State Street, Apollo to Launch 2nd Public-Private ETF

State Street Files for Second Private-Debt ETF as First Fund Stalls

State Street Corp. is set to double down on its bid to bring private assets to a broader spectrum of investors, even as its initial ETF experiment in this area has struggled to gain momentum.

State Street, Apollo to Launch 2nd Public-Private ETF

Ladies and gentlemen, State Street may have just done it again.  The leading asset manager filed to launch a second exchange-traded fund that would give investors exposure to both private and public investments in a single vehicle — something that had never been done until just a few months ago. The SPDR SSGA Short Duration IG Public & Private Credit ETF is expected to allocate at least 80% of the fund’s net assets in a portfolio of investment-g…