On Thursday, trading commenced on the New York Stock Exchange (NYSE) for an innovative exchange-traded fund developed jointly by State Street Global Advisors $STT and Apollo Global Management $APO. The SPDR SSGA Apollo IG Public & Private Credit ETF represents a groundbreaking solution, offering retail investors direct exposure to a diversified portfolio of private credit assets – a class of investment instruments that has built a solid reputation over the past 30 years.
Brookfield Asset Management $BAM is set to raise at least seven billion dollars for its fourth infrastructure debt fund, continuing its expansion in the private credit market. This new fund will invest in both junior and senior infrastructure debt, marking another step in the company's ongoing strategy in this sector.