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-0.000242287191083841 0.00113067355839122 0.00387659505734122 0.00553222419641417 0.00638022936520749 0.00137296074947506 0.000888386367307377 0.000888386367307377
Stock impact report

Analysis-Private credit secondary sales set to rise as market turmoil spurs hunt for cash [Yahoo! Finance Canada]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
NEW YORK/LONDON/PARIS (Reuters) - Investors are preparing to step up sales of their private credit holdings, as heightened market volatility unleashed by U.S. President Donald Trump's trade wars forces them to find new ways to raise cash, fund managers and executives say. Private credit, the name given to specialised lenders like Apollo Global Management, Ares Management and KKR that finance companies instead of banks, has boomed into a $1.5 trillion industry, drawing in big institutional investors like pension funds who invest in the funds that grant the loans. While so-called "secondary sales" of stakes in private equity funds have soared amid a downturn in dealmaking, assets in private credit seldom change hands. This week's dramatic market tumble may change that. Investors are enquiring about shedding their private credit investments in the secondary market because they worry about being overly exposed to private assets as public markets fall in value and as the need for ac Show less Read more
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