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.
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 ...
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 ...
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 ...
EXCLUSIVE: Actor and Grammy-nominated singer-songwriter Omar Apollo has signed with CAA. Apollo made his feature debut in Luca Guadagnino’s Queer for A24, starring opposite Daniel Craig and Drew ...
TOKYO -- Nippon Sheet Glass, a Japanese glass manufacturer that acquired Pilkington Group in 2006, is in talks with U.S.-based Apollo Global Management and lending banks to receive financial support ...
NASA's Artemis 2 mission will send four astronauts to circle the moon, similar to the Apollo 8 mission of 1968. Like Apollo 8, the Artemis 2 crew will not land on the moon but will test systems for ...
Shares of Apollo Global Management (APO) dropped about 5% after one of its private-credit funds said it will enforce a cap on withdrawals amid a rise in redemption requests. Shares of other ...
Two of the biggest names in private credit, Ares Management and Apollo Global Management, blocked investors from getting even half of the money they wanted out of ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apollo Global Management has agreed its biggest takeover deal in Japan, taking control of Nippon Sheet Glass to ...