Apollo Debt Solutions (ADS), a $26Bn non-traded business development company managed by Apollo Credit Global, triggered its 5% quarterly redemption gate for the second consecutive quarter.
Investors requested withdrawals totaling about 16.8% of outstanding shares, up from 11.2% in Q1 2026. This led to Q2 investors receiving roughly 29.8 cents per dollar requested, down from 44.6 cents in the previous quarter.