Ares and Apollo limit investor withdrawals as market jitters over private credit crunch grow
Two of the biggest names in private credit, Ares Management and Apollo Global Management, blocked investors from getting even half of the money they wanted out of their funds, a sign of mounting strain in the $US1.8 trillion ($2.6 trillion) market. The $US10.7 billion Ares Strategic Income Fund limited withdrawals to 5 per cent of…

