Apollo caps private credit fund exits at 5% after $2.4 billion in requests
Why it matters: The move adds to pressure on semi-liquid private credit funds after Blackstone also limited redemptions this month.
Bloomberg, CNBC
Why it matters: The move adds to pressure on semi-liquid private credit funds after Blackstone also limited redemptions this month.
Why it matters: The regulator flagged property lending, tighter liquidity and weaker loan quality ahead of month-end valuations.