Redemption requests for Apollo's flagship retail credit fund surged to 17%, with nine funds experiencing $15 billion in capital outflows.

According to a report by the Financial Times on June 23, Apollo's flagship retail private credit fund experienced redemption requests, amounting to 17% of its assets; investors are seeking to withdraw nearly $15 billion from major private credit funds. In the second quarter of this year, redemption requests for Apollo's flagship retail private credit fund surged to 17% of the fund's size, highlighting the growing caution among investors in the private credit market. Data from nine major retail private credit funds tracked by the Financial Times shows that investors are seeking to withdraw nearly $15 billion, making it one of the largest redemption waves faced by the industry.