Rowan commits to 100% daily pricing across Apollo's entire credit business by September 30.
“By ninethirty, all investors will have daily pricing for direct lending and asset backed finance also. That essentially means the totality of our credit business will be 100% daily pricing by ninethirty.”
Rowan references recent gating of direct lending funds as negative liquidity discussion in the industry.
“The most recent discussion that's had across our industry on liquidity has been in the negative context of the gating of direct lending funds over the past few months.”