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Apollo Global Management Partners With Banks to Trade Private Credit

  • Apollo Global Management partners with five banks, including JPMorgan Chase & Co. and Goldman Sachs Group, to trade private credit.
  • The collaboration aims to syndicate investment grade debt on a larger scale, enabling Apollo to originate larger loans and assist clients in redeeming investments more frequently.
  • The private credit market is flourishing, providing capital to underserved borrowers like small firms seeking funding from traditional channels.
  • Banks are increasingly involved in the private credit sector, with a focus on building trading desks for this market.

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