Apollo Global Management is taking steps to increase transparency in its private credit business, aiming to address investor concerns and market scrutiny amid rising redemption requests across the sector, according to a report by Bloomberg.
The report cites John Zito, co-president of Apollo’s asset management division, as revealing that the firm, which manages $938bn in assets, plans to begin reporting net asset values for its private credit funds on a monthly basis, with the goal of eventually...
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