Key Takeaways
- • Apollo Global Management is beginning to roll out daily prices across its $850 billion credit business starting Thursday, according to Bloomberg.
- • The move coincides with renewed attention from the US Securities and Exchange Commission on the valuation of private assets.
- • Apollo, which manages more than $1 trillion in assets, is implementing a plan CEO Marc Rowan announced earlier this year after a spate of redemption requests rattled investors.
- • The move could pressure rival private credit managers to provide similar valuation updates in a $1.8 trillion industry where loans do not typically change hands.
Summary
Apollo Global Management Inc. is beginning to roll out daily prices across its $850 billion credit business on Thursday, October 1, 2026, according to Bloomberg. The initiative coincides with renewed attention from the US Securities and Exchange Commission on the valuation of private assets.
The development highlights a structural challenge for the $1.8 trillion private credit industry, where loans typically do not change hands and therefore lack the continuous price discovery found in public markets. Apollo, which manages more than $1 trillion in assets, is executing a plan that Chief Executive Officer Marc Rowan announced earlier this year, when a spate of redemption requests rattled investors and raised concerns about the value of loans underpinning private credit funds.
By publishing daily marks, Apollo is seeking to bring greater transparency to its credit holdings. Bloomberg reported that the firm's move could pressure rivals to provide similar updates, which would bring clarity to a market where fears over loan valuations have weighed on investor confidence.
The development highlights a structural challenge for the $1.8 trillion private credit industry, where loans typically do not change hands and therefore lack the continuous price discovery found in public markets. Apollo, which manages more than $1 trillion in assets, is executing a plan that Chief Executive Officer Marc Rowan announced earlier this year, when a spate of redemption requests rattled investors and raised concerns about the value of loans underpinning private credit funds.
By publishing daily marks, Apollo is seeking to bring greater transparency to its credit holdings. Bloomberg reported that the firm's move could pressure rivals to provide similar updates, which would bring clarity to a market where fears over loan valuations have weighed on investor confidence.
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