Apollo private credit fund redemption application reaches 11%, the company activates redemption restrictions.

Apollo Global Management Limited is implementing redemption controls on its Apollo Debt Solution Fund, setting a redemption limit of 5% of outstanding shares. The amount of shares applied for redemption by clients has reached 11.2% of outstanding shares, and Apollo Debt Solution Fund will only return 45% of the redemption funds to the investors. The company plans to maintain the same redemption limit in the next quarter to balance the interests of shareholders seeking liquidity and those choosing to continue holding their investments.