Apollo's Flagship Retail Credit Fund Sees Redemption Requests Surge to 17%, $15 Billion Withdrawn fr

On June 23, the Financial Times reported that Apollo's flagship retail private credit fund faced redemption requests amounting to 17% of its assets; investors are seeking to withdraw nearly $15 billion from major private credit funds. In the second quarter of this year, redemption requests for Apollo's flagship retail private credit fund surged to 17% of the fund's size, highlighting the growing caution among investors towards the private credit market. Data tracked by the Financial Times from nine major retail private credit funds indicates that the total amount sought for withdrawal is close to $15 billion, marking one of the largest redemption waves the industry has faced.