Apollo Global Management Inc. is ramping up efforts to give investors more regular insight into the value of its opaque private credit holdings, just as a spate of redemption requests from such funds rattles the wider market.
The firm, which manages $938 billion, is preparing to start reporting the net asset values of its credit funds on a monthly basis, John Zito, co-president of Apollo’s asset management arm, said in an interview. Ultimately, it aims for both daily NAVs and third-party valuations over time.
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