Apollo's $15 billion private credit fund received withdrawal requests equal to 11.2% of shares — more than double its 5% quarterly cap — and will return just 45 cents on the dollar to investors.
Apollo's private credit fund saw investors request to redeem 11.2% of outstanding shares. The firm gated requests at 5%, only paying out $730 million of the more than $1.5 billion requested. Private ...
March 23 (Reuters) - Apollo Global's (APO.N), opens new tab $25 billion private credit fund, Apollo Debt Solutions (ADS), said on Monday it was curbing redemptions at 5% of its shares after investors ...
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Apollo is the latest private credit investor to limit redemptions to investors in the first quarter as anxieties over non-bank lending grow. The private credit fund, Apollo Debt Solutions BDC, ...
Apollo Global Management's (APO) flagship private credit vehicle, Apollo Debt Solutions BDC, has curtailed investor withdrawals, granting only about 45% of requested redemptions after demand for exits ...
Add Yahoo as a preferred source to see more of our stories on Google. NASA's Artemis II Space Launch System (SLS) rocket and Orion spacecraft are seen at sunrise at Launch Pad 39B at the Kennedy Space ...
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