By Suzanne McGee NEW YORK (Reuters) - State Street Global Advisors' much-anticipated private credit exchange-traded fund, developed with alternative investment firm Apollo Global Management, began ...

EFT PRIV by State Street & Apollo offers steady returns & income, allocating 80% to investment-grade debt & 20% to high-yield bonds. SEC raises concerns.

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The regulator's worries center on the fund's liquidity, its name and its ability to comply with valuation rules.

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Dechert’s cross-practice fund finance team hosted their inaugural Fund Finance Forum in London, ‘Navigating the Future’ 2025. The event welcomed approximately 100 attendees, covering panel topics such ...

Transforming Market Dynamics And The Rise Of Complexity. Second-lien financing has long stood as a flexible tool for ...

But in a letter to State Street after the fund launched, SEC associate director Brent J. Fields expresses concern about the ...

Apollo reported more than $220 billion of origination in 20241 supported by its credit business and broader origination ecosystem spanning 16 standalone platforms. Apollo estimates the potential ...

State Street, one of the largest ETF issuers in the US, is sponsoring the fund, while Apollo will source private credit investments for the product. Apollo has also inked an agreement to shore up ...