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Shares of Mankind Pharma fell nearly 5% as 3.01 crore shares changed hands in a block deal on Tuesday. The buyers and sellers were not immediately known. ....
With traditional lenders retrenching, alternative asset managers like Apollo Global Management are accelerating their efforts to fill the vacuum to position themselves as an alternative to the traditional banking system — offering corporates as well large PE funds who are saddled with big bets in their portfolios bought at higher prices — with loans and financing. Apollos private credit unit now manages more than $400 billion in AUM, four times the size of its buyout arm which historically was the lynchpin of its business. ....