While Wall Street figures have flagged risks in private credit, Apollo's Zito is among the first within private credit to candidly acknowledge weakness.

“I literally think all the marks are wrong,” Apollo’s John Zito said of private equity in previously unreported comments. Apollo said the comment was about software companies.

The Apollo executive warned that private credit lenders and their backing investors could experience significant losses. He said lenders to a generic small-to-medium sized software firm could recover ...

NEW YORK--(BUSINESS WIRE)--Citigroup Inc. (NYSE: C) and Apollo (NYSE: APO) today announced that they have entered into an exclusive agreement for a subsidiary of Citi and certain affiliates of Apollo ...