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Edward Dowd highlighted that the Apollo Private Credit fund has been added to the list of investment vehicles experiencing increased withdrawals and implementing investor caps on the amount requested.
This suggests mounting outflows and new restrictions for investors, as Dowd underscores the growing trend in the sector.
Earlier this year, Dowd reported that redemption requests for the Blackstone Bcred fund reached 7.9 percent, exceeding its payout limit for the first quarter. He has also raised questions about transparency and return structures in private credit and private equity. These concerns center on the increased complexity and potential risks for investors in the sector.