Blackstone’s new fund is one of several efforts aimed at cracking the private credit door open to retail investors.
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The agency asked pointed questions about the new exchange-traded fund just hours after its launch last week.
The next frontier for private credit may be the mass market where fund managers are launching new products, like exchange-traded funds.
Private credit and buy-now-pay-later firms are teaming up to cut banks out of the consumer finance supply chain.
Citigroup and asset management giant Apollo Global announced an alliance to source $25 billion worth of deals in the next half-decade.