They said it
“It has paid to be first with ETF innovations in the past. If mainstream investors embrace the private credit ETF, State Street could reap a healthy stream of recurring revenue”
Morningstar analysts Brian Moriarty and Ryan Jackson comment on news that SSGA and Apollo plan to launch a private credit ETF
First look

Muzinich signs deal for global real assets strategy
Credit investor Muzinich & Co has agreed to launch an infrastructure and real assets private debt strategy in partnership with Hong Kong-based Orion3 Group.