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      Ares, Apollo Cap Private Credit Withdrawals as Exodus Grows

      Two of the biggest names in private credit, Ares Management Corp. and Apollo Global Management Inc., blocked investors from getting even half of the money they wanted out of their funds, a sign of mounting strain in the $1.8 trillion market.

      Source: Bloomberg

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud