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

Apollo Global Management’s chief economist, Torsten Slok, is warning that the software industry could face mounting financial pressure later this decade as a significant wave of debt approaches ...

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 ...