdings (DC), L.P.
- [F4]Apollo Principal Holdings B GP, LLC is the general partner of each of Apollo Principal Holdings B, L.P. and APH Holdings (DC), L.P. The sole member of Apollo Principal Holdings B GP, LLC is APO Corp. Each of Apollo S3 Advisors, L.P., Sliders Advisors GP, LLC, APH Holdings (DC), L.P., Apollo Principal Holdings B, L.P., Apollo Principal Holdings B GP, LLC and APO Corp. disclaims beneficial ownership of these securities, except to the extent of their pecuniary interest therein, if any, and the filing of this report shall not be construed as an admission that any such person or entity is the beneficial owner of any such securities for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F5]Reflects shares acquired in the transaction noted in footnote (1) above.