News & Analysis

Moody’s: Apollo, State Street ETF proposal raises questions of liquidity mismatch

If the SEC approves it, the success of this novel ETF could influence the creation of others like it

HSBC Asset Management seeks $1bn for NAV financing

The strategy will aim to exploit growing demand for fund finance among the private equity industry.

Citigroup and Apollo form $25bn direct lending venture

Mubadala and Apollo’s Athene will be strategic partners in the enterprise, which focuses on below investment-grade deals.

What goes up must come down

With the interest rate environment once more the talk of the town, private debt will have to adjust to another new reality.

Loan Note: The rate cut that should ease borrower pressure; ADIA underlines real estate debt appetite

Borrower pressure eases as rates come down. Plus: ADIA makes latest commitment to real estate debt; and Finnish financier gets support for SME lending.

New York City Pensions’ CIO questions private equity’s billionaires

Meier, who oversees assets worth $272bn, believes private equity’s fees are ‘too high’.