Articles tagged "Apollo Global Management"
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The unprecedented and once 'unthinkable' State Street-Apollo ETF rollout is still setting off alarm bells for promising liquidity of illiquid assets with questionable plan, say lawyers, analysts and Morningstar
Analysts remain baffled why State Street and the Securities and Exchange Commission are leaving the essential liquidity issue unresolved.
March 15, 2025 at 2:44 AM
State Street -- under protest -- caves to SEC pressure to nix 'misleading' 'Apollo' name from its freshly minted alts ETF, among many issues cited in stern regulatory letter
Morningstar, Micah Hauptman, industry executives and attorneys all said in October that State Street and Apollo didn't seem to have basic boxes checked -- and the SEC dropped the hammer
March 1, 2025 at 3:19 AM
Apollo partners with State Street Global Advisors for ultimate moonshot -- making alts liquid with ETFs -- but Apollo may make liquidity function at a premium untenable for investors, never mind the SEC
The Apollo-SSGA pitch to the SEC promises Apollo will buy the alts in a pinch -- but the hitch is that it's the originator, buyer, and seller, introducing uncertainty to 'market' pricing.
