PRIVATE CREDIT GOES FROM BAD TO WORSE! Apollo Global Management just hit the brakes on withdrawals from its $25B private credit fund. Investors asked to pull out 11% of the money - but Apollo is only allowing 5%. That means: • Not everyone can get their cash • Limits will stay in place next quarter • Liquidity is tightening The run on private credit is only going to accelerate!

Apollo跟XAI的deal才是新模式 把data center 80%的资金占用都弄出表。这样就没人抱怨hyperscaler会破产了