Apollo Global Management Inc expects continued redemption pressure in parts of the US private credit market targeting high-net-worth and retail investors, as sentiment toward the asset class remains unsettled following recent volatility and valuation concerns, according to a report by Reuters.
Jim Zelter, president of Apollo, said he does not anticipate a sharp slowdown in withdrawal requests from semi-liquid private credit vehicles, noting that outflows seen earlier this year are likely to pers...
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