BlockBeats News, June 23rd, according to the Financial Times, Apollo's flagship retail private credit fund has faced redemption requests amounting to 17% of its assets; investors are seeking to withdraw nearly $15 billion from the main private credit fund.
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 investors' growing cautious sentiment towards the private credit market.
According to the Financial Times' tracking of data from nine major retail private credit funds, the total amount of funds investors are seeking to withdraw is close to $15 billion, making it one of the largest-scale redemption waves the industry has faced.
