State Street, Apollo to Rename Scrutinized Private Debt ETF
A much-anticipated private credit exchange-traded fund from Wall Street giants State Street Corp. and Apollo Global Management Inc. said it will change its name after the US Securities and Exchange Commission shared concerns over the ETF.
The letter came after the ETF officially launched on Feb. 27, debuting on the New York Stock Exchange under the ticker “PRIV.
EFT PRIV by State Street & Apollo offers steady returns & income, allocating 80% to investment-grade debt & 20% to high-yield bonds. SEC raises concerns.
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), announced today the ...
Apollo Asset Management spotlight that the combination of increasing home prices and elevated mortgage rates has resulted in ...
Bridge Investment to be acquired by Apollo Global Management in $1.5B all-stock transaction, delisting from NYSE.
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