Retail Investing

The $330bn New York pension system’s Monte Tarbox says he is ‘losing confidence’ that GPs expanding into the retail market are keeping pension funds at the core of their strategic operations.

Despite discussions of declining investor demand for liquidity, both funds saw requests for double-digit amounts of shares to be tendered

Stanger report also sees highs in redemption requests: 10.4% of NAV in Q and 12.4% in Q2.

Examiners ask about funds by name in opening requests. Enforcement has picked up the scent, too, Private Funds CFO has learned.

The multi-strategy fund is the latest offering of the duo’s strategic collaboration announced in September 2025

Geared to private wealth clients, the end funds will combine public and private assets and have limited distribution at first.

The trend among retail investors that started in Q1 accelerates, on average, and involves many of the same large fund managers.

Apollo Debt Solutions saw gross outflows of $400m for the second quarter of 2026.

Both BDCs will retain their investment-grade ratings despite the pessimistic near-term outlook.