Apollo has announced a cap on investor withdrawals from its prominent private credit fund, reflecting rising concerns among investors.
This decision comes as uncertainties surrounding the impact of artificial intelligence on the enterprise software industry continue to unfold.
The move follows a trend in the financial sector, where other firms, such as Blackstone, have also faced increased redemption requests amid similar market anxieties.
Updates
Update at 12:06 UTC on 2026-03-24
Financial Times reported Redemption requests across industry surge as exodus of wealthy individuals accelerates.
Sources: Financial Times
Update at 12:11 UTC on 2026-06-04
Financial Times reported Redemption requests surged to $4.5bn in the second quarter amid mounting fears in sector.
Sources: Financial Times