Apollo, State Street Launch 1st Ever Private-Debt ETF

State Street, Apollo Debut Private-Debt ETF in Big Breakthrough
A novel private-credit ETF from State Street Corp. and Apollo Global Management Inc. started trading on Thursday, in a watershed moment for the $1.6 trillion industry.
State Street launches new ETF investing in investment-grade private, public credit
State Street (NYSE:STT) rolled out an exchange-traded fund investing in investment-grade private credit, including asset-based finance and corporate lending, along with investment-grade public credit,
State Street confirms launch of SPDR Apollo private credit ETF
State Street Global Advisors said its much-anticipated private credit exchange-traded fund, developed in conjunction with alternatives investment firm Apollo Global Management, began trading on Thursday morning.
State Street (STT) Gets Green Light for Private Credit ETF
Shares in financial firm State Street (STT) climbed today after regulators gave the green light to a groundbreaking private-credit exchange
State Street, Apollo team up to launch first of its kind private credit ETF
Wall Street is eager to provide access to private equity and credit to the masses, and ETFs are the obvious wrapper.
State Street-Apollo private credit ETF debuts amid liquidity concerns
SSGA Funds Management is a subsidiary of State Street Corp., while State Street Global Advisors is the investment management division of State Street Corp. Apollo Global Securities, a subsidiary of Apollo Global Management, also serves as a liquidity provider for the ETF, according to the filing.
Apollo, State Street Launch First Ever Private-Debt ETF
Apollo Global Management and State Street Corp. have launched the first ever private-debt ETF. It is trading under the ticker "PRIV." Bloomberg Intelligence’s Eric Balchunas calls it ground-breaking.
State Street Corp. stock underperforms Tuesday when compared to competitors
This was the stock's fifth consecutive day of losses.
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