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.
Katie and Matt discuss Apollo and State Street's private credit exchange-traded fund launch, Bill Ackman's efforts to build his own Berkshire Hathaway, and memecoins as bankruptcy bidding currency.
The regulator's worries center on the fund's liquidity, its name and its ability to comply with valuation rules.
But in a letter to State Street after the fund launched, SEC associate director Brent J. Fields expresses concern about the ...
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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 ...
It took until the very end of his Class B, 285 lbs. state quarterfinal match, but St. Thomas More senior Reeve punched his ...
The Willmar boys swimming and diving team has four top seeds for the Section 3A championship after getting through prelims Thursday at Willmar High School. Senior David Lammers has a hand in all four ...