Sell APO by Jun 23, 2027.

According to a recent piece by Financial Times, Apollo’s flagship private credit fund just met less than 30% of Q2 redemption requests. For background, Apollo Debt Solutions is a $15bn BDC marketed to wealthy individual investors. In Q2, investors tried to pull $2.4bn out, which works out to about 17% of the fund’s value. Apollo capped redemptions at 5% and honored less than 30% of what was requested. In context, Q1 redemption requests were 11%. So, this is getting worse, …