Will Advisors Embrace ‘Breakthrough’ Private ETF From State Street, Apollo?

How to access the private credit boom

Smaller retail investors can now take advantage of opportunities in a sector once the preserve of the wealthiest.

Will Advisors Embrace ‘Breakthrough’ Private ETF From State Street, Apollo?

The world’s top money managers would like to personally invite you to a very private party.  State Street and Apollo’s latest exchange-traded fund packages private credit — traditionally the playground of the world’s rich — into an indexed product for everyman. It was quickly heralded as a “breakthrough” for the asset management industry during its launch last week. But are advisors ready to trade in their tried-and-true index funds for actively…

Private credit is becoming more accessible to retail investors. What to know about this booming asset class

A new exchange-traded fund is bringing private credit to the masses and could open the door to more products following suit.

Private Credit Paychecks Jump as Asset-Based Lending Expands

Compensation packages in structured finance and private credit are surging as competition for people heats up in New York and London.

Morgan Stanley enters European semi-liquid market in wealth push

The asset management division of the American giant has $24bn in private credit. The European push ties in with its aspirations to double that figure in the medium term.

Private Market Assets For The Masses

It used to be tough investing in private market assets. Typically, at least a couple of hundred thousand dollars was required, and you had to commit the money for up to 10 years or more. You had to be an accredited investor (sophisticated and experienced), and you had to be ready to fork over more capital in the future depending on the terms. Not anymore. The development of open-ended, “evergreen” funds that allow investors to periodically rede…