Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n
This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The Citi-Apollo program will initially focus on North America, with plans to expand to other regions. Demand and partnership opportunities are expected to drive the program's growth beyond the initial $25 billion goal.<\/p>\n\n\n\n
Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n
This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Over recent months, partnerships between private credit firms and banks have flourished. Initially perceived as competition, these firms have now found synergy in their collaboration. For Citi, teaming up with Apollo allows the bank to leverage its existing customer relationships and generate fees without assuming direct lending risk.<\/p>\n\n\n\n
The Citi-Apollo program will initially focus on North America, with plans to expand to other regions. Demand and partnership opportunities are expected to drive the program's growth beyond the initial $25 billion goal.<\/p>\n\n\n\n
Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n
This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Private credit has gained traction because it offers speed and flexibility, often catering to borrowers who cannot secure funding from traditional banks. These loans are reportedly processed more quickly, bypassing the stricter regulatory barriers that conventional banking must navigate.<\/p>\n\n\n\n
Over recent months, partnerships between private credit firms and banks have flourished. Initially perceived as competition, these firms have now found synergy in their collaboration. For Citi, teaming up with Apollo allows the bank to leverage its existing customer relationships and generate fees without assuming direct lending risk.<\/p>\n\n\n\n
The Citi-Apollo program will initially focus on North America, with plans to expand to other regions. Demand and partnership opportunities are expected to drive the program's growth beyond the initial $25 billion goal.<\/p>\n\n\n\n
Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n
This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Private credit has gained traction because it offers speed and flexibility, often catering to borrowers who cannot secure funding from traditional banks. These loans are reportedly processed more quickly, bypassing the stricter regulatory barriers that conventional banking must navigate.<\/p>\n\n\n\n
Over recent months, partnerships between private credit firms and banks have flourished. Initially perceived as competition, these firms have now found synergy in their collaboration. For Citi, teaming up with Apollo allows the bank to leverage its existing customer relationships and generate fees without assuming direct lending risk.<\/p>\n\n\n\n
The Citi-Apollo program will initially focus on North America, with plans to expand to other regions. Demand and partnership opportunities are expected to drive the program's growth beyond the initial $25 billion goal.<\/p>\n\n\n\n
Private credit, traditionally the domain of specialized non-bank entities, has seen increased scrutiny as it expands. The International Monetary Fund (IMF) recently called for a closer market examination, citing its interconnected nature and potential systemic risks.<\/p>\n\n\n\n
This deal is not Citi's first foray into private credit collaboration. Earlier this year, Citi partnered with alternative investment manager LuminArx Capital to launch another private lending program.<\/p>\n","post_title":"Citigroup And Apollo Partner For $25B Private Lending Program","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"citigroup-and-apollo-partner-for-25b-private-lending-program","to_ping":"","pinged":"","post_modified":"2024-10-02 17:25:25","post_modified_gmt":"2024-10-02 07:25:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18908","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Additionally, this new program reportedly demonstrates how financial giants are looking beyond conventional banking to meet the changing needs of borrowers and investors alike. More banks are now working with private credit firms, which have become a key financing source for high-risk borrowers and companies seeking large buyouts.<\/p>\n\n\n\n
Citigroup and Apollo have launched a $25 billion private credit and direct lending program in collaboration with Abu Dhabi's Mubadala Investment Company and Apollo's annuity unit, Athene, Reuters reported.<\/p>\n\n\n\n
This program comes as private credit faces increased scrutiny from institutions like the IMF.<\/li>\n<\/ul>\n\n\n\n
Citigroup and Apollo have launched a $25 billion private credit and direct lending program in collaboration with Abu Dhabi's Mubadala Investment Company and Apollo's annuity unit, Athene, Reuters reported.<\/p>\n\n\n\n
The partnership reflects a new trend where traditional banks compete with non-banks in the private lending market.<\/li>\n\n\n\n
This program comes as private credit faces increased scrutiny from institutions like the IMF.<\/li>\n<\/ul>\n\n\n\n
Citigroup and Apollo have launched a $25 billion private credit and direct lending program in collaboration with Abu Dhabi's Mubadala Investment Company and Apollo's annuity unit, Athene, Reuters reported.<\/p>\n\n\n\n
The partnership reflects a new trend where traditional banks compete with non-banks in the private lending market.<\/li>\n\n\n\n
This program comes as private credit faces increased scrutiny from institutions like the IMF.<\/li>\n<\/ul>\n\n\n\n
Citigroup and Apollo have launched a $25 billion private credit and direct lending program in collaboration with Abu Dhabi's Mubadala Investment Company and Apollo's annuity unit, Athene, Reuters reported.<\/p>\n\n\n\n
El Salvador became the first country to adopt Bitcoin as a legal tender in September 2021. The adoption defied warnings by the IMF, with the institution warning of financial stability risks it posed to the economy. <\/p>\n\n\n\n
Yielding To Pressure From IMF On Bitcoin Adoption<\/strong><\/h2>\n\n\n\n
El Salvador became the first country to adopt Bitcoin as a legal tender in September 2021. The adoption defied warnings by the IMF, with the institution warning of financial stability risks it posed to the economy. <\/p>\n\n\n\n
El Salvador is expected to drop a legal requirement mandating businesses to accept Bitcoin (BTC) as a form of payment. The rule change is part of an agreement with the International Monetary Fund (IMF), which will see El Salvador secure a $1.3 billion loan deal. <\/p>\n\n\n\n
El Salvador made Bitcoin a legal tender in 2021 defying warnings by the IMF.<\/li>\n<\/ul>\n\n\n\n
El Salvador is expected to drop a legal requirement mandating businesses to accept Bitcoin (BTC) as a form of payment. The rule change is part of an agreement with the International Monetary Fund (IMF), which will see El Salvador secure a $1.3 billion loan deal. <\/p>\n\n\n\n
Deal terms will make it voluntary for businesses to accept Bitcoin for payments.<\/li>\n\n\n\n
El Salvador made Bitcoin a legal tender in 2021 defying warnings by the IMF.<\/li>\n<\/ul>\n\n\n\n
El Salvador is expected to drop a legal requirement mandating businesses to accept Bitcoin (BTC) as a form of payment. The rule change is part of an agreement with the International Monetary Fund (IMF), which will see El Salvador secure a $1.3 billion loan deal. <\/p>\n\n\n\n
Deal terms will make it voluntary for businesses to accept Bitcoin for payments.<\/li>\n\n\n\n
El Salvador made Bitcoin a legal tender in 2021 defying warnings by the IMF.<\/li>\n<\/ul>\n\n\n\n
El Salvador is expected to drop a legal requirement mandating businesses to accept Bitcoin (BTC) as a form of payment. The rule change is part of an agreement with the International Monetary Fund (IMF), which will see El Salvador secure a $1.3 billion loan deal. <\/p>\n\n\n\n
