The US Securities and Exchange Commission expressed concerns over a much-anticipated private credit exchange-traded fund from ...
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 ...
The letter came after the ETF officially launched on Feb. 27, debuting on the New York Stock Exchange under the ticker “PRIV.
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 ...
The US Securities and Exchange Commission expressed concerns over a much-anticipated private credit exchange-traded fund from ...
Even the most advanced financial engineering may not be able to solve the almost immutable laws of financial markets ...
But in a letter to State Street after the fund launched, SEC associate director Brent J. Fields expresses concern about the ...
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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