Illiquidity premium 100-200bp for private vs comparable public IG
| source | Apollo, KKR, Ares investor reports |
| derivation | data_calibrated |
| quality | estimated |
| set | 2026-05-25 |
| last reviewed | 2026-05-25 |
| next review due | 2026-06-30 |
Relevant for APO and other private-credit-heavy GAs (cf. BV-003).