Private credit investors pull $7bn from Wall Street’s biggest funds
Funds managed by Apollo, Ares and Blackstone were among those hit by redemption requests in late 2025
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Investors sought to pull $20bn from private credit funds in first quarter
Big groups including Apollo, Ares and Blackstone were hit with redemption requests at start of 2026
Blackstone’s flagship private credit fund hit with wave of redemptions
Investors pull net $1.7bn out of vehicle over first quarter as industry strains intensify
Buyer’s remorse in private credit
A significant uptick in redemption requests hit Wall Street’s biggest private credit funds last quarter
Coutts in talks with Apollo and Ares over private markets funds for rich clients
Negotiations come as asset managers turn to retail investors after slowdown in flow of cash from institutional backers
Ares limits withdrawals from $10.7bn private credit fund
Redemption requests across industry surge as exodus of wealthy individuals accelerates
Private credit firms sell debt to themselves at record rate
Private lenders struck continuation deals worth $15bn last year to generate cash amid deal drought