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Apollo Caps Withdrawals

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Apollo Caps Withdrawals

B
Benzinga

5 Views • Mar 24, 2026

Description

Apollo capped redemptions at 5% of its $25B debt fund after investors requested 11.2% withdrawals, with redeeming investors receiving just 45% of their capital. BlackRock and Morgan Stanley imposed similar caps as business development companies face rising redemption pressure amid AI disruption concerns.