The Apollo Private Credit Fund has become the latest to gate investors, while the KKR Fund was junked by Moody's, signaling ongoing fracturing within the private credit industry.

The private credit industry is facing increased pressure as JPMorgan Chase reportedly tightens its lending criteria, while a $33 billion fund experiences heavy redemptions.

Concerns surrounding Blue Owl (OWL) are reportedly causing apprehension within the $2 trillion private credit industry.