Private Credit Goes From Bad To Worse! Apollo Just Gave Investors Only 45% Of Requested Withdrawals. BlackRock, Morgan Stanley, And Blue Owl Are Doing The Same Thing. Moody’s Just Downgraded A Massive Private Credit Fund!

https://citizenwatchreport.com/private-credit-goes-from-bad-to-worse-apollo-just-gave-investors-only-45-of-requested-withdrawals-blackrock-morgan-stanley-and-blue-owl-are-doing-the-same-thing-moodys-just-downgraded-a/

Apollo Global Management capped investor redemptions at one of its largest non-traded private credit funds, Apollo Debt Solutions.

According to a shareholder letter, it capped redemptions at 5% of outstanding shares after investors sought to withdraw roughly 11.2%. The move follows similar restrictions at other private credit funds in recent weeks, deepening concerns across the $1.8 trillion private credit market.

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That's whatcha gits fer investin' in a debt based economy. Those thangs have a SHELF LIFE! They are a very long playing pyramid scheme. Eventually the host, which is the bottom few tiers, DIES.
I'm not sheddin' any tears over this. In fact, being the arsehole I am, I'd say this is a cause for a bit of epicaricacy, since everything about these hedge fund parasites is A MAJOR PART OF THE PROBLEM, AND IF YOU HELPED SUPPORT THEM, SO ARE YOU!