Apollo to Start Reporting Daily Prices for Private Markets

Apollo Global Management Inc. said that more than $830 billion of its credit assets will be priced daily by the end of September, a move to bring more transparency to opaque credit markets.

The firm, which manages more than $1 trillion in assets, announced the initiative on its first-quarter earnings call on Wednesday. Apollo has been increasing its efforts to provide liquidity and price transparency in the $1.8 trillion private-credit market, where assets don’t typically change hands, Bloomberg News previously reported.