Private Credit

BSAI’s Private Credit Division examined whether private credit ETFs can realistically combine high-yield private credit exposure with daily ETF liquidity. Using PRIV as a case study, the report analyzes liquidity engineering, valuation risks, Apollo’s role, SEC scrutiny, and the broader…

Under Marc Rowan’s leadership, Apollo Global Management has transformed from a private equity firm into a dominant force in private credit, now representing 70% of its $700 billion AUM. Strategic partnerships like the $25 billion Citigroup deal exemplify Apollo’s innovative…