Apollo limits withdrawals

[William Meyer]

https://www.cnbc.com/2026/03/23/apollo-private-credit-fund-gives-investors-only-45percent-of-requested-withdrawals.html

Apollo has limited withdrawals from its private credit fund.  Little surprise the contagion has spread from blue owl to blackrock and now others as these private credit funds frequently lend to the same companies.  Once one decides to write down a loan the others have no choice but to do the same.