Shares in major US-listed alternative asset managers came under pressure in premarket trading on Wednesday as investors positioned for Q2 updates on withdrawals from non-traded private credit vehicles, following a sharp rise in redemption activity in the prior quarter, according to a report by Reuters.
Blackstone, Apollo Global Management, Ares Management, Blue Owl Capital and KKR all fell by more than 5%, while Carlyle Group declined around 2.8%, reflecting broader investor caution ahead of key...
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