Apollo Took Loss on Asset-Backed Loan Deemed Protected

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Apollo Global Management took a loss on a $170 million asset-backed loan for Amazon brand aggregator Perch, marking a rare setback for the private credit strategy

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Apollo Global Management Inc. took a loss on a portion of a $170 million asset-backed financing for Amazon brand aggregator Perch that was wiped out, a rare stumble for a strategy touted as one of private credit’s safest and most promising.

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Original article published by Bloomberg on January 26, 2026.
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