---
title: "Why Is Apollo Stock (APO) Down despite Largest Japanese Investment in $3.7B NSG Takeover?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280296016.md"
description: "Apollo Global Management's stock (APO) declined despite its significant $3.7 billion investment in Nippon Sheet Glass. The drop is attributed to the firm, along with Morgan Stanley, limiting withdrawals from its flagship private credit fund, raising concerns among investors about the trend of retail investors exiting publicly traded private credit funds."
datetime: "2026-03-24T10:05:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280296016.md)
  - [en](https://longbridge.com/en/news/280296016.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280296016.md)
---

# Why Is Apollo Stock (APO) Down despite Largest Japanese Investment in $3.7B NSG Takeover?

Apollo Global Management's (APO) shares fell early Tuesday despite the firm's managed funds making their largest private equity investment in Japan: an almost $3.7 billion take-private deal for glassmaker Nippon Sheet Glass (NPSGF).

### Claim 30% Off TipRanks Premium

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential

APO stock fell as the asset manager, like Morgan Stanley (MS), imposed limits on withdrawals from its flagship private credit fund. This further underscored jitters among fund providers about the trend of retail investors dumping publicly traded private credit funds.

### Related Stocks

- [EVIM.US](https://longbridge.com/en/quote/EVIM.US.md)
- [PAPI.US](https://longbridge.com/en/quote/PAPI.US.md)
- [PEX.US](https://longbridge.com/en/quote/PEX.US.md)
- [MSSM.US](https://longbridge.com/en/quote/MSSM.US.md)
- [MSLC.US](https://longbridge.com/en/quote/MSLC.US.md)
- [MS.US](https://longbridge.com/en/quote/MS.US.md)
- [PHEQ.US](https://longbridge.com/en/quote/PHEQ.US.md)
- [EVSB.US](https://longbridge.com/en/quote/EVSB.US.md)
- [CVSB.US](https://longbridge.com/en/quote/CVSB.US.md)
- [EVHY.US](https://longbridge.com/en/quote/EVHY.US.md)
- [CVMC.US](https://longbridge.com/en/quote/CVMC.US.md)
- [APO.US](https://longbridge.com/en/quote/APO.US.md)
- [CDEI.US](https://longbridge.com/en/quote/CDEI.US.md)
- [CVIE.US](https://longbridge.com/en/quote/CVIE.US.md)
- [6929.JP](https://longbridge.com/en/quote/6929.JP.md)
- [3447.JP](https://longbridge.com/en/quote/3447.JP.md)
- [5202.JP](https://longbridge.com/en/quote/5202.JP.md)
- [CVSE.US](https://longbridge.com/en/quote/CVSE.US.md)
- [CVLC.US](https://longbridge.com/en/quote/CVLC.US.md)

## Related News & Research

- [Apollo: Private Markets' Next Growth Phase Just Beginning as AI, Retirement, Investment-Grade Credit Expand Market](https://longbridge.com/en/news/294864110.md)
- [Apollo declares $0.56 quarterly dividend per share](https://longbridge.com/en/news/294806621.md)
- [Apollo sees demand to withdraw from non-traded private credit fund halving, president says](https://longbridge.com/en/news/294837739.md)
- [Apollo raised more than $12 billion for latest flagship private equity fund through July, president says](https://longbridge.com/en/news/294829837.md)
- [Apollo funds acquire Maverick Water Group from Crosstimbers Capital Group](https://longbridge.com/en/news/294879191.md)