Skadden, Arps, Slate, Meagher & Flom llp

FOUR TIMES SQUARE

NEW YORK 10036-6522

________

TEL: (212) 735-3000

FAX: (212) 735-2000

www.skadden.com

       DIRECT DIAL

212-735-3859

       EMAIL ADDRESS

Veronica.Castillo@SKADDEN.COM

June  10, 2011

VIA EDGAR

Securities and Exchange Commission

Division of Investment Management

100 F Street, N.E.

Washington, D.C. 20549

                   Re:    Apollo Investment Corporation Preliminary Proxy Filing

Ladies and Gentlemen:

                   On behalf of Apollo Investment Corporation (the "Company"), we are enclosing herewith for filing, pursuant to Rule 14a-6 under the Securities Exchange Act of 1934, as amended, the Company's preliminary proxy statement on Schedule 14A, together with a form of proxy, relating to the Company's 2011 Annual Meeting of Stockholders.

                   Please direct any questions or correspondence concerning the preliminary proxy statement to the undersigned at (212) 735-3859.

Very truly yours,

/s/ VERONICA CASTILLO

Veronica Castillo, Esq.