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Trapped: The Private Credit Exit Door Has Been Locked And Sealed Shut
Trapped: The Private Credit Exit Door Has Been Locked And Sealed Shut
Submitted by QTR's Fringe Finance
While headlines are fixated on the Iran war and today’s “feel good” market rally, it is worth noting that beneath the surface, hours ago credit markets just got worse.
The latest example comes from Apollo, which has been forced to put the brakes on investor withdrawals from one of its largest retail focused funds, according to Bloomberg. Its $25 billion Apollo Debt Solutions vehicle is the latest private credit flaming bag of shit that has hit...
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