Eric Platt and Antoine GaraJun 23, 2026 – 2.24pmNew York/London | Investor redemption requests at Apollo’s flagship retail private credit fund surged to 17 per cent of the vehicle’s value in the second quarter, underscoring fears of falling returns and rising stress in debt markets.The firm’s $US15 billion ($21.5 billion) Apollo Debt Solutions fund pitched to wealthy individual investors reported roughly $US2.4 billion of withdrawal requests in the most recent period. The fund met less than 30 per cent of the withdrawals it faced in the quarter, capping redemptions at 5 per cent of the value of the vehicle.Financial TimesSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Apollo’s flagship private credit fund hit by 17pc redemption requests
The rising withdrawal requests at the fund signal that the broader investor exodus from private credit has not abated, even as public markets have rallied.
TL;DRAI
Apollo's $15B Debt Solutions fund received $2.4B redemption requests (17% of assets) in Q2, meeting less than 30% of withdrawals. Signals private credit market stress constraining capital for M&A, tech acquisitions, and debt financing amid declining returns.
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