Apollo's Private Credit Bet Is Really Starting to Sweat

Apollo's Private Credit Bet Is Really Starting to Sweat - Moby BREAKING NEWS Since Fitch flagged that private credit portfolios hit a record default rate of 8.1% in 2024, climbing to 9.2% in 2025, the sector's been a slow-motion stress test waiting for something to break. Monday night, Apollo gave it a push. Apollo Debt Solutions BDC, Apollo's $15 billion private credit vehicle, will satisfy only about 45% of withdrawal requests this quarter after investors tried to redeem 11.2% of shares outstanding i ...