Apollo Global Management's (APO) Apollo Debt Solutions is limiting withdrawal requests at 5% of outstanding shares after investors asked to redeem 16.8%, up from 11.2% in the previous period, the private credit fund said in a shareholder letter Monday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments