Apollo is capping investor redemptions in its main retail-focused private credit fund after exit requests hit 17%.
The firm estimates that gross outflows from Apollo Debt Solutions will be roughly $700 million for the quarter.
March 23 (Reuters) - Apollo Global's $25 billion private credit fund, ⁠Apollo ⁠Debt Solutions (ADS), said on Monday ⁠it was curbing redemptions at 5% of its shares after investors sought to withdraw ...