Apolis

Apolis is a Monaco-based family office with a global investment mandate, specializing in the management of private wealth across generations. The firm employs a disciplined, principles-based value investing approach, complemented by conservative risk and liquidity management systems. Their primary objective is to preserve family wealth through various economic cycles, volatility regimes, and low-probability events, focusing on delivering consistent, above-average real returns.

The firm's investment philosophy emphasizes moderate risk with a focus on stable cash flow yield generation, capital preservation, and diversification ahead of yield maximization. Apolis actively avoids negatively skewed asymmetric payoffs and illiquid or non-marketable investments in its public securities portfolio. They also prioritize optimizing return-per-unit-of-volatility metrics. The name "Apolis" stems from the Greek word meaning "citizen of no city (country)," reflecting their investment philosophy of a diverse team with flexible views and global reach in private and public capital markets, free from personal attachments, biases, or regrets.

Apolis manages a diversified portfolio that includes both plain vanilla and non-conventional fixed income instruments, as well as direct private credit transactions. They exclusively pursue credit and co-investments, targeting mission-critical service industries and government contracts, which are considered more resilient to market changes. The firm's mission is to deliver consistent real returns through a combination of high-yielding private credit transactions and liquid marketable debt instruments.

The firm is led and managed by a team of established investment professionals with extensive experience in public and private capital markets across developed and emerging geographies. Key team members include Evgeny Denisenko, Managing Director; Ilya Gertsberg, Managing Director and CIO; and Alexey Zarochentsev, Portfolio Manager. This diverse expertise provides Apolis with an enhanced edge and flexibility in navigating financial markets.