02:17 PM EDT, 05/29/2025 (MT Newswires) -- Apollo Global Management ( APO ) , JPMorgan Chase ( JPM ) , Goldman Sachs ( GS ) and three other banks are collaborating to trade private credit, Bloomberg reported Thursday, citing people familiar with the matter.

The people said the lenders are serving as broker-dealers, either acquiring debt from Apollo to add to their own balance sheets or brokering and pricing the debt to third parties.

The extra liquidity gives Apollo a chance to originate larger loans quickly and reach out to individual clients who sometimes have to recoup their investments more often than institutions, the people said.

Apollo, JPMorgan ( JPM ), and Goldman Sachs ( GS ) did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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