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.
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 ...
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 ...
Jeffrey Epstein prompted the biggest leadership shakeup in Apollo Global Management Inc.’s history five years ago. Now the late sex offender has the private-markets giant back on the defensive. The ...
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 ...
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 ...
Two of the biggest names in private credit, Ares Management Corp. and Apollo Global Management Inc., blocked investors from getting even half of the money they wanted out of their funds, a sign of ...
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 ...
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 ...
Timed to the 50th anniversary of NASA’s celebrated Apollo 11 mission, APOLLO 11: First Steps Edition is a thrilling cinematic experience that showcases the real-life moments of humankind’s first steps ...