ETF PRIV launched to provide retail investors access to private assets, aiming for high returns

From Zacks Investment Research: 2025-02-27 19:48:12

ETFs are now giving retail investors access to private assets with the introduction of the SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV). This actively managed fund primarily invests in investment-grade debt securities, with private credit making up 10–35% of the portfolio. According to State Street, PRIV offers high-quality income and improved risk-adjusted returns compared to traditional fixed-income strategies, with an expense ratio of 0.70%. Private assets have seen rapid growth, and BlackRock predicts the market could reach over $20 trillion by 2030. Apollo Global and State Street Global Advisors have collaborated on this unique ETF approach, where Apollo acts as a liquidity provider for private credit instruments, setting the stage for potential future ETF offerings in the private assets space.



Read more at Zacks Investment Research: Democratizing Private Assets: Trailblazing ETF Launches – February 27, 2025