Latest news with #KatHidalgo


Bloomberg
a day ago
- Business
- Bloomberg
Apollo's Divisive Drive to Start Trading Private Debt
Welcome to Going Private, Bloomberg's twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we take a look at Apollo's drive to start trading private credit, as well as the industry's reliance on bank financing. We'll also cover the UK's push to force its pensions to allocate to private markets — Silas Brown, Kat Hidalgo and Bella Farr. If you're not already on our list, sign up here. Have feedback? Email us at goingprivate@ Private credit firms usually keep a tight grip on loans sitting in their portfolios. Very occasionally a loan will change hands for some idiosyncratic reason — but by and large, the industry likes to buy and hold its debt. Enter Apollo, which is working with bankers to shake up the industry, as our colleagues Laura Benitez and Todd Gillespie reported.


Bloomberg
3 days ago
- Business
- Bloomberg
State Street's Second Bid to Bring Private Credit to the Masses
Welcome to Going Private, Bloomberg's twice-weekly newsletter about private markets and the forces moving capital away from the public eye. Today, we take a look at a niche fundraising tool that's becoming increasingly popular, as well as the fine-print of a record private credit deal struck in the Asia Pacific region. But first, State Street's double-down on private credit ETFs. If you're not already on our list, sign up here. Have feedback? Email us at goingprivate@ — Silas Brown and Kat Hidalgo. If at first you don't succeed... open another private debt ETF.