0001145549-22-013813.txt : 20220301 0001145549-22-013813.hdr.sgml : 20220301 20220301132401 ACCESSION NUMBER: 0001145549-22-013813 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211231 FILED AS OF DATE: 20220301 PERIOD START: 20220930 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AIP Alternative Lending Fund P CENTRAL INDEX KEY: 0001709406 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-23266 FILM NUMBER: 22696049 BUSINESS ADDRESS: STREET 1: 100 FRONT STREET, SUITE 400 CITY: WEST CONSHOHOCKEN STATE: PA ZIP: 19428-2881 BUSINESS PHONE: 610.260.7600 MAIL ADDRESS: STREET 1: 100 FRONT STREET, SUITE 400 CITY: WEST CONSHOHOCKEN STATE: PA ZIP: 19428-2881 NPORT-P 1 primary_doc.xml NPORT-P false 0001709406 XXXXXXXX AIP Alternative Lending Fund P 811-23266 0001709406 549300EMKW8WMY259802 100 Front Street Suite 400 West Conshohocken 19428 610-260-7600 AIP Alternative Lending Fund P 549300EMKW8WMY259802 2022-09-30 2021-12-31 N 749960078.329999900000 48627491.170000010000 701332587.160000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 48596418.790000000000 N AIP Alternative Lending Fund A N/A AIP Alternative Lending Fund A 00144A104 639916.895 NS USD 701363659.54 100.0044304771 Long EC RF US N N/A N N N 2022-03-01 AIP Alternative Lending Fund P /s/ Francis J. Smith Francis J. Smith Principal Financial Officer XXXX NPORT-EX 2 alf-p.htm ALF P NOTES

Item 1. Schedule of Investments.

The Registrant invests substantially all of its assets in AIP Alternative Lending Fund A (CIK 0001709447, Investment Company Act file number 811-23265, the “Master Fund”). As of December 31, 2021, the Registrant invested $701,363,660 in the Master Fund, representing 100.00% of the Registrant’s net assets (along with approximately (0.00)% of other assets, less liabilities), and representing 30.41% of the Master Fund’s net assets. The Master Fund has included a schedule of investments as of December 31, 2021, in its filing on Form N-PORT made available on the Securities and Exchange Commission website at http://www.sec.gov.

Notes to Schedule of Investments

Portfolio Valuation

AIP Alternative Lending Fund P (the “Fund”) is a “Feeder” fund in a “Master-Feeder” structure whereby the Fund invests substantially all of its assets in the Master Fund. Valuation of investments held by the Master Fund, including the Master Fund’s disclosure of investments under the three-tier hierarchy, is discussed in the notes to the Master Fund’s schedule of investments. The Fund records its investment in the Master Fund at fair value, which is represented by the Fund’s proportionate interest in the net assets of the Master Fund.

Income Taxes

The Fund intends to comply with the requirements of Subchapter M of the Code applicable to regulated investment companies and to distribute substantially all of its taxable income to its Shareholders.  Therefore, no provision for federal income tax is required.  The Fund files tax returns with the U.S. Internal Revenue Service and various states. The Fund may be subject to taxes imposed by countries which it invests. Such taxes are generally based on income earned or gains realized or repatriated. Taxes are accrued and applied to net investment income, net realized capital gains and net realized appreciation, as applicable, as the income is earned or capital gains are recorded. The Fund has concluded there are no significant uncertain tax positions that would require recognition in the financial statements as of June 30, 2021. If applicable, the Fund recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in other expenses in the Consolidated Statement of Operations.

As of December 31, 2021, the cost and related gross unrealized appreciation and depreciation for tax purposes were as follows:
 
 
Cost of investments for tax purposes
 
$
700,318,618
 
 
Gross tax unrealized appreciation
 
$
1,045,042
 
 
Gross tax unrealized depreciation
   
-
 
 
Net tax unrealized appreciation/depreciation on investments
 
$
1,045,042