Spencer J. Propper – Apollo Diversified Real Estate Fund

Spencer J. Propper

Portfolio Manager

Spencer Propper serves as one the Fund’s Portfolio Managers. Mr. Propper has served as a member of the Investment Committee of the Adviser since its formation in 2014 and he is also a Partner at Apollo Global Management, Inc.

Career Summary

Previously, Mr. Propper served as Managing Director of Griffin Capital Company, LLC and Chief Operating Officer of Griffin Capital Asset Management Company, LLC. Prior to his roles with the Fund and the Adviser, Mr. Propper was a Director at Lakemont Group, a boutique real estate investment banking and consulting firm. Within this role Mr. Propper provided portfolio management services to the Bluerock Total Income+ Real Estate Fund. Additionally, at the Lakemont Group, Mr. Propper was responsible for overseeing projects for a variety of clients including pension funds, private equity firms and publicly traded real estate companies and specialized in structured finance, market analysis and strategic due diligence.

Education

Masters of Business Administration, University of Central Florida
Bachelor of Science in Finance and Real Estate, University of Central Florida

Effective May 2, 2022, Griffin Institutional Access^® Real Estate Fund has been renamed Apollo Diversified Real Estate Fund.

Past performance is not indicative of future results. Investment return and the principal value of an investment will fluctuate. Shares may be worth more or less than original cost when redeemed.

Apollo Diversified Real Estate Fund (the “Fund”) is a closed-end interval fund. Limited liquidity is provided to shareholders only through the Fund’s quarterly repurchase offers for no less than 5% and no more than 25% of the Fund’s shares outstanding at net asset value. The Fund is only suitable for investors who can bear the risks associated with the limited liquidity of the Fund and should be viewed as a long-term investment. There is no secondary market for the Fund’s shares and none is expected to develop.

An investment in Apollo Diversified Real Estate Fund is not a direct investment in real estate and the Fund does not own the properties listed. The properties listed are a representative sample of properties owned by the underlying private investment funds in which the Fund is invested at the time of compilation. Holdings are subject to change without notice.

This website is neither an offer to sell nor the solicitation of an offer to buy any security. Only the prospectus can make such an offer. Therefore, a copy of the prospectus must be made available to you in connection with the offering. This marketing material must be read in conjunction with the prospectus in order to understand fully all of the implications and risks of the offering of securities to which it relates. Because it is a summary, it may not contain all of the information that is important to you. To understand the Apollo Diversified Real Estate Fund offering fully, you should read the entire prospectus and Risk Factors carefully to make an investment. Use of this website is subject to its Terms and Conditions and Privacy Policy.

Apollo Global Management, Inc.
18191 Von Karman Avenue
Suite 300
Irvine, CA 92612
949.270.9300

Griffin Capital Securities, LLC, Member FINRA/SIPC, is a subsidiary of Apollo Global Management, Inc. ALPS Distributors, Inc. (1290 Broadway, Suite 1000, Denver, CO 80203, Member FINRA) is the distributor of Apollo Diversified Real Estate Fund. Apollo Global Management and ALPS Distributors, Inc. are not affiliated.

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Spencer J. Propper

Portfolio Manager

Career Summary

Education