Apollo Took Loss on Asset-Backed Loan Deemed Protected
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Why This Matters
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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Full article on Bloomberg
Original article published by
Bloomberg
on January 26, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.