Apollo Retail Private Credit Fund Sees Redemption Requests Surge to 17%
Redemption requests at Apollo's flagship retail private credit fund rose to 17% of assets in Q2, and investors sought to withdraw nearly $15 billion from nine major private credit funds.
Apollo Global Management's flagship retail private credit fund experienced a sharp increase in redemption requests during the second quarter, with withdrawals sought amounting to 17% of the fund's value. The data, tracked by the Financial Times, highlights growing investor caution in the private credit market.
Across nine major retail private credit funds, investors attempted to withdraw approximately $15 billion, marking one of the largest redemption waves the sector has faced. The figures underscore mounting pressure on private credit managers as liquidity concerns persist.
Source: First Squawk