Apollo’s Zito Sees Private Credit Pain Lasting Up to 18 Months

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John Zito of Apollo Global Management Inc. anticipates that the current difficulties in private credit markets could persist for another 12 to 18 months. Despite this, Zito, co-president of Apollo’s asset management arm, stated that he does not view the recent withdrawals from some private credit funds as a significant issue. He shared these insights during the Bloomberg Invest conference in New York.

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