AI News about apollo global management

Apollo gives investors only 45% of requested withdrawals from $15 billion private credit fund

Apollo's $15B Fund Faces Liquidity Crisis: Investors Get Only 45% Apollo Global Management approved just 45% of withdrawal requests from its $15 billion private credit fund, signaling mounting liquidity pressures. The shortfall reflects broader concerns about loan quality, particularly to software companies. The decision places Apollo alongside peers struggling with redemption waves in the private credit market.