UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 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 November 12, 1999
By: Michael D. Weiner Los Angeles, CA November 12, 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: 26
Form 13F Information Table Value Total (x$1000): $719,700
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.
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* Fair market value is based on the closing prices of the securities, as
of Sept. 30, 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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<CAPTION>
FORM 13F INFORMATION TABLE
CUSIP Value Shares/ Sh/ Put/ Invstmt Other Voting Authority
Name of Issuer Title of Class Number (x$1000) Prn Amt Prn Call Dscretn Manager Sole Shrd None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Allied Waste Industries Inc. Com Par $.01 New 019589308 200085 17119579 Sh Defined ** 17119579 0 0
Apartment Invt & Mgmt Co Cl A 03748R101 781 20413 Sh Defined ** 20413 0 0
CB Richard Ellis Svcs Inc Com 12489L108 7757 512839 Sh Defined ** 512839 0 0
Central Pkg Corp Com 154785109 97889 3346627 Sh Defined ** 3346627 0 0
Converse Inc Del Com 212540108 14737 5614054 Sh Defined 2 ** 5614054 0 0
Converse Inc Del Com 212540108 14737 5616301 Sh Defined 1 5616301 0 0
DecisionOne Hldgs Corp Com 243458106 456 810117 Sh Defined ** 810117 0 0
First Industrial Realty Trust Com 32054K103 1062 42921 Sh Defined ** 42921 0 0
First Un RE Eq & Mtg Invsts Sh Ben Int 337400105 14952 2990372 Sh Defined ** 2990372 0 0
Florsheim Shoe Co Com 343302105 7018 2807018 Sh Defined 2 ** 2807018 0 0
Florsheim Shoe Co Com 343302105 7020 2808142 Sh Defined 1 2808142 0 0
Foamex Intl Inc Com 344123104 8873 1267536 Sh Defined 1267536 0 0
Foamex Intl Inc Com 344123104 7123 1017536 Sh Defined 2 ** 1017536 0 0
Insignia Finl Group Inc New Com 45767A105 14593 1667821 Sh Defined ** 1667823 0 0
Koger Equity Inc Com 500228101 91740 5733771 Sh Defined ** 5733771 0 0
MAI Systems Corp Com 552620205 95 84596 Sh Defined 2 ** 84596 0 0
MAI Systems Corp Com 552620205 41 36255 Sh Defined 36255 0 0
Mack Cali Rlty Corp Com 554489104 3022 112727 Sh Defined ** 107710 0 0
Mariner Post-Acute Network IncCom 568459101 5157 13752774 Sh Defined ** 13752774 0 0
Multigraphics Inc Com 625440102 1359 750000 Sh Defined 2 ** 750000 0 0
Multigraphics Inc Com 625440102 435 240164 Sh Defined 240164 0 0
Nexthealth Inc Com 65333G105 517 570575 Sh Defined ** 570575 0 0
Samsonite Corp New Com 79604V105 12177 1779234 Sh Defined 1 1779234 0 0
Samsonite Corp New Com 79604V105 12172 1778523 Sh Defined 2 ** 1778523 0 0
United Auto Group Inc Com 909440109 23391 1843656 Sh Defined 1843656 0 0
Vail Resorts Inc Com 91879Q109 172504 7439542 Sh Defined 1 7439542 0 0
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