Our Activities

APS Group stands as a leading Alternative Asset Management company in Central, Eastern, and Southeastern Europe with a proven track record in managing complex investments across these regions. It has established itself as a trusted partner for the world’s leading financial institutions, investment funds, and private investors.

Distressed Debt

For over two decades, we have excelled in distressed debt acquisition and management across sectors. Our deep understanding of market cycles and dynamics positions us as seasoned navigators in the distressed debt landscape. Our investment focus includes distressed situations, repossessed real estate portfolios, single credits, and restructurings across all credit categories.

Private Equity

With nearly a decade in Private Equity, APS specializes in end-to-end investment services. From sourcing deals to thorough due diligence and strategic acquisitions, we manage every aspect. Our expertise extends to enhancing post-acquisition value and developing effective exit strategies, ensuring optimal outcomes for our investors.

Real Estate

Building on the considerable success we have attained in managing distressed assets, many of which are backed by real estate, we have made a strategic decision to extend our expertise into the “traditional” real estate investment sector. Leveraging insights from these transactions, we aim to optimize our approach and unlock greater value within this sector.

Debt Servicing

We provide comprehensive services to institutional investors seeking Non-Performing Loan (NPL) portfolio solutions, as well as banks, leasing providers, and telecommunications companies. With a proven track record of success, we specialize in delivering tailored strategies and solutions to optimize asset recovery and maximize returns for our valued partners.

Our Funds

APS Group was previously focused primarily on funds for institutional investors. In 2021, APS CREDIT FUND, a new fund for qualified investors, was launched. APS CREDIT FUND SICAV represents an investment opportunity with an expected above-standard return. The fund aims to acquire non-performing and distressed receivables in Central, Southern, and Southeastern Europe.

Currently, the fund manages, within its subfunds RHAPSODY, RHAPSODY II, and RHAPSODY III, assets exceeding EUR 76 million.

In October 2025, APS CREDIT FUND SICAV is expanding further with the launch of its fourth subfund, RHAPSODY IV.

RHAPSODY IV

2025

Our newest subfund was established in October 2025. Building on the success of our previous subfunds, this fourth subfund of APS CREDIT FUND SICAV expands our offering of robust and…

RHAPSODY III

2024

The subfund was established in 2024 and successfully raised EUR 27,6 million. Designed to provide investors with a robust and diversified investment option. As the third subfund of APS CREDIT…

RHAPSODY II

2022

Subfund of APS CREDIT FUND SICAV, a commingled regulated fund domiciled in Czech Republic. Rhapsody II raised more than EUR 27,6 million.

RHAPSODY

2021

Subfund of APS CREDIT FUND SICAV, a commingled regulated fund domiciled in the Czech Republic. Rhapsody raised more than EUR 31,6 million within the first fundraising period.

APS CREDIT FUND SICAV

2021

APS successfully launched APS CREDIT FUND SICAV, a commingled regulated fund domiciled in Czech Republic.

Cooperation & Partnership

Martin Machoň
CEO and Owner of APS Group

Long-term cooperation with national institutions and supranational regulators and banks makes APS trustworthy and stable partner. A crucial part of the APS story.