Your email has been successfully added to our mailing list.

×
0 0 0.00889526542324253 0.00899091343854627 0.00143472022955529 0.0100593017694884 0.00994739359158303 0.0109995217599235
Stock impact report

Investors sought to pull $20bn from private credit funds in first quarter [Yahoo! Finance]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Company Research Source: Yahoo! Finance
The $20.8bn in redemption requests hit huge groups in the sector, including Apollo Global Management ( APO ), Ares Management ( ARES ), Blackstone ( BX ), Blue Owl ( OWL ) and KKR ( KKR ), according to FT calculations. The funds tracked by the FT, which collectively manage investment portfolios worth about $300bn, have honoured just over half of the redemption requests they received. Many investors have been forced to wait until a redemption window opens up later this quarter to exit. The withdrawals reflect intensifying concerns over the private credit industry's lending to private equity-backed software companies and the uncertainty those businesses face as AI rapidly advances. It also comes as investors fret over ageing leveraged buyouts that PE firms have struggled to exit, deals that have largely been financed by private credit. Greg Obenshain, director of credit at Verdad Advisers, said that investor flight was often the “first chapter in most credit cycles”. “Flows a Show less Read more
Impact Snapshot
Event Time:
APO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
APO alerts

from News Quantified
Opt-in for
APO alerts

from News Quantified