UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Apollo Advisors, L.P.
Address: Two Manhattanville Road
Purchase, New York 10577
Form 13F File No.: 28-4216
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables are considered integral parts of this form.
Persons Signing this Report on Behalf of Reporting Manager:
Name: Apollo Capital Management, Inc.
Title: General Partner of Reporting Manager
Name: Michael D. Weiner, Esq.
Title: Vice Pres., Apollo Capital Management, Inc.
Phone: 310-201-4122
Signature, Place, and Date of Signing:
By: Apollo Capital Management, Inc. Los Angeles, CA May 14, 1999
By: Michael D. Weiner Los Angeles, CA May 14, 1999
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES ACT OF 1934.
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FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 34
Form 13F Information Table Value Total (x$1000): $1,293,390,000
List of Other Included Managers:
No. 13F File Number Name
01 28-4194 Apollo Investment Fund, L.P.
02 28-4214 Lion Advisors, L.P.
<PAGE>
* Fair market value is based on the closing prices of the securities, as
of March 31, 1999 reported for composite transactions in New York Stock
Exchange- and American Stock Exchange-listed securities and transac-
tions in the Nasdaq National Market, and closing quotations for Nasdaq
Small-Cap issuers.
** The Reporting Manager does not have formal investment discretion with
respect to the securities in the indicated rows, but may be deemed to
be part of a group exercising such investment discretion. Such group,
if any, would include the manager identified in the column captioned
"Other Managers" relating to a given issuer. The filing of this report
shall not be deemed an admission, for purposes of Section 13(f), 13(d),
13(g), or 16(a) under the Securities Exchange Act of 1934, as amended,
and the rules thereunder, or for any other purpose, that the Reporting
Manager or any Other Included Manager exercises investment discretion
or is a member of such a group with respect to such securities.
The filing of this report shall not be deemed an admission, for
purposes of Section 13(f), 13(d), 13(g), or 16(a) under the Securities Ex-
change Act of 1934, as amended, and the rules thereunder, or for any other
purpose, that the Reporting Manager or any other person (including Other
Included Managers named herein) is the beneficial owner of any securities.
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FORM 13F INFORMATION TABLE
CUSIP ValueShares/ Sh/Put/InvstmtOther Voting Authority
Name of Issuer Title of Class Number (x$1000Prn Amt PrnCallDscretnManager Sole ShrdNone
Allied Waste Industries Inc. Com Par $.01 New 019589308 247164 17119579Sh Defined ** 17119579 0 0
Apartment Invt & Mgmt Co Pfd Conv Cl E 03748R606 24500 675868Sh Defined ** 675868 0 0
CB Richard Ellis Svcs Inc Com 12489L108 8462 512839Sh Defined ** 512839 0 0
Central Pkg Corp Com 154785109 115459 3346627Sh Defined ** 3346627 0 0
Converse Inc Del Com 212540108 16842 5614054Sh Defined 2 ** 5614054 0 0
Converse Inc Del Com 212540108 16849 5616301Sh Defined 1 5616301 0 0
DecisionOne Hldgs Corp Com 243458106 1468 810117Sh Defined ** 810117 0 0
First Industrial Realty Trust Com 32054K103 1027 42921Sh Defined ** 42921 0 0
First Un RE Eq & Mtg Invsts Sh Ben Int 337400105 9345 2135980Sh Defined ** 2135980 0 0
Florsheim Shoe Co Com 343302105 15439 2807018Sh Defined 2 ** 2807018 0 0
Florsheim Shoe Co Com 343302105 15445 2808142Sh Defined 1 2808142 0 0
Foamex Intl Inc Com 344123104 7130 1267536Sh Defined 1267536 0 0
Foamex Intl Inc Com 344123104 5724 1017536Sh Defined 2 ** 1017536 0 0
Hollywood Pk Inc New Com 436255103 10741 1041550Sh Defined ** 1041550 0 0
Insignia Finl Group Inc New Com 45767A105 23454 1667823Sh Defined ** 1667823 0 0
Koger Equity Inc Com 500228101 77048 5733771Sh Defined ** 5733771 0 0
Koo Roo Enterprises Inc Com 500481106 79541 95831997Sh Defined 95831997 0 0
MAI Systems Corp Com 552620205 249 84596Sh Defined 2 ** 84596 0 0
MAI Systems Corp Com 552620205 106 36255Sh Defined 36255 0 0
Mack Cali Rlty Corp Com 554489104 4037 137433Sh Defined ** 137433 0 0
Mariner Post-Acute Network IncCom 568459101 30084 13752774Sh Defined ** 13752774 0 0
Multigraphics Inc Com 625440102 2063 750000Sh Defined 2 ** 750000 0 0
Multigraphics Inc Com 625440102 660 240164Sh Defined 240164 0 0
Nexthealth Inc Com 65333G105 624 570575Sh Defined ** 570575 0 0
Salant Corp Del Com 793897109 810 5924352Sh Defined 5924352 0 0
Samsonite Corp New Com 79604V105 10898 1779234Sh Defined 1 1779234 0 0
Samsonite Corp New Com 79604V105 10893 1778523Sh Defined 2 ** 1778523 0 0
Sheridan Energy Inc Com 823764105 150 49855Sh Defined 2 ** 49855 0 0
Sheridan Energy Inc Com 823764105 2589 862946Sh Defined 862946 0 0
Uniroyal Technology Corp Com 909163107 1019 128402Sh Defined 128402 0 0
United Auto Group Inc Com 909440109 14288 1843656Sh Defined 1843656 0 0
United States Filter Corp New Com New 911843209 210549 6875055Sh Defined 2 ** 6875055 0 0
United States Filter Corp New Com New 911843209 210633 6877805sh Defined 1 6877805 0 0
Vail Resorts Inc Com 91879Q109 118103 7439542Sh Defined 1 7439542 0 0
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